US crude inventories
Brent climbs to 4-month high
icon
15 MAR clock 08:36

Brent climbs to 4-month high

Oil benchmarks have been lifted to their highest levels since November 2023, thanks to the IEA’s bullish forecast and the drawdown in US stockpiles.
Geopolitical tensions fuel Brent’s positive start to 2024
icon
05 JAN clock 10:03

Geopolitical tensions fuel Brent’s positive start to 2024

Brent is set to be kept rangebound between $70 and the low-$80s. Although rising geopolitical tensions are feeding into supply-side fears, which have helped support oil prices, its near-term gains are set to remain limited by the darkening global demand outlook.
WTI sinks into bear market!
icon
17 NOV clock 11:26

WTI sinks into bear market!

Following a large increase in US crude stockpiles, WTI-daily has fallen below the 200-SMA at 77.954.