US Brent Oil (NY: BNO )
18.52 USD +0.05 (+0.27%) Official Closing Price Updated: 8:00 PM EDT, Jun 11, 2021 Add to My Watchlist
All news about US Brent Oil
End Of Day Financial Video For June 11
Today 0:19 EDT
Oil Prices Drop on Gas Stockpiles Surge and Low Demand
June 10, 2021
Oil prices fell yesterday due to a surge in gasoline inventories coupled with relatively insufficient demand, giving up part of the previous session's gains.
Market Briefing For Thursday, Jun. 10
June 10, 2021
Transitory or enduring is the great debate about inflation, but realistically it's not entirely dependent on tomorrow's CPI number, aside the initial reaction that will be explained away by either bull...
Without Yield Support, The Dollar Wilts
June 09, 2021
Falling US yields weigh on the US dollar. The 10-year Treasury yield is flirting with the 1.50% mark, and the greenback is trading heavily against all the major and most emerging market currencies.
WTI crude oil trades at $70 for the first time in 32 months. USD/CAD looks to BoC for fresh direction.
Crude oil trades just shy of $70, a level it has not surpassed since late 2018. Strong economic data and continued economic reopenings may help drive demand and price gains.
Last week was a seminal one for the commodity and as such we can expect to see the bullish trend pick up momentum and take the price of WTI firmly through the $70 per barrel level.
Crude oil prices pulled back slightly during the Asia-Pacific mid-day session, pausing a five-day winning streak as profit-taking kicked in. WTI is hovering below a psychological resistance level at...
Approaching An Intermediate Peak
June 06, 2021
SPX is on its way to an intermediate top, which could arrive after a few short weeks. We should look for it after the short-term cycle has made its low and after the index has reached the vicinity of...
Futures Coiled Ahead Of Closely Watched Jobs Report
June 04, 2021
US stock index futures fluctuated listlessly in a narrow range on Friday as investors braced for a crucial report that is likely to show jobs growth accelerated last month, possibly fanning fears over...
The recent rally in the price of oil removes the threat of a double-top formation as it clears the March high, and crude may approach the 2018 high as recent data prints coming out of the US instill an...
WTI Extends Gains After Sizable Crude Inventory Draw, Shrugs Off Unexpected Product Builds
June 03, 2021
Oil prices are holding gains, with WTI around $69, after last night's bigger than expected crude draw reported by API, helped by signs of demand rebounding in the US (PMI/ISM) offsetting China...
GBP/USD moves lower with services PMI and US ADP data in focus. WTI crude oil is on the rise after OPEC announcement yesterday and with EIA data coming up.
From a technical perspective, it has been the resistance at $66 per barrel which has proved to be the stumbling block for oil since March.
WTI Crude Oil Forecast: Market Presses Top of Triangle
June 01, 2021
OPEC+ is meeting during the trading session on Tuesday, so you can expect a lot of noise coming out of the headlines. Dips should continue to offer buying opportunities for those who are patient enough...
With US markets closed for Memorial Day, Emini futures traded virtually at 4,200 amid light volumes as world stocks were firmly on track to post a fourth straight month of gains on Monday.
May 30, 2021
At the daily level, SPX is showing the deceleration pattern which precedes a minor top. During the past two days, the index crawled to a fractional new high, but each day it failed to retain its daily...
The West Texas Intermediate Crude Oil market fluctuated during the trading session on Wednesday. If we can break above the $67.50 level, it is likely that this market will go much higher, perhaps...
The price of oil bounced back from the session low following a larger-than-expected decline in US inventories.
WTI slipped back below $66 this morning as investors weighed signs of an improving demand outlook in some regions against the prospect of more crude supply flowing from Iran.
Tags Market News
RBNZ Joins The Queue, While Yuan's Advance Continues
May 26, 2021
The decline in US rates and the doves at the ECB pushing back against the need to reduce bond purchases next month have seen European bond yields unwind most of this month's gain.
Oil Rebounds As Iran Nuclear Deal Talks Hit A Snag
May 24, 2021
Offsetting some of the tension, on Monday morning a one-month extension to the monitoring agreement has been announced.
FTSE looks set to head higher in a quiet session, with minimal news flow over the weekend and a quiet economic & earnings calendar. WTI crude oil is paring some of last week's losses as the revival of...
With Brent crude futures testing $70/bbl, oil bulls were given an unpleasant reminder that sentiment can change sharply without warning. The primary reason for the weakness is the likelihood that...
Crude oil prices are extending lower as expected after clearing support at 63.53. Sellers now look poised to challenge 60.61.
Ira Epstein reviews the day's trading in the Financial markets for the trading day just ended, Wednesday, May 19.
The price of oil appears to have established a double-top formation following the failed attempt to test the March high as it snaps the opening range for May.
Ira Epstein reviews the day's trading in the Financial markets for the trading day just ended, Monday, May 17.