RSS Items

'The recent run up in refining margins is helping push Brent crude oil prices higher'.

Brent crude climbed above $90 a barrel for the first time since October as the conflict in the Middle East showed signs of escalating.

The market has been rattled.

'It is now less than $5 per barrel away from that level and only noise is needed to bring it above'.

Brent crude has come under renewed pressure in November.

There have been 21 consecutive trading days in which Brent has been within the $74-76 per barrel band at some point during the day, a new report highlighted.

Rigzone's regular market watchers focus on the inversion of the Brent-WTI oil price spread, the start of the U.S. hurricane season, gasoline prices and more.

Weekly flows continue to show increasing net length and open interest.

The facility will have an 800 MW capacity, enough to power over 170,000 households a year.

'Do it now. Do it now. Not a month from now - do it now'.