Brent Crude

Brent crude futures gained 0.64% to $84.5 a barrel on Friday, hovering near its highest since October 2018 and heading for a 2.4% rise for the week, after Saudi Arabia dismissed calls for additional OPEC+ supply and the EIA said soaring…

Brent crude futures fell by 0.6% to $80.6 a barrel on Thursday, declining for the second session in a row and off from a 3-year high hit early Wednesday, amid an unexpected rise in US oil inventories that raised concerns over demand.…

Brent crude futures were down at $77.9 a barrel on Friday, below a three-year high of $80.75 hit earlier in the week and after posting a 9.5% jump in September. Investors' focus shifted to an OPEC+ meeting on Monday, where…

Brent crude futures hovered around $78.9 a barrel on Thursday, following two days of losses and easing from Wednesday's three-year high of $80.75, as an unexpected rise in US inventories and concerns over the pace of China's recovery hit…

Brent crude futures climbed almost 1% to above $80 per barrel on Tuesday, a level not seen since October 2018, amid tighter supply and recovering demand in many parts of the world. In the UK, trucker shortages coupled to panic…

Brent crude futures rose 0.2% to $77.41 on Friday, its highest since October 2018, and is on course to add around 2.5% for the week, amid global supply concerns following storms in the US that damaged facilities on the Gulf coast. …

Brent crude futures rose by nearly 1% to $75.07 a barrel on Wednesday after trading below $74 the day before, lifted by data showing US crude stocks dropped more than expected. API figures on Tuesday showed US oil inventories…

Brent crude futures traded around $74.7 a barrel on Monday, extending losses from Friday, amid signs of more supply entering the market as US production continues to slowly recover from the damage caused by Hurricane Ida in August.…

Brent crude futures rose by 0.63% to a more than 6-week high of $73.9 a barrel on Tuesday, gaining for the second day, amid concerns about tight supply in the US during hurricane season, with onshore oil refiners reportedly beginning to…

Brent crude futures traded below $72 a barrel on Wednesday, amid lower demand concerns. Meanwhile, about 79% of US Gulf production remained offline on Tuesday, with 79 production platforms still unoccupied, according to source.…