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Crude Oil Brent Mar '13 (CBH13)

118.72s +0.06 (+0.05%) 02/13/13 [ICE/EU]
N/A x N/A N/A x N/A
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Crude Oil Brent Prices for Wed, Feb 13th, 2013
Find the latest Crude Oil Brent prices and Crude Oil Brent futures quotes for all active contracts below.
Latest futures price quotes as of Mon, Feb 24th, 2025.
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Crude Oil Brent Futures Market News and Commentary

Crude Prices Rebound Mildly Higher

April WTI crude oil (CLJ25) is up +0.30 (+0.43%), and April RBOB gasoline (RBJ25) is down -0.0025 (-0.11%).

Crude oil prices are mildly higher today on an upward rebound after last Friday's losses on weak US economic data.  Crude oil prices today are shaking off news that Iraq might restart exports this week if a pipeline to Turkey resumes operations, although Iraq's oil ministry said it would stay within its OPEC production cap.

Oil prices continue to be undercut by the thaw in US-Russian relations and possible peace talks on the Russia-Ukraine war, which could eventually lead to reduced sanctions on Russia and the full resumption of Russian oil exports.

Crude found support last week on a drone attack on a Russian pumping station that could reduce Kazakhstan crude oil exports by 30%.   Crude oil prices also found support last Wednesday when Bloomberg reported that OPEC+ is considering a delay of monthly supply increases that are currently due to start in April.  <... Read more

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