Hedge funds turned net bearish on Brent crude for the first time on record as concerns about an oversupply of oil hammer ...
Brent crude crashed to a three-year low last week. Ahead of the US Federal Reserve policy decision, crude oil is teetering on ...
WTI futures traded around $70.30 per barrel, as of 9 a.m. ET. That’s an increase of 0.90% in the last 24 hours.
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
Crude oil inventories in the United States rose by 1.96 million barrels for the week ending September 13, according to The American Petroleum Institute (API). Analysts had expected a 100,000-barrel ...
Citigroup on Sunday said it believes OPEC and allied producers, known as OPEC+, will likely extend current output cuts into 2025 and predicted Brent crude prices could rally to $75/bbl or more over ...
On September 17, oil prices continued to rise as the market assessed concerns regarding U.S. output in the wake of Hurricane ...
Oil prices surged by nearly 2 percent on Monday (Sept. 16), buoyed by continued disruptions to U.S. Gulf Coast oil production ...
Investors are also anticipating a potential reduction in U.S. interest rates later this week. By 1315 GMT, Brent crude ...
From forecast by Opec+ and expectations of softened demand in US, China, and Asia, to progress on the Gaza ceasefire deal, ...
The U.S. Energy Information Administration reduced its Brent spot price forecast for 2024 and 2025 in its latest short term ...
Morgan Stanley on Monday cut its Brent crude oil forecasts for coming quarters and said the global oil market is facing a ...