Brent Crude

Goldman Sachs Group Inc., which has been among the most bullish banks on oil price outlook, has reportedly lowered its price forecasts once again in the wake of increasing global supplies and reducing demand. The bank has now lowered its Brent oil price forecast for December to $86 a barrel...

Oil prices regained some ground on Friday after dropping more than 1% the previous day, thanks to a growing optimism that the risk of a U.S. debt default is receding. Brent futures saw a 0.9% uptick, settling at $76.53 a barrel, whereas West Texas Intermediate U.S. crude rose 0.7% to $72.36. IG...

Prominent market commentator Jim Cramer on Tuesday analyzed a chart by Carley Garner and advised investors to buy the dips in oil, saying that the sell-off in the commodity is largely over. What Happened: “The charts, as interpreted by Carley Garner, suggest that...

WisdomTree’s Brent Crude ETP has attracted a weekly record inflow of close to $500 million, almost tripling the fund’s assets to over $700 million as investors piled into the market during its worst rout in months, reported Bloomberg. The move coincided with benchmark Brent futures...

CME Group Inc. (NASDAQ: CME), a derivatives and options exchange operating in Chicago and New York, formally announced the launch of options on Bitcoin (BTC) futures Monday, delivering on the growing interest and demand for a cash-settled instrument that allows for more efficient exposure and...

Oil has certainly had a tough year, with prices falling well below $50 per barrel and concern from the Street of drops even further. But not all companies are made equal, and some energy companies have bright futures ahead, according to Imperial Capital analysts. Imperial Capital’s Irene Haas...

“We may be the only oil price bulls left,” said Raymond James analyst Marshall Adkins in a note. But rather than follow the crowd and reduce their $65 per barrel forecast for 2018 — a 45 percent upside to current oil prices — analysts dug in their heels and debunked the top...

Oil prices fell to seven-month lows on Tuesday, with Brent Crude falling to $45.62 a barrel. Several oil ETFs were trading 3–7 percent lower in Tuesday’s pre-market session on the news, including United States Oil Fund LP (ETF) (NYSE: USO), which fell to its lowest since February 16,...

Asian stocks closed mostly higher on Wednesday after U.S. equities posted strong gains on Tuesday. "Asian markets have had limited news flow to deal with today," Chris Weston, chief market strategist at spreadbetter IG told CNBC. "The bold moves [today] are a reflection of the belief that the...

Long/short is a popular strategy in the hedge fund community and one made accessible to investors of all stripes by the exchange-traded funds industry. Typically, long/short ETFs are equity-based, but investors can now take both sides of the commodities trade with the First Trust Alternative...

To say the United States Oil Fund LP (ETF) (NYSE: USO), which tracks West Texas Intermediate crude oil futures, is a flawed product is accurate and fair. Over the past three years, USO is down 77.1 percent, but the exchange-traded product remains a favorite, on both sides of the oil trade, of...

2015 has been a difficult year for oil investors and companies, as crude prices plummeted and supplies far outweighed demand. Several different factors have weighed on oil over the past year, all of which have kept the market from rebounding. The global economy has been a major contributor to...

Brent crude was trading 32 cents lower at $64.79 a barrel at 11:00 GMT, while U.S. light crude was lower by 53 cents at $60.24. The move lower is being attributed to reports that Saudi Arabia is believed to be in talks with Indian buyers to supply additional crude. Reuters noted that the talks...

The deadline on a nuclear agreement with Iran is March 31, with any announced deal becoming a short-term negative for oil prices, according to Morgan Stanley. The opposite would produce the opposite result, though Morgan Stanley sees a deal as increasingly likely based on press reports and the...