Crude Oil
BRN is under pressure after reaching above $85.00 level
icon
21 JUN clock 10:22

BRN is under pressure after reaching above $85.00 level

BRN is consolidating below the $85.00 level amid the potential for interest rates to remain higher for longer in the US as well as in some of the Asian economies.
BRN on track to post the first weekly gain in four weeks?
icon
14 JUN clock 16:03

BRN on track to post the first weekly gain in four weeks?

BRN may be able to post its first weekly gain in the past four weeks following the lower PPI and an uptick in initial jobless claims reading.
Brent to break below $80/bbl?
icon
24 MAY clock 14:36

Brent to break below $80/bbl?

Brent may be set to book its 5 consecutive days of declines today, remaining under significant pressure following the higher than expected (1.83M - actual vs -2.55M - expected) EIA crude stock change reading.
Oil bulls are fighting to stay above 100-period SMA at $83/bbl.
icon
17 MAY clock 13:08

Oil bulls are fighting to stay above 100-period SMA at $83/bbl.

Oil bulls have managed to climb above the 100-period SMA on the back of the softer US CPI reading earlier this week as well as the higher-than-expected draw from US crude inventories.
Brent to drop the most on the weekly basis since February?
icon
03 MAY clock 13:57

Brent to drop the most on the weekly basis since February?

Yesterday oil prices managed to slightly rebound after a 3-day slide. Support came in the form of market expectations that the US may replenish its strategic reserves. Now Brent bulls are fighting hard to stay above yesterday’s close at ~83.50.