There are different types of crude oil. The most important type of crude oil used in Europe is Brent Crude, named after the North Sea oilfield where it is extracted. Brent Crude is a ...
From the technical point of view, WTI oil needs to stay above the support at $77.00 – $77.50 to have a chance to gain additional upside momentum in the near term. Brentoil did not manage to ...
If WTI oil stays below the $75.00 level, it will move towards the nearest support level at $73.00 – $73.50. Brentoil is losing ground as traders focus on Trump’s words. The EIA report ...
0331 GMT — The near-term prices of Brent crude oil falling between $78 and $83/bbl appear to be a “relatively comfortable range,” writes OCBC Asean economist Jonathan Ng in a note. Crude oil ...