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Brent Oil - IEA cuts oil demand forecast as ‘economic woes’ trump geopolitics
A fall in the Chinese renminbi has also triggered concerns about a currency war. Brent crude, the international oil benchmark, fell below $57 a barrel this week, the lowest since January and down 26 ...
Oil edges up despite IEA report showing demand growth at decade low
Brent crude futures were at $57.80 a barrel by ... “Despite a further cut in oil demand growth by the IEA, oil prices are trading marginally higher, as the demand growth cut was already ...
Oil Price Fundamental Daily Forecast – IEA Cuts Oil Demand Growth
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are edging higher on Friday shortly before the regular session opening after clawing back earlier losses. Helping to ...
US oil is likely to be China's next target as trade war rages, energy analysts warn
International benchmark Brent crude traded at $57.31 Friday morning ... of its U.S. imports, including oil, if Trump pressed ahead with new tariffs at the start of September. Meidan also warned that ...
The bullish and bearish cases for oil prices
The price of oil has been hit hard in recent weeks. At the tail end of last month, Brent crude (the European benchmark) was trading at over $64 per barrel. As of this morning, it’s trading at ...