Brent Oil (LCO) Price Live

James Hyerczyk

8 hours ago

Even if the outbreak begins to recede, the damage is done, which means crude oil demand growth will take a near-term hit before bouncing back over the remainder of the year.

Christopher Lewis

Feb 21, 2020

Crude oil markets had a choppy week, testing support but then bouncing a bit before pulling back yet again. This is going to be a very noisy market going forward as all things China continue to be in the front of traders mind.

Christopher Lewis

Feb 21, 2020

Crude oil markets initially fell during the trading session on Friday but found enough support to turn around and make another attempt to rally.

James Hyerczyk

Feb 21, 2020

Today’s early weakness suggests traders aren’t going to wait for the IMF to get the data it needs to say the global economy will weaken from the impact of the coronavirus. Furthermore, just last week, OPEC and the International Energy Agency predicted lower demand.

Kenny Fisher

Feb 21, 2020

Crude prices have dipped on Friday, after briefly pushing across the $54 level. Investors remain unnerved by the China coronavirus and are keeping an eye on OPEC’s proposal to cut production.