Brent crude oil, natural gas and wheat prices all rise
Brent crude oil, natural gas and wheat prices all rise on supply concerns.
Crude oil sizzles on US Fed rate cut: Brent nears $74 with six-day rise, WTI stages recovery on demand optimism
Oil prices extended their recent recovery rally and rose more than 1% on Thursday as a large cut in U.S. interest rates and declining global stockpiles helped offset some of the demand concerns arising from weak consumption in China.
Crude oil prices today: WTI is trading at $70.98
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors related to U.S. and international supply and demand conditions. For example, the Brent/WTI spread hit nearly $14/bbl in April 2011 when protests sparked market fears of significant oil supply disruptions in the Middle East.
Oil ends more than 1% higher on US rate cut, declining crude stockpiles
Oil prices extended their recent recovery rally and rose more than 1% on Thursday as a large cut in U.S. interest rates and declining global stockpiles helped offset some of the demand concerns arising from weak consumption in China.
Fed Rate Cut: 2 Growth Stocks to Buy Right Now
The Federal Reserve slashed the federal funds rate by 50 basis points last week, and there could be further cuts before the end of 2024. Companies tied to the real estate sector in addition to those sensitive to consumer spending could benefit.
ig.com10d
Brent crude oil price plunges to November 2021 lows on demand worries
Brent crude oil price plunges to November 2021 lows on demand worries but supply concerns due to a hurricane hitting the US ...
Brent Crude - Oil Slides Below $70 A Barrel, First Time Since December 2021
Brent crude oil prices dropped below $70 a barrel, the lowest since December 2021. OPEC+ downgraded 2024 oil demand growth ...
Brent crude crashes 25% YTD on soft demand: Should you buy OMC stocks? D-Street experts pick ONGC, Oil India
Brent crude crashed to a three-year low last week. Ahead of the US Federal Reserve policy decision, crude oil is teetering on ...
Morgan Stanley cuts Brent crude price view as market signals demand softness
Morgan Stanley on Monday cut its Brent crude oil forecasts for coming quarters and said the global oil market is facing a ...
Brent Crude Oil should surpass $80/bbl, bearish sentiment is ‘overdone’ - UBS
UBS analysts believe concerns about hurricane disruptions should not discourage investors on crude oil. Brent Crude Oil ...
USA Today3d
Crude oil prices today: WTI is down 1.18%, Brent Crude is up 0.47%
WTI crude fell to its 52-week low of $64.78 per barrel on Sep. 10, 2024. It reached its 52-week high of $95.52 on Sep. 27, 2023. That’s 27.27% higher than the current futures price. Brent futures ...
Crude Check: Exhibits bullish signs
Crude oil prices rose last week, with Brent crude futures gaining 4.3% to close at $74.7 per barrel, while MCX crude oil ...
Brent crude prices hover near 3-year low: 5 reasons why oil's market value is falling globally
From forecast by Opec+ and expectations of softened demand in US, China, and Asia, to progress on the Gaza ceasefire deal, ...
Oil trades 1% lower after mixed storage data ahead of US Fed verdict; Brent crude at $73, faces resistance $75/bbl
Oil prices fell on Wednesday as the market cautiously awaited a rate cut announcement from the Federal Reserve, while ...