Tags : brent crude oil

Breaking News

Market Overview: What is moving the markets?

The first quarter (Q1) of 2022 has proved to be a historical start to the year in particular for some markets such as nickel and wheat trade. Much of the price action was initially driven by inflation concerns as global economies began to open more after Covid-19 forced lockdowns. Read more.

Breaking News

Oil gains despite release of reserves

Brent Crude Oil and WTI were both trading steady on Wednesday after a release of oil reserves did not cause a dip in price as expected. Instead, Oil actually gained on Tuesday with a sharp bounce. At the time of writing (12:00 pm) Brent Crude was trading at levels around $81 and WTI was trading at around $78. Read more.

Breaking News

Brent NOK Technical Analysis

Such a movement would indicate that oil is getting cheaper and the Norwegian krone is strengthening. The decline in Brent quotes is caused by an increase in the number of new cases of Covid-19 in Europe and, in particular, in Germany, Britain and Austria. Read more.