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Commodities
brent crude oil
Brent Oil
Follow
BCO
Open
117.64
-0.155 (-0.13%)
in
:
USD
•
As of: May 27, 2022 03:47
UTC
Prev. Close
117.80
High
118.34
Low
117.27
Overview
Forecasts
Advanced Chart
News
History
Stats
Powered By
:
Prev. Close
117.80
High
118.34
Low
117.27
Ask
117.69
Bid
117.60
Spread
0.0900
Price Drivers
Positive
Euro Area GDP Annual Growth Rate
United States Interest Rate
Value
:
5.10%
Strong Euro Area GDP Growth is bullish for Brent oil as demand for oil grows together with the economy.
Negative
EUR/USD
S&P Industrial Sector
Value
:
$1.07570
Weaker EUR/USD is bearish for Brent oil as Brent oil is quoted in U.S. dollars
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Economic Calendar
Time zone
: GMT
Thursday, May 26th 2022
Time
Country
Event
Impact
Actual
Consensus
Previous
12:30
CAD
Retail Sales Ex Autos MoM
2.4%
2%
1.8%
14:00
USD
Pending Home Sales MoM
-3.9%
-2%
-1.6%
14:00
USD
Pending Home Sales YoY
-9.1%
-10%
-8.6%
Friday, May 27th 2022
Time
Country
Event
Impact
Actual
Consensus
Previous
01:30
AUD
Retail Sales MoM Prel
0.9%
0.9%
1.6%
12:30
USD
Goods Trade Balance Adv
$-119B
$-125.32B
12:30
USD
PCE Price Index MoM
0.3%
0.9%
12:30
USD
Wholesale Inventories MoM Adv
2%
2.3%
Forecasts
5 hours ago
Peak Fed Hawkishness, Is Bad News is Good Again? ,Windfall Taxes Push OIl Higher, USD Running Out of Steam
12 hours ago
Crude Oil Price Forecast – Crude Oil Markets Continue to Pressure the Upside
20 hours ago
The West Scrambled to Control Soaring Oil Prices in the Short Term
May 26, 2022
Oil Price Fundamental Daily Forecast – US Crude Inventory Tightens Amid Jump in Refining Activity
News
May 05, 2022
OPEC+ set to stick to modest oil output rises amid price rally
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