Brent crude

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Crude oil relinquishes big chunk of weekly gains

April 26, 2019 6:52 AM
WTI is down for the third consecutive day, while Brent is down for the second day. Prices were barely hanging onto their now small weekly gains at the time of writing. Prior to this week, Brent had risen for five and WTI for eight consecutive weeks.

Crude: Fresh 2019 highs for Brent and WTI amid OPEC cuts

April 1, 2019 12:04 PM
OPEC’s ongoing production cuts are continuing to help tighten the world oil market. This is helping to offset global economic concerns, which have actually not had any significant impact on crude prices yet as they did from time to time on bonds, stocks and copper prices.

Brent crude nears $70 on OPEC

March 18, 2019 2:13 PM
Ongoing productions cuts from the OPEC and some allies outside of the cartel continue to support oil prices