Tag: Brent Crude Oil Continuous Contract

Crude prices fall after Saudi Arabia cuts Asian prices

Oil prices came under renewed pressure on Monday, after Saudi Arabia cut prices for its Asian customers and demand worries lingered following last week’s weaker-than-expected...

U.S. oil prices finish with a slight gain as OPEC+ keeps plan to boost output in place

U.S. oil futures on Wednesday finished with a slight gain, but global prices posted a modest loss, after major oil producers made no changes to...

Oil slumps on OPEC compromise expectations, COVID variant concerns

Oil futures fell Thursday, extending a slump that began in the previous session after data showed a rise in U.S. fuel supplies and after reports...

Oil extends bounce but remains on track for weekly loss

Oil futures rose sharply Friday, extending a bounce from the previous session triggered by a sharp fall in U.S. crude and gasoline inventories, but remain...

OPEC+ calls off output talks again Monday, leading crude oil prices to surge

Oil prices rose on Monday, driven higher after the OPEC+ group of producers again called off talks on output levels, failing in its third attempt...

What’s next for oil prices as OPEC+ deadlocks, with more talks set for Monday

Never underestimate OPEC’s reserves of last-minute drama. The Organization of the Petroleum Exporting Countries and its allies, including Russia, had appeared on track Thursday to...

Oil prices mixed even as China data points to strong rebound for demand

Oil futures were trying for a fifth straight gain Friday but were presently seeing lackluster trade as investors weighed a strong economic report from China...

Oil prices fall as U.S. data show hefty rise in gasoline supplies

Oil prices headed lower on Wednesday, with gasoline futures leading the losses in the sector as traders parsed U.S. government data showing a more-than-3-million-barrel decline...

Oil prices move up as traders eye signs of improving energy demand

Oil futures moved up on Tuesday, shaking off earlier weakness, as signs of improving energy demand put global benchmark prices on track to tally an...

Oil ends higher as dollar sees renewed weakness

Oil futures ended higher Tuesday, with Brent crude resuming a push to the upside as a bounce by the U.S. dollar appeared to lose steam....

Oil prices on track for 7th straight weekly rise

Oil futures were little changed Friday, but remained on track for a seventh straight weekly rise as traders remained optimistic about vaccine rollouts and prospects...

Oil prices end higher as OPEC+ agrees to a gradual increase in output for 2021

Oil futures ended higher Thursday, even though major producers agreed to a gradual increase in crude production starting in January, defying earlier expectations for an...

Oil prices fall as OPEC+ debates expansion of output cuts

Oil futures fell Monday, under pressure as the Organization of the Petroleum Exporting Countries and its allies debate the fate of existing output curbs in...

Oil prices rise, brushing off unclear U.S. presidential election outcome

Storage in focus. Johannes Eisele/Agence France-Presse/Getty Images Oil futures rose Wednesday, brushing off an unclear outcome in the U.S. presidential election as investors focus on...