crude markets opened in green on the first day of trading in the year of 2026. Both the benchmarks logged in biggest annual loss in 2025. Escalation of geo-political risks and over supply fears are in the headlines. On the technicals side, Brent timespread is not showing ‘steep’ backwardation but it is not in contango.…

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Crude Futures Flat prices rose around 1 pct to finish the week a hair above $63/bbl this week. Both the benchmarks logged in above 2 pct monthly loss. Cease fire reports in the early week precipitated price rout on Tuesday, Though contracts spent the remaining week, clawing back early losses to end the week in…

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Crude Flat prices slipped with Brent closed the weekly above $2 down. AI driven worries clouded tensions across the market. Oil specific fundamentals like over supply fears continued to prevail in the market. U.S proposed peace deal between Russia and Ukraine in headlines that removed last bullish support levels. Timespreads strengthened with brent prompt spreads…

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crude flat prices ended the week around $1 higher with Brent logged in just above $64/bbl while WTI closed at $60/bbl. Geo- political tensions, Monthly reports and weekly data led the market this week. Crude sank sharply on Wednesday evening before rocketing up in the next session following a Ukraine Missile attack on Russian facilities.…

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Crude oil futures moving in bearish mood. Markets digested surplus worries. US sanctions started biting Russian oil. Russian oil company, Lukoil suffering to survive operations in other countries. India already trimmed crude imports in Oct, expected to further decrease in Nov month. Gloomy economic outlook sprinkled demand worries across the market. Turning to data, U.S…

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Crude futures are Moving flat at the time of reporting. Weak economic numbers sprinked fears over markets followed by equity markets. China factory numbers sank for 7th month while U.S manufacturing activity Contracted for an 8th straight month. Expected U.S stock draws limited the down side momentum. Weekly nos expected to spur some volatility this…

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Crude futures are Moving flat on Monday at the time of reporting. Both the benchmarks logged in monthly loss in Oct. OPEC+ group sent a positive msg to the market. The group agreed to raise output by a small 137000 bpd in Dec and to pause increases in the FQ of next year. Portfolio managers…

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Brent oil futures prices inched down to $64.36 a barrel while WTI oil futures are Moving flat at $60.58 a barrel at the time of reporting. Both the benchmarks set to close the month at 3 pct loss. Trade Truce between U.S and China is the talk of the town. Larger than expected draw down…

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