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Brent oil prices

Brent oil may fall more to $67.14
Markets

Brent oil may fall more to $67.14

  • In either case, oil is expected to retrace further over the next few days. Only a rise above $69.87 could confirm the continuation of the uptrend towards $71.38.
Published 06 May, 2021 11:58am
Forties oil work to drive drop in June Brent benchmark supply
Markets

Forties oil work to drive drop in June Brent benchmark supply

  • Forties is normally the largest or second-largest of the five crude grades that underpins Brent, loading as many as 15 cargoes in a month. The other four grades are Ekofisk, Oseberg, Troll and Brent itself.
  • "It's going to be a tiny programme," one of the sources said, adding that the Hound Point terminal where Forties cargoes load would be closed for most of June.
Published 29 Apr, 2021 05:41pm
Oil hits 13-month highs as market re-balances
Markets

Oil hits 13-month highs as market re-balances

  • Prices rally as producers rein in supply.
  • Brent, WTI hit highest levels since January 2020.
  • US stimulus hopes, tighter supplies support rally.
  • Possible strike could hit Norway's crude production.
Published 15 Feb, 2021 07:12pm