You Searched For "brent crude" and got 19 results
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1 min read
Brent Crude Prices Are Dropping
Three-quarters of Libya's 1.4 million barrel a day production capacity had been taken out of circul…
Rob Wile
1 min read
Brent crude is in a bear market
Brent now joins West Texas Intermediate crude oil - the US benchmark - in a bear market. On Thursda…
Akin Oyedele
1 min read
Oil plunges 12%, continues deep slump as dismal outlooks for global demand persist
Oil fell further Friday after China's economy suffered its first contraction in 28 years as gross d…
Carmen Reinicke
1 min read
Brent Crude Oil Is Holding Below $60
"The story is still the same. Europe is weak, China is weak, and the US economy is growing by a bit…
Stefano Pozzebon
1 min read
BRENT CRUDE OIL TUMBLES BELOW $50
Here's Brent again in some historical context. If the price keeps tumbling below about $45 per…
Mike Bird
2 mins read
US stocks mixed after turbulent trading driven by Fed jitters and delta spread
"Progress in the labor market is the missing piece of the puzzle for the Fed to set into motion," a…
Isabelle Lee
3 mins read
Here's three reasons why Saudi Arabia won't cut oil production any time soon
Earlier this week Saudi Arabia, the world's largest oil exporter cut crude prices for sale to Asia …
Saloni Sardana
2 mins read
Oil prices will face downward pressure next year as OPEC sees oversupply expanding, report says
OPEC+ expects a surplus of 2 million barrels per day in January, 3.4 million in February, and 3.8 m…
Isabelle Lee
2 mins read
Oil leaps as major producers look to extend record production cuts through July
Major producers including Russia want to extend cuts for one more month, Bloomberg reported. Saudi …
Ben Winck
2 mins read
US stocks dragged lower from record highs by tech heavyweights set to report earnings
"Financial markets are plagued by many uncertainties," Rob Sechan of NewEdge Wealth said. "Investor…
Isabelle Lee
3 mins read
The world's largest oil trader saw profits dive 70% at the start of 2020 as prices crumbled
Vitol suffered a 70% loss in its first quarter with net income falling to $180 million compared to …
Saloni Sardana
2 mins read
Oil could surge above $100 in the event of a cold winter - and spark inflation that drives the next macro crisis, BofA says
And tightness in the global natural gas market could put more upward pressure on crude as high natg…
Isabelle Lee
1 min read
Russian oil has been selling for 32% less than Brent crude, and the discount could continue widening amid new sanctions
Russia's Finance Ministry said a barrel of Urals, the country's primary export blend, sold for $73.…
Brian Evans
3 mins read
UBS: Oil prices will spike 115% by the end of 2020 in a dramatic reversal of the current crisis
Mark Haefele, CIO at UBS Global Wealth Management said he expects the oil market to "become under-s…
Saloni Sardana
2 mins read
Dow falls 652 points on Fed chief Powell's tapering comments and Omicron variant concerns
Fed Chief Jerome Powell also warned investors against the Omicron strain, which he said threatens t…
Isabelle Lee
3 mins read
Oil hits lowest since June, as tougher European lockdown rules and a fuel surplus wipe 10% from the price in two days
The oil price has lost 10% in two days, weighed down by surging cases of COVID-19 that could deal a…
Amanda Cooper
2 mins read
Nasdaq falls more than 2% as rising bond yields drag mega-cap tech names lower
"The Nasdaq is the punching bag as global bond yields rise," Edward Moya of Oanda said. The yield o…
Isabelle Lee
1 min read
Brent Crude Oil Falls Over 2% After Iran Deal
"Brent had rallied last week in response to market talk that the negotiations weren't going so well…
Agence France Presse
2 mins read
Oil dips below $100 to pre-invasion levels as recession fears grip energy markets
A wave of warnings on the state of the global economy has weighed on energy markets. Both US and in…