Brent
Brent climbs to 4-month high
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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.
BRN edges higher towards it's 2024 high ($84.14/bbl)
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08 MAR clock 10:50

BRN edges higher towards it's 2024 high ($84.14/bbl)

Oil prices continue to rise amid the markets anticipation of the itnerest rate cuts following the Fed's chair Jerome Powell's speech in Congress.
Brent reaches week's high (~$83/bbl) amid netural US PCE reading
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01 MAR clock 13:54

Brent reaches week's high (~$83/bbl) amid netural US PCE reading

Brent crude briefly dipped below its 200-period Simple Moving Average (SMA) of $81.913 on Thursday, March 29th, before rebounding to $83 per barrel following the release of the US Personal Consumption Expenditures (PCE) data.
BRN is under pressure, moving towards 100-period SMA
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23 FEB clock 14:46

BRN is under pressure, moving towards 100-period SMA

Oil prices have ticked lower following the release of FOMC minutes, indicating a potential delay in the rate cuts.
BRN moves below 100-period SMA amid demand concerns
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16 FEB clock 13:04

BRN moves below 100-period SMA amid demand concerns

Oil has moved below 100-period SMA (~81.654) following the International Energy Administration’s (IEA) decision to downgrade its oil demand outlook for this year.