Oil
Brent set for first yearly drop in 3 years
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28 DEC clock 14:48

Brent set for first yearly drop in 3 years

The global oil benchmark has been unable to keep its head above the psychologically-important $80/bbl line, for now. Stronger support may arrive as trading volumes are restored in the new year, provided the US dollar keeps moving lower on hopes for Fed rate cuts in 2024.
Brent Oil Middle East Israel-Hamas war
Brent bulls raring to return above $80/bbl
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22 DEC clock 12:21

Brent bulls raring to return above $80/bbl

The global oil benchmark is now teasing a psychologically-important level, having climbed in the wake of the Red Sea attacks and the Fed's policy pivot. Today's US PCE Deflator data release may well determine whether Brent spends Christmas above or below $80/bbl.
Brent Oil inflation OPEC+ Federal Reserve
Dovish Fed set to help BRN end 7-week losing streak
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15 DEC clock 15:56

Dovish Fed set to help BRN end 7-week losing streak

Oil bulls have managed to regain an upward momentum amid Fed pivot hopes.
Oil Crude Brent
BRN is trying to recover, moving away from $74/bbl
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08 DEC clock 10:30

BRN is trying to recover, moving away from $74/bbl

BRN is trying to rebound away from $74/bbl after a ~10.15% drop in price amid market skepticism on whether the OPEC+ production cuts will be fully implemented.
Oil Crude Brent OPEC+ OPEC
WTI sinks into bear market!
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17 NOV clock 11:26

WTI sinks into bear market!

Following a large increase in US crude stockpiles, WTI-daily has fallen below the 200-SMA at 77.954.
WTI Crude US crude inventories Oil