Reports

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European Window: Brent Strengthens To $76.60/bbl

After seeing weakness this morning, the Mar’25 Brent futures contract recovered this afternoon, increasing from $75.60/bbl at around 1100 GMT up to $76.60/bbl at 1730 GMT (time of writing). In the news today, Venezuela’s oil exports rose 10.5% y/y in

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European Window: Brent Rises To $76.40/bbl

The Mar ’25 Brent futures contract continued to see support this afternoon as it rose from around $75.70/bbl at mid-day to $76.40/bbl at 17.15 GMT (time of writing). China’s manufacturing PMI dipped to 50.5 in December, missing forecasts, as output

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Early European Window: Brent Declines To $73.90/bbl

The Mar’25 Brent futures contract was initially supported around the $74.50/bbl level this morning at 0800 GMT, before falling to $73.90/bbl at 1310 GMT (time of writing). In the news today, a Ukrainian drone attack in western Russia caused a

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European Window: Brent Continues to Strengthen

The Mar’25 Brent futures contract rose this afternoon, from under $74.00/bbl at mid-day to $74.45/bbl at 1715 GMT. US SPR crude inventories increased by about 0.3mb last week, reaching 393.6mb. Sour crude rose by 0.3mb to 250.3mb, while sweet crude

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Early European Window: Brent Trades Below $73

The Mar’25 Brent futures flat price saw a volatile and choppier performance amid thinner liquidity on Tuesday, rising to $73/bbl by 11:20 GMT before selling off by 60c within 15 mins, and is printing $72.74/bbl at 13:15 GMT (time of

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European Window: Brent Falls to $72

The Feb’25 Brent futures flat price continued to slide on Monday afternoon, falling from the $72.70/bbl level at 11:00 GMT to $72/bbl by 16:50 GMT, before finding technical support and bouncing up to $72.12/bbl by 17:20 GMT (time of writing).

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