INSIGHTS
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brent
22 Apr 2024
Brent crude oil fell to $86 as Middle East fears eased
Brent and WTI crude oil prices extended recent losses toward $86/b and $80/b levels respectively on Monday morning, after a lack of immediate escalation between...
03 Apr 2024
Brent oil flirts with $90 on Middle East risk and supply concerns
Both Brent and WTI crude oil prices rose as high as $89.50/b and $85/b respectively on Tuesday morning, nearing 6-month highs, driven by the escalating tension in the...
08 Jan 2024
Brent oil fell to $77 as Saudi’s price cuts overshadow Mideast worries
Crude oil prices have continued their weak sentiment into the new year driven by the slowing oil demand, the oversupplied conditions, and the growing inventories, despite concerns for any potential...
07 Dec 2023
Brent oil sinks 4% to a 5-month low of $74 on bearish fundamentals
Brent and WTI crude oil hit fresh 5-month lows of $74/b and $69/b respectively on Wednesday, or down nearly -4%, amid growing concerns over fuel demand on the clouded...
12 Nov 2023
Brent crude falls to a 3-month low of $81 on weaker oil fundamentals
Both Brent and WTI crude oil prices tumbled over 4% on Tuesday, to have their lowest finish since end-July of $81.61/b and $77.37/b respectively, on the back of a...
16 Oct 2023
Brent holds above $90/b as traders assess Middle East turmoil
Crude oil prices turned slightly lower but held Friday’s 6% gains on the first trading day of the week, as energy traders assess whether the turmoil in the oil-rich Middle East could have an impact...