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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 Sun, Feb 28th, 2021.
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

Energy Prices Close Lower on Dollar Strength, Reduced U.S. Gasoline Demand, and an Increase in U.S. Oil Rigs

Apr WTI crude oil (CLJ21) on Friday closed down -2.03 (-3.20%), and Apr RBOB gasoline (RBJ21) closed down -2.59 (-1.31%).

Crude oil and gasoline prices on Friday retreated after the dollar index rose to a 1-week high. Also, weakness in stocks on Friday reduced confidence in the economic outlook and energy demand and was bearish for crude prices. In addition, weak U.S. gasoline demand undercut gasoline and crude oil prices. Losses in crude oil accelerated Friday afternoon when weekly data from Baker Hughes showed that active U.S. oil rigs rose to a 9-3/4 month high.

Friday's global economic data was mostly positive for energy demand and crude prices. U.S. Jan personal spending rose +2.4% m/m, the biggest increase in 7 months and close to expectations of +2.5% m/m. Also, the University of Michigan U.S. Feb consumer sentiment index was revised upward by +0.6 to 76.8, stronger than expectations of 76.5. In addition, Japan Jan industrial production rose +... Read more

  • Natural gas Weekly Forecast

    An uptrend will start as soon, as the market rises above resistance level 2.900, which will be followed by moving up to resistance level 3.400

  • Crude oil Weekly Forecast

    The uptrend may be expected to continue, while market is trading above support level 60.67, which will be followed by reaching resistance level 64 and...

  • Crude, Gold, Silver - Blue Line Morning Express

    Crude, Gold, Silver, and more . . .

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