Tag: Brent

Brent crude slides towards $60 on oversupply, U.S.-China commerce strains

(Bloomberg) – Oil headed for a 3rd weekly decline as merchants centered on rising indicators of oversupply and the fallout from renewed U.S.-China commerce tensions.  ...

JP Morgan forecasts Brent crude oil to low $60s

JP Morgan projections come through Reuters oil reporting: With the window of alternative to part out manufacturing cuts now closed, OPEC+ will keep present manufacturing ranges a minimum of for one other yr"Below this situation, our worth...

USD/CAD pushes increased as brent crude extends decline to $3

The commodity currencies are in an fascinating spot proper now.The US greenback is falling on a number of fronts as a result of the market is re-thinking the trail of Fed funds. However...

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