Oil Prices and the Oil Market

We take a look at oil prices and the drivers behind brent crude and WTI crude

Oil prices forecasted to settle lower over the course of the second quarter say Barclays

Sam ison

Oil Prices: The brent crude oil price (May) is over a percent lower on yesterday at 121.32.

Commodities: Oil prices stage morning recover as 'slacker crude, tighter products' theme continues

Will is on

The brent crude oil price has recovered somewhat over the course of European trade, the May contract is 0.25 pct up at 122.69.

Barclays: Oil prices should have exceeded 150 USD / bbl had the Eurozone crisis not hit

Unless macroeconomic fears lift decisively, the upside above $120 seems limited currently.

Oil prices now ignoring fundamentals 'entirely' warn Barclays Capital

The US oil inventory surplus (excluding the estimated ‘other oils’ category) is now completely gone at -1.1 mb.

Oil price forecasts: Standard Chartered see weakness in brent and WTI on technical basis

Oil prices are weaker today, and Standard Chartered believe further weakness is possible.

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