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Crude Oil Brent Feb '21 (CBG21)

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Crude Oil Brent Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Crude Oil Brent prices and Crude Oil Brent futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Sat, Jun 15th, 2024.
Latest price quotes as of [[ snapshotDate ]].
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
Looking for expired contracts? Check out our Crude Oil Brent Historical Prices page.

Crude Oil Brent Futures Market News and Commentary

Crude Prices Close Slightly Lower on Dollar Strength and Weak Economic News

July WTI crude oil (CLN24) on Friday closed down -0.17 (-0.22%), and July RBOB gasoline (RBN24) closed down -1.60 (-0.56%).

Crude oil and gasoline prices Friday posted modest losses.  Friday's rally in the dollar index (DXY00) to a 6-week high undercut energy prices.  Also, Friday's weaker-than-expected global economic news was bearish for energy demand and oil prices.  Losses in crude were limited on positive carryover from Thursday when Russia vowed to cut back its crude production.  

Weakness in Friday's global economic news was bearish for energy demand and oil prices.  The University of Michigan US Jun consumer sentiment index unexpectedly fell -2.5 to a 7-month low of 65.6, weaker than expectations of an increase to 72.0.  Also, Japan's Apr industrial production was revised downward by -0.8 to -0.9% m/m from the previously reported -0.1% m/m.

Crude has support after Russia's Energy Ministry pledged Thursday to cut daily crude production this month by 971,000... Read more

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