$90.25
-3.41 (-3.64%)
At Close: Jun 03, 2026
OPEC+ Meeting
09:05am, Thursday, 09'th Apr 2020
OPEC+ are set to meet today, and optimism around cuts is growing, with the Russians saying that they would be willing to cut by 1.6MMbbls/d.
US Output Set To Plunge
09:18am, Wednesday, 08'th Apr 2020
US oil output is set to fall, although these declines reflect the market doing its job, rather than any potential mandated cuts.
WTI Pressure
09:27am, Tuesday, 07'th Apr 2020
Oil came under renewed pressure yesterday, with NYMEX WTI leading the way lower, settling almost 8% down on the day.
OPEC+ Meeting Pushed Back
09:28am, Monday, 06'th Apr 2020
It is set to be another volatile week for the oil market, with developments over the weekend raising doubts over whether a broader OPEC+ deal could be made.
Trump’s Hope For Output Cuts
10:04am, Friday, 03'rd Apr 2020
Oil markets got a boost higher yesterday, with ICE Brent settling 21% higher on the day, to close just shy of US$30/bbl.
Saudi Output Boost
10:10am, Thursday, 02'nd Apr 2020
The Saudis have already boosted production, with media reports suggesting that oil output in the Kingdom now exceeds 12MMbbls/d - just one day into the new quarter.
OPEC+ Supply Surge
08:49am, Wednesday, 01'st Apr 2020
It was a terrible quarter for the oil market with ICE Brent falling almost 66% over the first 3 months of the year.
Trump & Putin Talk
09:50am, Tuesday, 31'st Mar 2020
The downward pressure only continued yesterday with ICE Brent settling 8.7% lower and trading down to 18-year lows
Buy copper producers ahead of price rebound, UBS analyst says
02:39pm, Monday, 30'th Mar 2020
UBS recommends investors buy Americas copper producers, predicting one quarter of copper price weakness will be "followed by six quarters of strength."UBS analyst Andreas Bokkenheuser recommen
US Rig Count Slides
12:00pm, Monday, 30'th Mar 2020
Oil traded to new recent lows this morning, with ICE Brent hitting a low of US$23.03/bbl in early morning trading.
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