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OECD COMMERCIAL INVENTORIES
Brent crude hits lowest since before start of Mideast war as more tankers exit HormuzGlobal oil prices plunged Wednesday, hitting multi-month lows as supply worries eased with tankers clearing the Strait of Hormuz. An interi...- JP Morgan lowers Brent crude price forecast for second-half 2026J.P. Morgan has updated its Brent crude oil price forecast for 2026, lowering expectations due to unexpectedly weaker inventory draws and a...
- Oil nears two-month lows on reports of imminent US-Iran peace dealOil prices dropped significantly, reaching their lowest point in nearly two months as U.S. and Iranian officials indicated a potential agre...
- The world's oil piggy bank is being smashed open. What can go wrong?Global oil inventories are plummeting to multi-decade lows, exacerbated by Middle Eastern supply disruptions and the rapid depletion of str...
- JP Morgan sees Brent staying in low $100s even if Hormuz reopens in JuneJP Morgan's revised framework assumes that the pace of oil inventory depletion will ultimately force the Strait to reopen "one way or ano...
- Global strategic oil inventory totaled 2.5 billion barrels at end of 2025, EIA saysGlobal strategic oil reserves reached 2.5 billion barrels by year-end. China, the United States, and Japan hold the largest stockpiles. The...
- Goldman says oil stock draws cut bearish risk to Brent priceGoldman said China demand news was mixed and suggested that weakness in macro data was concentrated outside the oil-intensive services sect...
- Oil steady as surging virus cases cloud demand outlook"Dollar strength and macroeconomic uncertainty are likely to keep dominating oil's agenda this week," said BNP Paribas analyst Harry Tchili...
- Oil edges lower as rising virus cases cloud demand recovery outlookBrent is on track to fall for the first month in six while WTI is headed for its first monthly loss since April as renewed mobility curbs i...
- View: World’s oil glut is much worse than it looksThe oil producing nations may to have to consider both longer and deeper cuts.
- Oil prices dip as US crude stocks swell amid record productionUS crude oil production remained at a record 12.1 million barrels per day (bpd)
- Oil dips amid weak demand growth, but Opec-led supply cuts supportBrent crude futures were at $65.60 per barrel, down 7 cents, or 0.1 per cent.
- Rising US output, Opec cuts to keep crude rangeboundFactors such as rising US output, Opec supply cut, strong demand are keeping prices rangebound.
- Crude oil susceptible to steep price correctionThe rally in prices has also been aided by the fact that output cuts by the Opec may extend beyond 2018.
- Oil rally looks overstretched; prices may fall a bitWhile the near term trend still remains positive, oil prices could see some correction.
- Oil has run up too far, too fast; correction ahead?Opec output also continues to be lower in YoY comparisons and compliance is improving.
- Oil market's outlook positive, but no crude shock in medium termCrude oil prices are likely to remain flat as the market lacks decisive triggers.
- Oil hovers below $78 after US crude supply dropOil prices hovered below $78 a barrel Thursday in Asia after strong gains the previous day on a drop in U.S. crude supplies.
- Crude oil likely to consolidate at $85-90
- World is not running out of oil: Christof RhlThe sharp spurt in crude prices to over $147/barrel raised the spectre of prices touching $200/barrel.
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