Brent crude

Crude oil gushes higher on Russia, Saudi agreement

May 15, 2017 1:00 PM
The price of oil has surged higher at the start of the new trading week. This has helped to lift energy stocks and also underpin commodity currencies such as the Canadian dollar.

Crude oil remains downbeat

May 9, 2017 5:30 PM
Market participants in crude oil are continuing to shrug off persistent jawboning from oil ministers of some OPEC countries, most notably Saudi Arabia, about extending the production cuts into the second half of 2017, and possibly the first quarter of 2018.

Crude oil extends declines

May 4, 2017 5:25 PM
Crude oil prices have sharply extended their declines today. Brent was well below the $50 handle and was trading around $49 per barrel at the time of this writing, while WTI has dropped to $46 per barrel.