The price of a barrel of Brent crude temporarily traded at just over $80, close to the perceived ‘pain threshold’ of the OPEC+ production cartel: At...
Oil prices remained at just over $80, a barrel of Brent crude was temporarily as cheap as it was last at the beginning of June, Commerzbank’s...
The Brent oil price initially fell to a monthly low of USD 83.5 per barrel this week as a result of the weak Chinese data. However,...
The Joint Ministerial Monitoring Committee of OPEC+ (JMMC) is expected to reiterate confirm the decisions of the OPEC+ meeting from early June at its next meeting...
Downside pressures for Crude oil continue to grow as physical demand trends continue to deteriorate. Crude prices may be on the cusp of a breakdown, TD...
Crude oil markets are also particularly vulnerable to a downtape, TD Securities senior commodity strategist Daniel Ghali notes. Trend-followers to liquidate -40% of their positions “While the...
Oil markets are now succumbing to a reversal of systematic flows, TD Securities analysts suggest. Upside for Oil prices is likely capped “With Commodity Trading Advisor...
Crude Oil continues to prove resilient, with inventory draws offering modest support to the complex, TDS strategists say. Crude Oil stays strong amid CTA buying “We...
Upside momentum firming and Commodity Trading Advisors (CTAs) in Crude Oil remain on the bid, TDS commodity strategists note. Markets look to take profits on Oil “Crude...
Crude Oil’s recovery could start to fade as upside momentum eases, TDS Senior Commodity Strategist Ryan McKay notes. Markets may halt their Brent and WTI buying...
The latest Department of Energy (DOE) inventory statistics weighed on the crude Oil markets, but with that said, the energy complex has recovered from the post-OPEC+...
Share: After a lacklustre start to the year, Oil prices are starting to come to life. Economists at MUFG Bank analyze Brent’s outlook. Oil bulls are...
Share: The price of Brent Oil has recovered from its six-month low in mid-December and has hovered around $80 since the beginning of the year. Economists...
Share: Russian Deputy PM Alexander Novak expressed his view on oil supply cuts and Brent oil prices in 2024, in his appearance on Wednesday. Key comments...
Share: Oil price witnessed an average 10% drop during November. Economists at ABN Amro analyze Oil’s market outlook. Brent to reach $95 by end-2024 For the...
Share: The price of Brent Crude Oil fell briefly below $80 per barrel in mid-November, its lowest level in four months. Strategists at Commerzbank analyze Oil’s...
Share: The Oil price is already high. Economists at Natixis analyze the maximum price Brent could reach. How high could Oil prices go? If the conflict...
Share: Overall, crude oil and refined products have traded sideways for the month of October. Economists at Rabobank analyze Brent’s outlook. Brent will touch, but not...
Share: Geopolitics have once again taken centre stage. Economists at Danske Bank analyze Oil’s outlook after war breaking out in the Middle East. Limited impact from...
Share: Brent Oil prices have had a volatile start to the fourth quarter. Economists at OCBC Bank analyze Oil prices outlook. Oil prices to average $90...