The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
QatarEnergy sharply cut the term price for al-Shaheen crude oil loading in January, trade sources said on Friday, in line with a recent fall in Middle East spot premiums.
Investors are urged to reconsider their portfolios as the disconnect between oil and gold prices signals potential market ...
The pricing of WTI and Brent oil futures is based on the underlying spot prices of the respective crude oils. Spot prices represent the current market value of oil for immediate delivery.
that is tending to cause the spot price to be bid higher,” he said. But he said even so, that down-sloping oil futures curve has actually been flattening. Crude oil is still finding a way to ...
"Spot oil prices are now flirting around crucial technical levels that if breached to the downside will cause prices to stumble towards the high-mid $60 dollar level," says Peter Cardillo ...
Opinions expressed by Forbes Contributors are their own. I write about commodities through a four-decade lens of experience. First-nearby crude futures contracts, also known as the spot month ...
Rising tender rejections and spot rates signal a shift in market dynamics, giving carriers more leverage. Factors such as ...
Robert Brelsford joined Oil & Gas Journal in October 2013 as downstream technology editor after 8 years as a crude oil price and news reporter on spot crude transactions at the US Gulf Coast, West ...
An unwinding of Chinese stock valuations as questions remain about fiscal stimulus plans going forward — JD JD sank -9% and Alibaba BABA was down -5.5% — met up with a notable drop in spot oil ...
Most recently, we saw this happening in oil contracts in April 2020 when the spot price of oil dipped to negative as the world ran out of storage space due to a glut of oil. As the cost of ...