Brent Slides On Libyan Port Reopening
Brent crude oil (BNO, quote) suffered its largest loss in almost a month, bringing it down near $108.
Russia
Brent Supported By Uncertainty In Ukraine
Brent crude oil (BNO, quote) approached $110 on Friday morning and traded at $109.99 at 8:00 GMT as investors kept a close eye on Ukraine where the conflict between government forces and pro-Russia separatists escalated.
Brent Steady As Investors See A Silver Lining In Lackluster Chinese Data
Brent crude oil (BNO, quote) was steady above $109 as investors kept a close eye on the developing situation in Ukraine and breathed a sigh of relief following in-line Chinese data.
Crude Oil Playbook
WTI Crude Oil (USO, quote) prices moved slightly higher during overnight trading in Asia. Volume remains light as we approach the U.S. first trading of the week with New Zealand and Australia closed for holiday.
Brent Higher As Diplomacy In Ukraine Looking Less Likely
Brent crude oil (BNO, quote) ticked up on Thursday morning as rising tension in Ukraine increased worries about supply interruptions. The commodity traded at $109.72 at 8:25 GMT as peace talks in Geneva began to look less and less worthwhile.
Escalation In Ukraine Pushes Brent Toward $108
Brent crude oil (BNO, quote) ticked up as tension in Ukraine grew. The commodity traded at $107.50 at 6:20 GMT after reports that pro-Russian groups had seized government buildings in several eastern Ukrainian cities.
Brent Under Pressure As Supply Increases Weigh
Brent crude oil fell below $106 to start the week as the Libyan government neared a deal with rebels to reopen several of its largest oilfields. The commodity traded at $105.83 at 6:15 GMT on Monday morning as investors braced for an influx of supply.
Crude Oil Rockets on Crimea
Energy bulls are clearly in control this morning especially crude oil bulls. Brent crude (BNO, quote) continues its climb breaking through the $107 level.
Geopolitical Tension Keeps Brent Above $106
Brent crude oil (BNO, quote) slid lower on Tuesday after PMI data added to worries about a waning global demand outlook. The commodity traded at 106.63 at 5:20 GMT as the confrontation between the West and Russia helped keep a floor under prices.
China’s Weak Data Outweighs Concern Over Ukraine, Brent Slides
Brent crude oil (BNO, quote) traded at $108.29 at 5:45 GMT on Wednesday morning as worries about slipping global demand outweighed concern about the situation in Ukraine.