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Crude Oil Brent F Oct '22 (QAV22)

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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, Oct 4th, 2022.
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 Settles Sharply Higher on Expectations for OPEC+ to Cut Production

Nov WTI crude oil (CLX22) on Monday closed up +4.14 (+5.21%), and Nov RBOB gasoline (RBX22) closed up +14.31 (+6.04%).  

Crude oil and gasoline prices Monday rallied sharply to 1-week highs on dollar weakness and expectations for OPEC+ to cut its crude production targets when it meets on Wednesday.  However, crude prices fell back from their best levels on a decline in global manufacturing activity, which suggested weaker energy demand.

Crude oil prices rallied Monday after delegates of OPEC+ said the group is considering cutting production by more than 1.0 million bpd when it meets Wednesday.

Weaker-than-expected global manufacturing activity is bearish for energy demand and crude prices.  Monday’s economic news showed the U.S. Sep ISM manufacturing index fell -1.9 to a 2-1/4 year low of 50.9, weaker than expectations of 52.0.  Also, the Eurozone Sep global manufacturing PMI was revised downward by -0.1 to a 2-1/4 year low of 48.4.  In addition, the  Japan Sep Jib... Read more

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  • Crude Rallies on Expectations for OPEC+ to Cut Production

    Nov WTI crude oil (CLX22 ) this morning is up +3.07 (+3.86%), and Nov RBOB gasoline (RBX22 ) is up +11.06 (+4.67%). Nov Nymex natural gas (NGX22 ) is...

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