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
The Mar’25 Brent futures contract continued to strengthen daily but has been slipping hourly; after gapping higher this morning, it has softened to oscillate around the simple 20-day moving average for the last few hours. Mar’25 fell from a high
The Mar’25 Brent futures contract witnessed a rangebound afternoon, oscillating between $73.30/bbl and $73.70/bbl, and currently sits at $73.40/bbl at 17:20 GMT (time of writing).
The Mar’25 Brent futures contract softened to $72.70/bbl at 06:35 GMT but strengthened to $73.05/bbl by 10:15 GMT (time of writing).
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
The Mar’25 Brent futures traded from $72.50/bbl at 3:50 GMT to $72.65/bbl at 06:25 GMT (time of writing) amid thin liquidity ahead of Christmas.
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).
The Feb’25 Brent futures flat price traded around the $73.30/bbl level overnight Monday before falling by nearly 50c and below $73/bbl within half an hour, trading $72.94/bbl at 10:00 GMT. In the news, a second drone attack in a week
Feb’25 Brent futures failed to break through support at $72.00/bbl throughout this afternoon and rose to $73.00/bbl at 1720 GMT (time of writing). Kremlin spokesman Dmitry Peskov warned that potential G7 sanctions on Russia’s oil industry could destabilise global energy
The front-month (Feb’25) Brent is on track for a weekly decline, as price action has fallen by 2% to $72.50/bbl by 13:30 GMT (time of writing). Various factors have pressured crude prices this week, including more hawkish signals from the
Feb’25 Brent futures softened from $72.55/bbl at 0600 GMT to $72.20/bbl at 10:30 GMT (time of writing). The Financial Times reported today that Shell secured Nigerian government approval for a $2.4 billion onshore and shallow-water asset sale to Renaissance Group
Feb’25 Brent futures fell from $73.70/bbl at 13.30 GMT to $72.70/bbl at 17:00 GMT. A US government shutdown is looming as Congress scrambles to pass a stopgap bill, despite opposition from President-elect Donald Trump, according to Fox News. Economic data
The Feb’25 Brent futures flat price came off to the $73/bbl level overnight before rising to $73.36/bbl by 10:00 GMT (time of writing). Price action is slightly lower following the Fed’s rate cut, as policymakers signalled a more hawkish stance
The LPG market was relatively uneventful in December, with more of the same in many markets. Going into the festive period, there is a sense of normality in the markets compared to the supply tightness concerns from Panama Canal logistical
The Feb Brent Futures contract has seen mixed price action this afternoon, trading up to a high of $74.12 at 16:10 GMT before retracing to $73.61/bbl where it sits at the time of writing, as EIA data highlighted that crude
