Brent Oil
Brent Crude is extracted from the North Sea near Europe; its oil fields include Brent, Ekofisk, Forties, and Oseberg.
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Crude Prices Rise on Energy Demand Optimism
July WTI crude oil (CLN25) Friday closed up +1.21 (+1.91%), and July RBOB gasoline (RBN25) closed up +0.0139 (+0.67%). Crude…
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Crude Prices Tumble on Reports Saudi Arabia Seeks Additional Production Hikes
July WTI crude oil (CLN25) today is down -0.86 (-1.36%), and July RBOB gasoline (RBN25) is down -0.0465 (-2.24%). Crude…
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Oil Ticks Lower After EIA Report
03:30 PM BST, United States – EIA Data: Crude Oil Inventories: actual -4.304M; forecast -2.900M; previous -2.795M; Gasoline Inventories: actual 5.219M; forecast 1.500M;…
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Crude Prices Higher as the Dollar Slumps and Oversupply Concerns Ease
July WTI crude oil (CLN25) Monday closed up +1.73 (+2.85%), and July RBOB gasoline (RBN25) closed up +0.0374 (+1.86%). Crude…
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Oil Surges 4% on OPEC+ Decision And Geopolitical Risk
Crude oil (OIL) is gaining nearly 4% today, as the increase in supply from OPEC+ turned out to be lower…
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OPEC+ agrees on third oil output hike, may be larger than 411,000 bpd – Reuters
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) agreed to surge oil output for the third month…
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Is Crude Oil at a Major Inflection Point?
OPEC+ meets on June 1 and the outcome could help determine whether oil prices rebound from their recent sell-off to…
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OPEC+ Considers Output Hike Above 411,000 BPD For July
OPEC+ is contemplating an increase in crude oil output for July exceeding 411,000 barrels per day (bpd), a move that…
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Crude Prices Rally on Risks to Russian and Iranian Oil Supplies
July WTI crude oil (CLN25) Wednesday closed up +0.95 (+1.56%), and July RBOB gasoline (RBN25) closed up +0.0152 (+0.74%). Crude…
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Oil: Speculators buy Brent – ING
The Oil market managed a second consecutive week of gains, driven largely by tariff de-escalation. However, the market is in…
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