UBS analysts believe concerns about hurricane disruptions should not discourage investors on crude oil. Brent Crude Oil ...

WTI crude fell to its 52-week low of $64.78 per barrel on Sep. 10, 2024. It reached its 52-week high of $95.52 on Sep. 27, 2023. That’s 27.27% higher than the current futures price. Brent futures rose ...

Brent crude crashed to a three-year low last week. Ahead of the US Federal Reserve policy decision, crude oil is teetering on ...

Concurrently, the latest data from the US Department of Energy showing a decrease in crude oil inventories by 1.63 million ...

Brent crude oil prices dropped below $70 a barrel, the lowest since December 2021. OPEC+ downgraded 2024 oil demand growth ...

Morgan Stanley on Monday cut its Brent crude oil forecasts for coming quarters and said the global oil market is facing a ...

Oil prices extended their recent recovery rally and rose more than 1% on Thursday as a large cut in U.S. interest rates and ...

Investors are also anticipating a potential reduction in U.S. interest rates later this week. By 1315 GMT, Brent crude ...

Brent Crude, Heating Oil, and Gasoline are at or near their lowest carry yield, are at or near their lowest hedge fund position estimates and are the most “cheap and oversold” markets across all ...

Citigroup on Sunday said it believes OPEC and allied producers, known as OPEC+, will likely extend current output cuts into 2025 and predicted Brent crude prices could rally to $75/bbl or more over ...

Hedge funds turned net bearish on Brent crude for the first time on record as concerns about an oversupply of oil hammer futures prices. Money managers’ short positions outnumbered long bets by 12,680 ...

The main international oil contract, Brent crude, fell below $70 per barrel on Tuesday for the first time since December 2021 amid concerns about slowing economic growth depressing fuel demand.