Brent Forecast

Iran v Israel, again On Monday, we forecast that the front-month Brent futures contract would end the week between $71 and $74/bbl. As of Friday, ...

Instability in the Middle East The front-month (February 2025) Brent futures contract weakened below $71/bbl on 06 Dec, dipping under the boundary of the symmetric ...

The front-month February 2025 Brent contract kicked off Monday by rebounding from last Friday’s lows, trading towards $72.70/bbl at the time of writing. However, the ...

The Jan’25 Brent futures contract concluded last week on a solid note, closing at $75.20/bbl on 22 Nov off the back of escalating tension around ...

The Jan’25 Brent future is trading near recent bottoms, with a wedge forming with lower highs from early October and a quite weak momentum in ...

Since early November, the Jan’25 Brent crude futures contract has traded in a narrow range, between $73.50 and $76.00/bbl, with prices settling at $72.80/bbl as ...

Brent crude futures saw a relatively rangebound week, with prices in the Jan’25 contract trading between $74 and $76/bbl. Oil’s reaction to the US election ...

Brent crude futures have been trading higher at the start of November, with prices in the Jan’25 contract trading above $74/bbl as of Monday morning. ...

The Market Resets Oil prices finally saw a cooling of the geopolitical risk premia tied to fears of an Israeli attack on Iranian oil and ...

Geopolitical risk: down but not out  We see a firm Brent complex this week. We forecast Dec’24 Brent futures to end the week in the ...