Archive for Tag: Brent Crude Oil futures

Brent Crude

EU leaders tackle escape route from Russian fossil fuels

Brent Crude was trading  up  3.64%  at  $114.98 European Union leaders will tackle ways to wean themselves off Russian fossil fuels on Thursday and debate how quickly to do so, with countries split over whether to sanction oil and gas imports as Moscow wages war in Ukraine. Russia’s invasion of Ukraine...

Read More
Brent Crude

Spotlight falls on natural gas amid energy transition debate – and geopolitics

Brent Crude was trading up 2.04%at $126.62 On the third day of the world’s biggest energy conference, the spotlight will pick out natural gas amid debate on its role in the transition to cleaner energy – and its status as a Russian export key to Europe’s power generation needs....

Read More
Brent crude futures

Oil rises as fears of Russian oil sanctions spur supply concerns

Brent Crude was trading up 2.04%at $126.62 Oil prices rose on Tuesday, with Brent surging past $126 a barrel, as fears of formal sanctions against Russian oil and fuel exports spurred concerns about supply availability. Benchmark Brent crude futures for May climbed $3.07, or 2.49%, to $126.28 a barrel...

Read More
BRENT CRUDE WEEKLY SCENARIO

BRENT CRUDE WEEKLY SCENARIO – 01 March 2022

BRENT CRUDE Price Technical Analysis: Weekly Chart In the weekly charts, Brent Crude is trading in an upward channel. Brent Crude  is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level. Brent Crude will follow an uptrend in...

Read More
Brent crude

Oil soars as Russian energy supply fears intensify

Brent Crude was trading up 4.84%at $98.75 Oil prices jumped on Monday as Western allies imposed more sanctions on Russia and blocked some Russian banks from a global payments system, which could cause severe disruption to its oil exports. Brent crude rose $4.82, or 4.9%, to $102.75 by 1028...

Read More
Brent Crude Oil Weekly Technical Analysis

Brent Crude Oil Weekly Technical Analysis – 23 February 2022

BRENT CRUDE OIL Price Technical Analysis: Weekly Chart In the weekly charts , Brent Crude Oil is trading in an upward channel. Brent Crude Oil is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level. Brent Crude Oil...

Read More
Brent Crude oil

Oil falls, caught between Iran talks and Ukraine crisis

BRENT CRUDE OIL was trading down 2.00%at $92.90 Oil prices fell on Thursday as talks to resurrect a nuclear deal with Iran entered their final stages, but losses were capped by heightened tensions between top energy exporter Russia and the West over Ukraine. Brent Crude traded down $1.26, or...

Read More
Technical Analysis

BRENT CRUDE OIL: WEEKLY SCENARIO – 14 February 2022

BRENT CRUDE OIL Price Technical Analysis: Weekly Chart In the weekly charts , Brent Crude Oil is trading in an upward channel. Brent Crude Oil is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level. Brent Crude Oil...

Read More
Technical Analysis

BRENT CRUDE: WEEKLY SCENARIO – 10 February 2022

BRENT CRUDE Price Technical Analysis: Weekly Chart In the weekly charts , Brent Crude is trading in an upward channel. Brent Crude is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level. Brent Crude will follow an uptrend...

Read More
Brent crude

Oil slips from 7-year high ahead of more U.S.-Iran talks

Brent Oil was trading down 2.05%  at  $90.79. Oil slipped to around $92 a barrel on Tuesday ahead of the resumption of indirect talks between the United States and Iran, which may revive a nuclear agreement that could eventually allow more oil exports from the OPEC producer. A deal could...

Read More