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Brent Oil - Brent oil stabilises near $72 as economic concerns weigh
SINGAPORE/MOSCOW (Reuters) - Brent oil stabilised near $72 per barrel on Monday after several weeks of decline, weighed down by concerns over slowing global economic growth but supported by an expecte...
Analysis: TTF Winter 18 natural gas/Brent crude oil 50-day correlation moves into the negative
London — The link between the key Dutch TTF Winter 18 natural gas contract and Brent crude oil has weakened dramatically in the past few weeks, with the 50-day correlation between the two turning nega...
Turkish oil prices are almost triple the level they were in 2008, when Brent hit $147.50
If there’s one chart aside from the lemming-like lira that illustrates the economic crunch facing Turkey, it’s the horror show you get when you convert the price of Brent crude into the Turkish curren...
Oil Technical Analysis: Brent on slippery ground after bear flag breakdown
Brent oil witnessed a bear flag breakdown - a bearish continuation pattern - on the hourly chart a couple of hours ago. Further, the failed attempt to retake the flag will likely strengthen the bear c...
Weekly Oil Storage Report - Brent Will Lead The Next Leg Higher
EIA reported a bearish oil storage report across the board. Crude storage dropped 1.351 million bbls, and our latest estimate is for crude storage to drop an additional 9 million bbls for the rest of ...