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Crude Carnage Continues Across Asia As Another Futures Contract Roll Looms

Crude Carnage Continues Across Asia As Another Futures Contract Roll Looms Following last week's bloodbathery in WTI as its May contract expired and the biggest oil ETF (US-Oh!) wreaked.....»»

Category: blogSource: zerohedgeApr 27th, 2020

"Prices could fall to zero": Brent crude drops to a 2-decade low as the global oil rout continues

REUTERS/Jim Urquhart Brent crude oil dropped to a two-decade low Wednesday, trading at as low as $15.98 a barrel as the global oil rout continued. One analyst said Brent prices were un.....»»

Category: personnelSource: nytApr 22nd, 2020

"Texas Miracle" "On Ice For Time Being" As Crude-Carnage & COVID-Chaos Double-Whammy Strikes Lone-Star State

'Texas Miracle' "On Ice For Time Being" As Crude-Carnage & COVID-Chaos Double-Whammy Strikes Lone-Star State West Texas Intermediate (WTI) spot prices plunged 7.5% to the 19-handle on Sunday evening, hitting lows not seen since 20.....»»

Category: blogSource: zerohedgeApr 1st, 2020

Oil"s bonkers week saw a "stunning" collapse after spiking on the Trump-Iran turmoil

Reuters / Brendan McDermid Oil this week briefly jumped to $70 a barrel, then on Wednesday sharply dropped to the mid-$60s level.  "The one-day collapse in Brent crude oil by half a big handle was quite stunning," says one analyst......»»

Category: topSource: businessinsiderJan 9th, 2020

Oil"s Selling Pressure Continues

Brent crude and West Texas Intermediate futures were each lower by around 2 percent Wednesday morning with multiple factors at play. read more.....»»

Category: blogSource: benzingaMay 29th, 2019

Brent oil hits $75 on worries about Russian crude

Brent oil rose above $75 a barrel Thursday for the first time this year as quality concerns forced the suspension of some Russian crude exports to Europe and as the United States prepared to tighten sanctions on Iran......»»

Category: topSource: moneycentralApr 25th, 2019

Brent oil hits $75 on worries about Russian crude

Brent oil rose above $75 a barrel Thursday for the first time this year as quality concerns forced the suspension of some Russian crude exports to Europe and as the United States prepared to tighten sanctions on Iran......»»

Category: topSource: moneycentralApr 25th, 2019

Brent oil hits $75 for first time in 2019 as Russian exports cut

Brent oil rose above $75 per barrel on Thursday for the first time this year as quality concerns forced the suspension of some Russian crude exports to Europe while the United States prepared to tighten sanctions on Iran......»»

Category: topSource: reutersApr 25th, 2019

Oil hits 2019 high above $72 on China growth, lower U.S. inventories

Brent oil hit a 2019 high above $72 a barrel on Wednesday, propelled by steady economic growth in China and a fall in U.S. crude stocks which defied expectations and signaled firm demand, while global supply remained tight......»»

Category: topSource: reutersApr 17th, 2019

Oil hits 2019 high as supply squeeze looms; Brent nears $70 per barrel

Oil prices on Tuesday hit their highest level so far in 2019, with Brent crude approaching $70 a barrel, on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut......»»

Category: topSource: reutersApr 2nd, 2019

Oil hits 2019 high as supply squeeze looms, Brent nears $70 per barrel

Oil prices hit their highest of 2019 on Tuesday, with Brent crude approaching $70 a barrel, on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut......»»

Category: topSource: reutersApr 2nd, 2019

Oil hits 2019 high on signs of tighter supply; Brent eyes $70 a barrel

Oil prices hit their highest of 2019 on Tuesday, with Brent crude approaching $70 a barrel, on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut......»»

Category: topSource: reutersApr 2nd, 2019

WTI hits 2019 high as oil extends first-quarter gains on tight supply

U.S. crude oil hit a 2019 high on Monday and Brent gained a dollar after tight supply and positive signs for the global economy drove both benchmarks' largest first-quarter gains in nearly a decade......»»

Category: topSource: reutersApr 1st, 2019

Brent oil hits highest since late 2014 as supplies tighten

Brent crude passes $75 a barrel......»»

Category: topSource: foxnewsApr 24th, 2018

Rupee hits 13-month low of 65.80 against USD amid crude oil concerns

Brent crude, an international benchmark, was trading at USD 74.58 a barrel in early Asian trade - highest level since November 2014.....»»

Category: topSource: business-standardApr 19th, 2018

Brent hits highest since Dec 2014 as Trump pledges Syria missile attack

Brent crude jumped to a high of nearly $72 a barrel.....»»

Category: topSource: business-standardApr 11th, 2018

Asia oil thirst cost jumps to $1 trillion annually; Brent hits $80.18

Brent crude futures reached an intraday high of $80.18 a barrel before receding to $79.67.....»»

Category: topSource: business-standardMay 17th, 2018

Commodities Corner: Why Goldman Sachs still sees oil peaking above $82 a barrel this summer

Goldman Sachs on Monday says it continues to expect Brent crude oil prices to peak above $82 a barrel this summer, even after assuming that the Organization of the Petroleum Exporting Countries will soon agree to lift production......»»

Category: topSource: marketwatchJun 18th, 2018

Brent crude hits three-month low as output rises

Global benchmark Brent crude oil hit a three-month low as worries over supply disruptions eased and the focus moved to increasing production and potential damage to global growth from the U.S.-China trade dispute. Laura Frykberg reports......»»

Category: videoSource: reutersJul 17th, 2018

Oil hits four-year high as OPEC, Russia resist output rise to offset Iran sanctions

Brent crude oil prices hit a fresh four-year high on Tuesday amid looming U.S. sanctions against Iran and an apparent reluctance by OPEC and Russia to raise output to offset the expected to hit to supply......»»

Category: topSource: reutersSep 25th, 2018