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Brent Breaks $70 for First Time Since COVID-19 Pandemic Began
2021-03-08 11:30:00| OGI
Brent crude futures for May hit $71.38/bbl in early Asian trade, the highest since Jan. 8, 2020. The front-month WTI price touched $67.98/bbl earlier, the highest since October 2018.
Trafigura: US Hub Can Help Brent Crude Reform
2021-03-05 17:22:14| OGI
Plan would allow Platts to include US crude in its benchmark.
Brent, WTI Crude Oil Prices on Track for Weekly Gains
2021-02-12 20:20:00| OGI
WTI crude oil in the U.S. was on track for a weekly gain of about 5% while Brent was set for a 5.7% rise on the week due to hopes a U.S. stimulus will boost the economy and fuel demand.
Brent Hits $60 as Supply Cuts, Stimulus Hopes Boost Prices
2021-02-08 15:52:30| OGI
WTI also hits its highest level since January 2020, prior to the pandemic.
Brent Crude Nears $60 as OPEC+ Cuts Tighten Oil Market
2021-02-05 22:00:00| OGI
The oil market is on a bull run, despite renewed lockdowns in Europe and Asia to curb second and third waves of the virus.