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Crude Oil Brent May '15 (CBK15)

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Crude Oil Brent Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Crude Oil Brent prices and Crude Oil Brent futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Thu, Nov 21st, 2024.
Latest price quotes as of [[ snapshotDate ]].
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Looking for expired contracts? Check out our Crude Oil Brent Historical Prices page.

Crude Oil Brent Futures Market News and Commentary

Crude Gives Up Early Gains as Weekly EIA Inventories Unexpectedly Increase

December WTI crude oil (CLZ24) Wednesday closed down -0.52 (-0.75%), and December RBOB gasoline (RBZ24) closed up +0.0081 (+0.40%).

Crude oil and gasoline prices Wednesday settled mixed, with gasoline posting a 1-month high.  Escalation of the Ukraine-Russian war is a bullish factor for crude prices after Ukraine fired British cruise missiles at military targets in Russia for the first time.   However, crude prices fell back from a 1-week high and moved lower as the dollar rallied and after weekly EIA crude inventories unexpectedly increased.  

Escalation of the Ukraine-Russian war is underpinning crude prices.  Ukraine on Wednesday fired British cruise missiles at military targets inside Russia for the first time after the UK government approved the action in response to Russia deploying North Korean troops in the Ukraine war.  Earlier this week, Ukraine carried out its first missile strikes on a border region in Russia using US-supplied missiles, which prompted Russian... Read more

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