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Brent Oil - Brent oil rises to $40 amid hopes for recovery

04-06-2020 04:04

Oil rose on Wednesday, with Brent at $40 for the first time since March, as optimism mounted that major producers will extend ...

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Brent oil surpasses $40 per barrel first time after collapse of OPEC+ deal

The last time oil of this grade was worth more than $40 per barrel on March 6, when OPEC+ countries could not agree to extend oil output cuts at a meeting in Vienna. The next, oil prices collapsed to ...

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Oil Gains, with Brent above $40

Brent crude futures for August were up 78 cents, or 2%, at $40.35 a barrel, by 0636 GMT. The contract climbed to as high as $40.53, the highest since March 6, after gaining 3.3% on Tuesday.

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Brent oil passes $40 a barrel with OPEC cut hopes

Benchmark trading above that level for first time since March 6 when OPEC, allies failed to agree on deeper production cuts - Anadolu Agency ...

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Brent Oil completes a 1-3 month base, $39.70 next resistance – Credit Suisse

Brent Crude Oil is confirming a 1-3 month base, currently trading at $39.10, while the next resistance sits at $39.70, as strategists at Credit Suisse note. Read: Saudi Arabia, Russia preliminary ...

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