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Crude Oil Brent Dec '21 (CBZ21)

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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 Mon, Dec 6th, 2021.
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 Surges on Optimism About Global Energy Demand

January WTI crude oil (CLF22) on Monday closed up +3.23 (+4.87%), and January RBOB gasoline (RBF22) closed up +9.04 (+4.63%).

WTI crude oil and RBOB gasoline prices on Monday settled sharply higher as an easing of omicron Covid variant concerns boosted optimism about global energy demand.  Crude prices also rallied Monday after Saudi Arabia increased the price of its crude oil to U.S. and Asian customers, a sign of strong energy demand.

Crude oil prices on Monday pushed sharply higher today as concerns about the omicron variant eases, which reduces concern about the variant on global energy demand.  The most recent data from South Africa, the epicenter of the omicron variant, shows that there has not been a surge in deaths or hospitalizations from the variant.  

Saudi Aramco on Sunday raised the price for its Arab Light crude by +60 cents/bbl for January delivery to its U.S. and Asian customers, the most expensive since the pandemic struck in Feb 2020.

Anothe... Read more

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