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Crude Oil Brent F Aug '20 (QAQ20)

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Crude Oil Brent (F) Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Crude Oil Brent (F) prices and Crude Oil Brent (F) futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Tue, Jun 15th, 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 (F) Historical Prices page.

Crude Oil Brent (F) Futures Market News and Commentary

Crude Rallies to a Fresh 2-1/2 Year High on the Outlook for Global Energy Demand to Improve

July WTI crude oil (CLN21) this morning is up +0.84 (+1.19%), and July RBOB gasoline (RBN21) is up +.0080 (+0.37%).

July crude oil prices this morning are moderately higher, with crude at a fresh 2-1/2 year high.  Crude prices continue to climb on the outlook for global energy demand to increase as a faster pace of Covid vaccinations allows economies to reopen.  A bearish factor for crude is today's 1-month high in the dollar index.

An increase in Chinese gasoline demand is a positive for crude prices as estimates from China's top oil companies show China May gasoline demand was 5% higher than the same period in 2019.

IHS Markit said today that crude prices are likely to stay above $70 a barrel amid increasing summer demand and current supply constraints from OPEC+.

Crude oil prices have support from doubts about efforts to finalize a nuclear deal with Iran.  Iran's foreign ministry on Monday said that there was "very little time left" for world powers to res... Read more

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