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
Brent bulls raring to return above $80/bbl
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22 DEC clock 12:21

Brent bulls raring to return above $80/bbl

The global oil benchmark is now teasing a psychologically-important level, having climbed in the wake of the Red Sea attacks and the Fed's policy pivot. Today's US PCE Deflator data release may well determine whether Brent spends Christmas above or below $80/bbl.
Brent Oil inflation OPEC+ Federal Reserve
Dovish Fed set to help BRN end 7-week losing streak
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15 DEC clock 15:56

Dovish Fed set to help BRN end 7-week losing streak

Oil bulls have managed to regain an upward momentum amid Fed pivot hopes.
Oil Crude Brent
BRN is trying to recover, moving away from $74/bbl
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08 DEC clock 10:30

BRN is trying to recover, moving away from $74/bbl

BRN is trying to rebound away from $74/bbl after a ~10.15% drop in price amid market skepticism on whether the OPEC+ production cuts will be fully implemented.
Oil Crude Brent OPEC+ OPEC