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Crude Oil Brent Apr '20 (CBJ20)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [ICE/EU]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ rootItem.symbol ]]underlying price [[ rootItem.lastPrice ]] [[ rootItem.priceChange ]] ([[ rootItem.percentChange ]]) [[ rootItem.tradeTime ]]
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 Tue, Mar 5th, 2024.
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 Retreat as OPEC Boosts Crude Output

April WTI crude oil (CLJ24) on Monday closed down -1.23 (-1.54%), and Apr RBOB gasoline (RBJ24) closed down -2.87 (-1.10%).

Crude oil and gasoline prices posted moderate losses on Monday.  An increase in OPEC crude production is bearish for oil prices.  Also, doubts about OPEC+ compliance with its crude production cuts are bearish for oil prices.  Ongoing geopolitical risks in the Middle East are a supportive factor for crude oil.  

OPEC Feb crude production rose +110,000 bpd to 26.680 million bpd, a bearish factor for oil prices as Iraq and UAE continue to pump above their production quotas.

A recovery in Russian crude refining from Ukranian drone attacks is negative for prices.  Bloomberg calculations show Russia processed 5.44 million bpd of crude during the Feb 15-28 period, more than +4% above levels in the first half of February.  Several Russian oil processing and storage facilities have been targeted and damaged by Ukrainian drone attacks but have been repa... Read more

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