USCommodity Brent Oil Fund LP ETF News

Oilprice Alert: InnerCircle members will receive the next private placement intelligence letter on Wednesday next week. Tap into a secret world of wealth and receive our 50-page whitepaper on Private Placements for free by signing up today.Chart of the Week- The price spread between spot Brent assessments such as Dated Brent and the exchange-traded ICE Brent rose to an all-time high of $5 per barrel amid ongoing geopolitical concerns. - ICE Brent backwardation, too, is mirroring the unprecedented tightness in oil markets right now, with the…

LONDON, Feb 15 (Reuters) - North Sea benchmark crude differentials stayed at record highs on Tuesday after no activity as the market absorbed a more than $3 per barrel drop in Brent futures LCOc1 . * Glencore''s GLEN.L traded oil volumes fell to…

Prices of crude oil rose by over 1.5% in overnight trade on Sunday, with Brent crude reaching another seven-year high after already breaking $95 per barrel on Friday on prospects of Ukraine invasion. …

Highlights Crude oil prices rose on Monday. The comments from the US about a forthcoming attack by Russia on Ukraine have shocked the worldwide financial market. A significant drop in the US crude inventories has also added pressure on the supply side. Crude oil prices surged to seven-year highs on Monday on worries that a possible invasion of Ukraine by Russia could trigger US and Europe sanctions on Russia, disrupting the energy exports from the worlds top producer. Must Read: Crude oil rises on falling US crude inventories April delivery Brent Crude oil futures last traded at US$95.37 per barrel down 0.34%, whereas March delivery WTI crude oil futures traded 1.33% down at US$94.34 per barrel as of 14 February 2022 at 12:41 PM AEDT. US comments on Russia-Ukraine war The comments from the US about a forthcoming attack by Russia on Ukraine have shocked the worldwide financial market. There is a huge possibility that Russia could invade Ukraine anytime, creating a surprise pretext for an attack.

Brent crude futures was at $95.56 a barrel by 0235 GMT, up $1.12, or 1.2 per cent, after earlier hitting a peak of $96.16, the highest since October 2014

* For more technical analyses, click TECH/C SINGAPORE, Feb 14 (Reuters) - Brent oil LCOc1 may break a resistance at $95.90 per barrel, and rise into $96.84-$97.85 range. The strong surge on Feb. 14 confirmed the continuation of the uptrend from $69.24.

As Brent crude trades for $94.44, up 1.25% in week ended The black liquid rallied 3% on Friday to trade at a price point not traded in seven years as escalating fears of an invasion of Ukraine by Russia, a top energy producer, added to concerns over tight global crude supplies. According to the White House, [] The post Despite Russia, Ukraine tussle, oil rallies for 8th consecutive week appeared first on Nigeriannewsdirectcom .

* Brent up 1.4%, WTI gains 1.6% by 0109 GMT * U.S. drillers add most oil rigs in a week since Feb 2018 -Baker Hughes By Florence Tan SINGAPORE, Feb 14 (Reuters) - Oil prices rose on Monday, climbing towards their highest levels in more than seven years

US President Joe Biden ordered all US citizens to leave Ukraine Feb. 11 on warnings a Russian invasion could begin at any time, pushing crude price benchmarks closer to $100/b. Benchmark Dated Brent crude was assessed by S&P Global Platts at $97.835/b, up 41 cents, while WTI MEH was assessed up $3.22 at $94.50/b. Top US officials led by Secretary

Later on, Brent futures continued growing to $95.4 a barrel

Brent reversed from support zone Likely to rise to resistance level 93.35 Brent recently reversed up from the support area located between the key support level 90.00 (former resistance from January), 38.2% Fibonacci correction of the upward impulse (i) from January and the support trendline of the daily up channel from December. The [] The post Brent Wave Analysis 11 February, 2022 appeared first on All About Forex World .

West Texas Intermediate (WTI) crude futures rose by 5.03% to $94.40 per barrel, while Brent crude futures jumped 4.23% to $95.28 per barrel at 11:10 pm GST Friday.

International benchmark Brent crude futures surpassed $95 for the first time in over seven years after NBC News reported that Russian President Vladimir Putin made the decision to "invade" U

International benchmark Brent crude futures surpassed $95 for the first time in over seven years after NBC News reported that Russian President Vladimir Putin made the decision to "invade" U

Brent crude futures rose 39 cents to $91.80 a barrel at 1015 GMT, while U.S. West Texas Intermediate crude gained 45 cents to $90.33