Brent crude oil price has gone nowhere in the past few months as investors weigh the ongoing demand and supply dynamics. The global benchmark has been stuck at around $85 but there are signs that we c...
Tag: Brent
Brent crude oil price multi-timeframe technical analysis
Crude oil prices remained in a consolidation phase as the market continued reflecting on the supply and demand dynamics. Brent, the global benchmark, dropped to a low of $83.75 on Monday while the Wes...
Interview: What is the future of DeFi? Umee founder Brent Xu
It’s been a rough year or so for crypto. This includes the area of decentralised finance, where total value locked (TVL) has collapsed amid the bear market. Are you looking for fast-news, hot-tips an...
Brent Oil Jumps Above $86 After Russia Says It Plans Output Cut
(Bloomberg) — Oil jumped after Russia said it plans to cut March production by 500,000 barrels a day. Most Read from Bloomberg Brent crude climbed as much as 2.6% in London to trade above $86 a ...
Brent crude oil price could hit $140 in 2023
Brent crude oil prices have pulled back in the past few months as investors assess the supply and demand in 2023. West Texas Intermediate was trading at $77.41 on Friday, down by about 40% from its hi...
Brent Tumbles Below $80 as Swelling Supplies Outweigh Jobs Data
(Bloomberg) — Oil tumbled to the lowest levels since early January as long-term headwinds overwhelmed the positive sentiment from a strong US jobs report. Most Read from Bloomberg Brent crude, t...
Bullish Signals For Oil, But Not For Natural Gas
MIDLAND, TEXAS – MARCH 12: Workers place pipe into the ground on an oil drilling rig set up in the … [+] Permian Basin oil field on March 12, 2022 in Midland, Texas. President Joe Biden im...
Analysts Remain Bullish On Oil Prices Despite Looming Headwinds
BEIJING, CHINA – DECEMBER 09: Medical workers wear PPE as they arrive with a patient on a stretcher … [+] at a fever clinic on December 9, 2022 in Beijing, China. In a major shift in the c...
Latest forecast for Brent Crude
Due to a concomitance of causes mainly related to the global pandemic, Brent Crude has experienced a sharp rise in prices, halted as of June 2022. Black Gold, once the main source of energy for the e...
Brent Suter Heads West; Adrian Houser Reaches Deal For 2023
Brent Suter posted a 3.51 ERA in seven seasons with the Brewers, while also becoming a favorite in … [+] the clubhouse and among fans thanks to his outgoing personality. (Photo by David E. Kluth...
Why Did OPEC Cut Production For October Targets?
AFP via Getty Images Key takeaways On Monday, OPEC announced that it would slash oil production targets for October by 100,000 barrels per day The group of oil producers expressed concerns over weaken...
Enverus Lowers Oil Price Forecast, Rig Count Drops Amid Record Industry Profits
A new report from energy analytics and intelligence firm Enverus projects oil prices to continue to … [+] decline through the end of 2022. getty In the latest signal of a faltering oil market, e...
Recession Risks To Supply, Short Energy Markets Are Overstated
An oil rig south of Taft, California extracts crude. (Photo by David McNew/Getty Images) Getty Images Commodities have taken a pounding in recent days on growing fears of a global recession and demand...
recent crash in Brent is not a sign of recession
Brent is back under $100 a barrel on Wednesday – a 12% decline within 48 hours that famed investor Jim Cramer says is not a sign of recession. Cramer’s outlook on the oil price U.S. economy has alread...
Oil prices could go ‘parabolic,’ putting global economy in ‘critical situation,’ says Trafigura chief
“‘We have got a critical situation. I really think we have a problem for the next six months. … [O]nce it gets to these parabolic states, markets can move and they can spike quite a lot.’” — Jeremy We...
Brent Crude Tops $120 as Shanghai Eases Curbs, EU Leaders Meet
(Bloomberg) — Oil climbed as China eased anti-virus lockdowns and the EU worked on a plan to ban imports of Russian crude. Most Read from Bloomberg Brent crude topped $120 a barrel, before parin...
Brent Crude Oil Price Update – Late Session Surge Puts Market in Position to Challenge $113.99 – $115.29
International-benchmark Brent crude oil futures are trading sharply higher late Friday on the back of record gasoline prices, Additionally, China looked ready to ease pandemic restrictions that could ...
Oil drops, Brent crude falls below $100 as China lockdowns spark demand fears
Oil pumping rigs are situated next to a vineyard of table grapes as viewed on July 8, 2021, north of Bakersfield, California. George Rose | Getty Images Oil prices slid Monday, accelerating two straig...
Brent and Matt, Two Men from Texas, Have Made Millions Mining BTC
Brent Whitehead and Matt Lohstroh are two young men from Texas that have already made millions mining bitcoin and other forms of crypto. The two have worked hard to establish a new company called Giga...
We Talk To Brent Jackson Of Torpago On His Brand And Fintech Trends Of 2022
Torpago is described as a financial service and spend management platform. The company is on a mission to disrupt traditional corporate credit cards and effectively modernize spend management for bu...
Brent Oil Jumps to Highest Since 2014 as Physical Market Booms
(Bloomberg) — Brent oil surged to the highest level in seven years as physical markets run hot in the world’s largest consuming region and Goldman Sachs Group Inc. said prices are headed for $10...
Brent crude hits two-month high as China lifts COVID restrictions. Analyst predicts $124/barrel is next.
Brent crude surged to levels not seen in two months on Monday, as easing COVID restrictions in China’s biggest cities drove fresh hopes for demand. U.S. markets will be closed on Monday in observance ...