Brent
BRN hovers above 200-period SMA ahead of US PCE
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26 JAN clock 13:48

BRN hovers above 200-period SMA ahead of US PCE

Oil prices have experienced a strong upward momentum amid high expectations of rate cuts and other bullish catalysts.
Crude Oil Oil Brent PCE
BRN reaches above the 50-period SMA
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19 JAN clock 13:32

BRN reaches above the 50-period SMA

Oil prices see an uptick amid the geopolitical tensions and US’ decrease in production amid the severe weather conditions.
Oil Crude Brent Middle East
BRN surges above $80 amid the escalation in Yemen
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12 JAN clock 14:26

BRN surges above $80 amid the escalation in Yemen

Oil bulls try to keep up the momentum as geopolitical tensions shift the market conditions in their favor
Crude Oil Crude Brent
Geopolitical tensions fuel Brent’s positive start to 2024
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05 JAN clock 10:03

Geopolitical tensions fuel Brent’s positive start to 2024

Brent is set to be kept rangebound between $70 and the low-$80s. Although rising geopolitical tensions are feeding into supply-side fears, which have helped support oil prices, its near-term gains are set to remain limited by the darkening global demand outlook.
Brent Oil US crude inventories geopolitical risks Middle East
Brent set for first yearly drop in 3 years
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28 DEC clock 14:48

Brent set for first yearly drop in 3 years

The global oil benchmark has been unable to keep its head above the psychologically-important $80/bbl line, for now. Stronger support may arrive as trading volumes are restored in the new year, provided the US dollar keeps moving lower on hopes for Fed rate cuts in 2024.
Brent Oil Middle East Israel-Hamas war