Brent Crude Oil

U.S. equities traded in mixed, directionless territory midday Tuesday as a fresh surge in crude oil prices stoked stagflation fears, widening the gap between energy and defensive winners on one side and technology stocks on the other. Iran and Israel continued to trade strikes through Tuesday...

A massive explosion was reported at the Valero Energy Corp.'s (NYSE:VLO) oil refinery in Port Arthur, Texas, on Monday. First Responders are currently at the refinery, working on controlling the fire, as per a report by KFDM. Shelter-In-Place Order Issued Sheriff Zena Stephens told KFDM that the...

Kevin O’Leary on Saturday said that investors are pricing in a quick resolution to tensions tied to the Strait of Hormuz, arguing the next month is the key window the market is watching. He warned that a longer disruption could hit global growth hard, with oil prices acting as the main...

Prominent cryptocurrency analyst and Bitget CEO Gracy Chen cautioned Monday that Bitcoin’s (CRYPTO: BTC) rebound to $74,000 should not be interpreted as the end of the bear market. ‘Not The Time To Go All-In’ Sharing her views in an X post, Chen said the ongoing bear market is not...

Leading cryptocurrencies rose alongside stock futures on Sunday as President Donald Trump pressed for a coordinated effort to keep oil exports from the Strait of Hormuz running. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:30 p.m. ET) Bitcoin (CRYPTO: BTC) +2.42% $72,664.81...

Anthony Scaramucci, the founder of SkyBridge Capital, expects crude oil prices to reverse their massive spikes, predicting that the global market will stabilize once current supply chain anxieties subside. He also highlights that the Wall Street veterans know how to play on the current volatility...

Leading cryptocurrencies traded flat, while stocks fell further on Wednesday as President Donald Trump authorized tapping the strategic reserve to lower oil prices. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:15 p.m. ET) Bitcoin (CRYPTO: BTC) -0.22% $69,912.33 Ethereum (CRYPTO:...

Leading cryptocurrencies recovered on Tuesday, while stocks and commodities remained volatile amid the ongoing Middle East war. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:30 p.m. ET) Bitcoin (CRYPTO: BTC) +1.59% $70,050.52 Ethereum (CRYPTO: ETH)     ...

By RoboForex Analytical Department Brent crude oil prices have shown resilience, hovering just below the $83.00 mark per barrel as of Monday, reaching a notable two-week peak. This current pricing reflects the interplay of various market factors, most notably the slight weakening of the US dollar...

By RoboForex Analytical Department For the last month and a half, the crude oil market has been under a constant stress. Sentiment changes mostly because of the supply and demand forecasts. A Brent barrel price dropped to 75.65 USD yesterday. The decline was triggered by the decision of...

Global oil prices fell on Monday after COP28 president Sultan Al Jaber hit back at criticisms of comments he made before the climate summit about scientific evidence of the need to phase down the use of fossil fuels. In an online event in November, Al Jaber had reportedly remarked there was “...

By RoboForex Analytical Department As expected, energy carrier prices saw a decline last Friday, marking the end of both the month and the quarter. This morning, Brent crude hovers around 92.44 USD per barrel. Over Q3, crude oil prices surged by 23%, driven by reduced supply from Saudi...

By RoboForex Analytical Department The price of Brent crude oil is showing positive momentum, stabilizing at approximately $88.57 per barrel as of Monday. The market sentiment is predominantly bullish. This upward trend is supported by encouraging economic data from both China and the United States...

By RoboForex Analytical Department Crude oil prices have paused in their rally. Brent quotes on Monday dropped to 79.20 USD per barrel. One of the reasons for this local decline might be the market decision to lock in a part of the profit after the steady growth earlier. This version is also...

By RoboForex Analytical Department The price of Brent crude oil commenced the new week in June with a marginal decline, reaching $75.70 per barrel. Investor uncertainty regarding the expansion of energy demand remains a significant factor restricting the potential for price increases in the "...