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Tag: brent futures

brent crude
  • Commodity Market

A short-term decline in oil prices through 2026 could provide a positive outlook

Mahalakshmi@fastura.com3 months ago01 mins

Oil prices are expected to face further pain in the coming months as crude oil demand falls. However, there is room to profit from the decline as OPEC+ and US shale producers are forced to cut their oil production as prices fall. However, pressure on oil prices could ease in the second half of the…

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  • Commodity Market

Oil ends week higher as investors take stock of Fed rate cuts

Mahalakshmi@fastura.com10 months ago01 mins

Oil prices settled lower on Friday but recorded a second straight week of gains, garnering support from a U.S. interest rate cut and a dip in U.S. supply. Brent futures settled down 39 cents, or 0.52%, at $74.49 a barrel. U.S. WTI crude futures settled down 3 cents, or 0.4%, to $71.92. Signs of a…

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