Home
> Brent Crude
Brent Crude
Oil prices down as Iran nuclear deal inches closer
European Benchmark Brent oil fell to $55.50 a barrel as Iran talks resumed in Switzerland.
Crude oil prices gain on lower US drilling activity and escalating Yemen crisis
Hedge fund manager Pierre Andurand warns crude prices could drop to $30 amid concerns of Middle East supply disruptions.
Oil prices slide as Yemen fears recede
Crude prices fall by $1 a barrel despite Saudi-led bombing campaign in neighbouring Yemen.
Crude oil prices to hit $100 by end 2016: Boone Pickens
US oil magnate and BP Capital boss T Boone Pickens says the idea of 'peak oil' should not be dismissed.
Crude oil prices heading to $35 by June: FGE
Prices could even dip beyond those levels for a brief period, warns oil expert and FGE chairman Fereidun Fesharaki.
Oil prices gain on weak dollar and lower US drilling activity
But gains could be short-lived, as rising supplies may weigh on prices again.
Crude oil seen dropping to $40 or even $20 a barrel this year
A global oil glut, a stronger dollar and a storage dearth could flood the physical markets with oil, hitting prices.
Crude oil prices tank on glut forecast and US dollar strength
Energy watchdog IEA's report fuels concerns that the global supply glut and a storage dearth in the US will hit prices.
FT: US ban on oil exports is a strategic mistake
Restricted exports of US crude is prime reason for $9 discount of West Texas Intermediate to Brent crude, says FT.
Goldman Sachs predicts US crude prices will drop to $40 a barrel
Goldman Sachs believes that Brent prices would also come under renewed pressure as global inventories rise.
Crude oil prices drop further on US dollar strength
Stronger-than-expected US jobs data drives US dollar higher, hitting dollar-denominated commodities like oil.
Saudi's Naimi expects oil market to balance and prices to stabilise
Saudi Arabian Oil Minister Ali al-Naimi said he expected the oil market to balance and prices to stabilise.
Crude oil rises on improving demand outlook and supply disruptions
Brent's marked gains this month have been fuelled by production and export outages in Libya and Iraq.
US crude inventories rise to 80-year high at 434 million barrels
US crude oil inventories rose by 8.43 million barrels for week ended 20 February, according to EIA.
Saudi Oil Minister Ali al-Naimi says crude demand is growing
Naimi directed Opec's 2014 decision to fight for market share, instead of cutting output to support prices.
Oil prices drop as falling drilling activity fails to dent US crude inventory buildup
Commerzbank expects the price gap between Brent and WTI to widen even further on the back of stock trends in the US.
Crude oil rout: Now is a good time to pick energy stocks
Analysts at Goldman Sachs and at Intelligent Investor see an opportunity in oil equities.
Oil rallies on industry spending cuts and declining US drilling
Capital Economics expects oil prices to gradually climb back to some $70 per barrel over the medium term.
Brent crude prices hold above $60 a barrel in early trade
Deeper industry spending cuts and a weak US dollar are stimulating buying.
Oil rallies on US data and growing interest in oil fund
Crude oil prices benefit from upbeat US January jobs report and declining US oil and gas drilling activity.
Crude oil slips as Greek election hits euro hard
Euro drops to a near 11-year low against the US dollar on 26 January.
Crude oil prices continue to drop amid persistent supply glut
US crude in the $26-$30 price range will signal that a global recession is inevitable, according to a Convergex survey.
Russia's Lukoil is preparing for $25 oil, says CEO Alekperov
Brent crude, the European benchmark, traded at about $110 a barrel a year ago.
Oil prices rise 2% as analysts expect Saudi Arabia to maintain policy after King Abdullah's death
No change expected in Saudi oil policy following death of King Abdullah bin Abdulaziz al-Saud.
Crude oil prices could drop to $30 a barrel claims Nomura's Bob Janjuah
Janjuah voices concerns about the US, whose energy industry grew on the back of its shale oil and gas boom.
Crude futures mixed as IEA says oil rout to curb non-Opec supply growth
Global crude oil market remains 'considerably oversupplied' keeping prices under pressure.
Global economic outlook still glum even with cheaper oil
A sharp drop in oil prices and a stronger US economy will probably not be enough to brighten the outlook for global economic growth this year, the head of the International Monetary Fund said on Thursday (January 15).
Crude oil prices drop to their lowest in nearly six years
Oversupply and weak demand continue to plague global crude oil market.
Crude oil prices log their seventh straight weekly loss
Oil rout continues as key producers show no signs of slashing output amid global glut.
Oil could trade at $40, says renowned trader Andrew Hall
Low prices also raise the risk of geopolitical instability, warns commodity hedge fund manager Andrew J Hall.