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Crude Oil Brent Mar '16 (CBH16)

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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, Nov 28th, 2020.
Latest price quotes as of [[ snapshotDate ]].
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Looking for expired contracts? Check out our Crude Oil Brent Historical Prices page.

Crude Oil Brent Futures Market News and Commentary

Crude Prices Settle Mixed as Iraq Voices Concern About Delaying Crude Output Cuts Ahead of Monday's OPEC+ Meeting

Jan WTI crude oil (CLF21) on Friday closed down -0.18 (-0.39%), Jan Brent crude oil (CBF21) closed up +0.38 (+0.79%), and Jan RBOB gasoline (RBF21) closed down -0.0050 (-0.39%).

The energy complex on Friday settled mixed. Brent crude on Friday moved higher on a weak dollar and signs of stronger energy demand in China. However, WTI crude and RBOB gasoline moved moderately lower Friday on concern that OPEC+ may not have the support to delay their scheduled crude production increases, which would mean increased oil production in January.

The dollar index on Friday dropped to a fresh 2-3/4 month low and supported crude oil prices. Also, signs that the economic recovery is gathering pace in China, the world's second-largest crude consumer, is another positive factor for crude prices after Friday's data showed China Oct industrial profits jumped +28.2% y/y, the largest increase in nearly nine years.

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