Brent Oil WTI Futures - Sep 25 (LCOc4)

ICE
Currency in USD
63.46
+0.12(+0.19%)
Delayed Data

Brent Oil Futures Discussions

closing positive
67 is fair price
Short time
no movement again, boring. at least go up if you don't fall
Scalping up for tomorrow high
This was enough for today, i’m p Out now
Kal wapas 65. 66 67
as discussed if it goes below 63 next support level is 58.50 .if breaks there then goes to deep below 48
Tomorrow 63 numbers
Below 64 soon
manipulation time over. Why did oil reach 58? Easy answer: manipulated stop loss hunt. Big boys loaded up on the way to 100. sigh....
PDVSA Revokes Authorization for Chevron to Export Venezuelan Oil Venezuelan state-owned oil firm PDVSA has revoked authorizations to U.S. supermajor Chevron to load and export crude from Venezuela this month, following the Trump Administration’s increased sanctions on Venezuelan oil exports and tariffs on its oil buyers, Reuters reports, quoting sources familiar with the matter. The Trump Administration has already revoked Chevron’s license to operate in Venezuela and export oil from its oilfields, with May 27 the deadline for Chevron to wind down its operations in the South American country. Storys Continues.
Saudi Arabia’s Next Move Could Hit Oil Prices Hard, OPEC+ is accelerating its oil output increases by adding 411,000 barrels per day in May. Saudi Arabia faces a budget strain, needing $96.20 oil to break even due to Vision 2030 spending. Saudi Arabia aims to capitalize on low U.S. tariffs to grow manufacturing and invest heavily in mining to boost non-oil revenue. Last week, eight OPEC+ countries unveiled plans to advance their planned phase-out of voluntary oil output cuts by ramping up output by 411,000 barrels per day in May--equivalent to three monthly increments. The announcement of the accelerated unwinding clip comes at a time when U.S. President Donald Trump announced tariffs on trading partners, deepening the shock to oil markets.  Brent crude for June delivery was up 0.1% to trade at $63.32 per barrel at 9.45 am ET on Friday while WTI crude was flat at $60.12 per barrel. Storys Continues.
60 will touch again
I hope for big fall and then big +
End of Aipril 78
mid april 115 and down to 90
No, mid april 675 and then fall to 593 xD
Brent opening price 63,54, wti 60,88. Wti chancing to next month. Lets see further actions this pre down levels during Monday
well maybe next week we see the effects of on going trade war bethween China and US. US prices will rise and China production slows down (less oil demand). Less products are delivered as inflation kicks in US. China will buy Iranian oil, Trump cannot do anything about it as he started already trade war.
pro badge
It is not so bad with a lower oil price and if China consuming less can be good for the environment. Of course for oil companies it means more slimming.
yeah I am hoping lot lower prices as it might force Russia to stop the invation in Ukraine and garanties that ww3 will not start. I hope the Saudi Prince flows the oil in the market.
SP 64.80
nice dialogue with Iran and goes under 63
pro badge
Waterfall soon (15min)
agree
lran attakc imminent. Oil manipulators know this. Expect 70 next week early.
Need to say this is interesting situation. Apple is already sending products via another country to avoid the tariffs.
If the price cannot be drop, meant that culprit behind is all absorbing, buy when the price is holding, sell when the price is peak
Pressure make corporate growth, whatever what kind of situation is still need to run the business, Kuehne + Nagel, XPO Logistics, Lineage Logistics, Geodis logistic, Nippon Express bet for Crude oil long position to waive the operation cost, you dare to bet, you will surpass competitors after the storm
worst trump
...
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