NEWS
Commodity Prices
The following graphs present commodity future prices over the periods of the last week, last three months and last year. All changes are measured in US Dollars and reflect daily closing prices for the forward month futures.
Current Price
Energy Prices | |||
INDEX | PRICE | % | TIME(GMT) |
WTI Crude | $90.58 | +1.06 | 11:02 AM |
Brent Crude | $94.10 | +0.86 | 11:01 AM |
Natural Gas | $2.64 | +1.26 | 11:02 AM |
22 September 2023 11:13 AM GMT |
Light Crude Oil
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Commodity News
Oil Drops Slightly as Russia Bans Fuel Exports
Thursday, September 21, 2023Oil steadied as a broad, risk-off sentiment eroded gains driven by Russia's ban on gasoline and diesel exports, further tightening an already stressed global fuel market.
Oil Price Rally Continues Apace in September
Thursday, September 21, 2023'Physical markets have tightened'.
Oil Drops as Fed Signals Further Rate Hikes
Wednesday, September 20, 2023Oil's breakneck rally is taking a breather as a smaller-than-expected drop in US crude stockpiles bolstered technical resistance to further gains.
This is the Normal Oil Price
Wednesday, September 20, 2023'Normal in the eyes of most market participants today is $60 per barrel, but this perception is probably largely based on the recent experience of the market'.
Oil Steadies After Surging to 10 Month High
Tuesday, September 19, 2023Oil steadied after surging to a 10-month high as broader risk-off sentiment cooled a piping hot rally driven by OPEC+ supply cuts and comments from Saudi Arabia's energy minister shying away from any change in course.
Yellen Says Oil Climb Undesirable but Should Stabilize in Time
Tuesday, September 19, 2023Treasury Secretary Janet Yellen said the recent increase in oil prices is unwanted, but they should stabilize in time.
Brent Oil Price Highly Likely to Move Above $100
Tuesday, September 19, 2023'It is now less than $5 per barrel away from that level and only noise is needed to bring it above'.
Oil Extends Rally to Near 10 Month High
Monday, September 18, 2023Brent oil closed near a 10-month high, extending a rally driven by supply curbs from OPEC+ leaders.
SocGen Plans to Halt New Oil and Gas Loans in Strategy Update
Monday, September 18, 2023Societe Generale SA is planning to halt lending to some new oil and gas projects.
EIA Bumps Up USA Diesel Price Forecast
Monday, September 18, 2023The U.S. Energy Information Administration has raised its U.S. diesel price forecast for 2023 and 2024.