The Intercontinental Exchange said Feb. 26 that crude futures and swaps contracts listed up to June 2022 and referencing the S&P Global Platts Dated Brent assessment in its current form Continue Reading
Oil’s record start to 2021 was under pressure from a selloff in bond markets that spooked risky assets. While crude futures declined on Friday, global benchmark Brent has rallied to its best-ever Continue Reading
Oil climbed to the highest in more than a year amid optimism of swiftly depleting global oil inventories. Futures in New York closed 0.5% higher on Thursday. The oil futures curve Continue Reading
Oil price revisions started cautiously: some banks saw Brent crude averaging $65 a barrel this year, and others, of a bolder nature, predicted that the oil benchmark could climb to Continue Reading
Crude oil futures ticked higher during midmorning trade in Asia Feb. 25 as the market overlooked bearish data from the US Energy Information Administration to focus on optimism over declining Continue Reading
Oil extended gains from its highest close in more than a year on a slump in U.S. oil inventories and a broader lift to the reflation trade taking place across Continue Reading
Oil prices extended gains for a fourth session on Thursday to reach the highest levels in more than 13 months, underpinned by an assurance that U.S. interest rates will stay Continue Reading
While oil’s dizzying collapse is still fresh for many traders, rumblings are starting to emerge that by the end of next year prices could once again top $100 a barrel. Azerbaijan’s Continue Reading
Oil surged to the highest in more than a year as the market looks ahead toward an accelerating decline in global inventories and a comeback in demand. Futures in New Continue Reading
Oil prices climbed on Wednesday to fresh 13-month highs after U.S. government data showed a drop in crude output after a deep freeze disrupted production last week. U.S. crude oil Continue Reading
