Inverse WTI–Brent spread highlights clash between regional fundamentals and war risk Brent crude futures, the international benchmark for oil prices, were at $110.3 per barrel at 5.39pm in Japan.

The price for actual Brent oil cargos came in above $120 per barrel on Wednesday, nearly $30 more than the June futures contract. The spot price shows that oil supplies will stay tight for some time, ...

The spot price reflects the demand for Brent oil that will be delivered in the next 10 to 30 days. The high price for more immediate oil deliveries points to the tightness of physical supply right now ...

Ryan Sweet, chief U.S. economist at Oxford Economics, projects Brent Crude (CO1:COM) will average $113 per barrel during the second quarter, even as diplomatic efforts aim to wind down military ...

Brent crude jumped to $118.2 per barrel on Tuesday while WTI sat at $102.5, leaving an unusually wide gap between the two benchmarks as the market reacted to fresh rhetoric around the Strait of Hormuz ...

Brent crude (CO1:COM) is on course to register its largest monthly gain on record in March, as the Iran war triggered a sharp repricing across global energy markets and reignited fears of supply ...

Brent crude touched $115 a barrel on Monday amid new threats from President Trump that the U.S. could destroy Iranian infrastructure, including power plants and oil wells, if the Strait of Hormuz ...

Brent crude oil prices on Thursday briefly topped $119 per barrel before dropping back down. Prices had dropped to about $112 per barrel mid-morning after spiking earlier as Iran attacked Gulf energy ...

The Brent-WTI spread widened sharply in early trading Thursday, pushing toward an 11-year high as Middle East supply disruptions drove a deepening split between global and U.S. crude markets. Brent ...

Oil prices gave up their gains on Thursday, retreating from a high of $119 a barrel, as investors latched onto signs of a de-escalation in the conflict. Prices had been climbing fast, after a new ...

15:45 ET – Brent crude futures, the global benchmark oil price, settled at $100.46 a barrel Thursday, continuing its sharp climb despite efforts to calm fuel markets, including the coordinated release ...

Oil climbed and Asian equities fell Thursday as the widening Middle East conflict continued to stoke fears of supply disruptions. Front-month Brent crude oil futures topped $100 a barrel again, last ...