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: was that just a dead-cat bounce?

April 28, 2017 5:29 PM
Crude oil prices recovered from sharp losses on Thursday, with Brent ending the day higher and WTI flat. Both oil contracts saw some follow-through in buying momentum earlier today. However, at the time of this writing, crude oil prices had given up their earlier gains and were back in the red. The lack of any real follow-through in buying pressure ...