US Brent Oil (NY: BNO )
24.81 -0.10 (-0.40%) Streaming Delayed Price Updated: 2:36 PM EDT, Mar 24, 2023 Add to My Watchlist
All News about US Brent Oil
US Open: Stocks To Record Highs As The Fed Starts To Taper
November 04, 2021
Continued accommodation from the Fed is like Christmas come early for the markets. The prospect of cheap money for longer as the Fed pushed back on interest rate hikes boosts stocks to fresh all-time...
Market Briefing For Thursday, Nov. 4
November 04, 2021
Offsetting influences are factors which influence the superficially neutral policies of the Fed. By maintaining 'emergency' near-zero rates after the 'emergency', it's soothing to markets, but actually...
WTI Extends Losses After Bigger Than Expected Crude Build
November 02, 2021
Oil prices dipped today ahead of the Fed's possible taper tomorrow and as investors assessed the likelihood of OPEC+ succumbing to pressure to add more crude to the market.
Sunday CoT Report: Looking At The Future Via Futures
October 31, 2021
Exposures US Equities
Crude Oil Outlook: Oil Prices Remain Supported Ahead Of OPEC+
October 30, 2021
Over the past few weeks, oil prices have continued to proceed along an upward trajectory as commodity shortages remain a key concern for global economies. With OPEC+ expected to meet on Nov. 4, output...
The U.S. Oil Supply Is Still Out Of Balance
October 29, 2021
You may find it curious that the price of oil is still above $80 a barrel. This is also why gasoline prices are at the highest levels since 2014. But, there is a good explanation for it.
Let's review both the daily and monthly charts for crude oil, and if we start with the former, we can see the extent of buying support which continues to drive the price higher.
Weekly Fundamental Crude Oil Price Forecast: Bullish Outlook For Now
October 17, 2021
Volatility in global markets is persisting, but for now it’s still translating into a mostly bullish environment for energy prices amid supply chain concerns and an energy supply production deficit...
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