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Crude breaks four week winning streak ahead of oil inventories

January 17, 2018 6:59 PM
Following four consecutive weeks of gains, crude prices have turned lower this week as momentum-chasing oil speculators banked profit after both Brent and WTI contracts hit three-year highs.

Brent: has crude oil peaked?

January 12, 2018 10:55 AM
Oil prices have been driven higher by momentum in recent days and weeks as investors speculated about tighter market conditions amid the recent de-stocking of crude inventories, owing in part to reduced crude production from the OPEC and Russia.

Brent crude surges to a new 2017 high but soon could face slippery slope

December 11, 2017 6:34 PM
Crude oil prices are up for the third consecutive trading session with Brent hitting a new high for 2017 today.