BRN
20 DEC
12:24
Brent Dips Below $72 as US dollar strengthens
Brent crude fell below $72 per barrel, pressured by a strong US dollar and weakening demand from China. Despite support from US inventory draws and OPEC+ actions, the market faces challenges from rising non-OPEC output and muted global demand.
13 DEC
15:18
Brent hits $74, reaching a three-week high!
Brent crude climbed above $74 per barrel, reaching a three-week high with optimism about rising demand from China's economic recovery and supply risks due to sanctions on Iran and Russia. Despite bullish demand signals, non-OPEC+ supply is projected to outpace demand growth in 2025.