Search ResultsShowing 1 - 10 of 100+ results for "Brent"
Chief economist update: Plenty of oil
BENJAMIN ONG  |  WEDNESDAY, 18 SEP 2019
... September 14 on Saudi Arabia's Abqaiq oil-processing plant (estimated to produce around 5% of global oil supply). WTI and Brent crude oil prices jumped by 14.6%, to US$62.88 per barrel and US$69.03/barrel, on the first day of trading after the weekend ...
Chief economist update: Oil market slides from bull to bear
BENJAMIN ONG  |  FRIDAY, 7 JUN 2019
... concerns sent crude oil into a bear market. WTI oil has fallen by 22.2% to US$51.57/barrel from its April peak of US$66.24. Brent oil has slipped by 19.2% (not quite satisfying the technical definition of a bear market, but getting there) to US$60.56/barrel ...
Chief economist update: The bad oil
BENJAMIN ONG  |  FRIDAY, 12 APR 2019
... Lower global growth translates into less demand for oil. Note that this is based on the "simple average of prices of UK Brent, Dubai Fateh, and West Texas Intermediate crude oil." I don't have data for Dubai Fateh but this year to date, the average ...
Pinnacle partners with former Blue Sky executives
KANIKA SOOD  |  THURSDAY, 4 APR 2019
... since been joined by a director Patrick Hayden, who was a director of Blue Sky's US subsidiary. The team also includes Brent Loeskow and Matthew Houlahan, both former investment associates in the Blue Sky Real Assets teams. As a part of the strategic ...
Chief economist update: The RBI surprises (again)
BENJAMIN ONG  |  MONDAY, 25 FEB 2019
... out, economies don't operate in a vacuum. Economic dynamics change to disrupt the "steady state". Crude oil prices (Brent oil) have come down US$76.22/barrel in December 2018 from a high US$86.29 in October last year - and are still lower than this ...
Chief economist update: A pretty portrait of an emerging market
BENJAMIN ONG  |  MONDAY, 11 FEB 2019
... US dollar since the start of 2019 and by 4.3% to P52.08/US$1 from its 2018 low - and the downswing in crude oil prices - Brent oil down by 27.8% from its 2018 high. Philippine inflation has started to slow - headline CPI inflation eased to 4.4% in the ...
Chief economist update: Crude oil to the rescue
BENJAMIN ONG  |  THURSDAY, 17 JAN 2019
... leaning - easing inflation pressure. Crude oil prices have dropped. After peaking at a four-year high of US$86.07/barrel (Brent) in October 2018, prices tumbled by 41.2% to US$50.57/barrel by year's end. Brent oil prices have risen by 19.7% since ...
Chief economist update: Cheaper oil greases wheels of growth
BENJAMIN ONG  |  MONDAY, 12 NOV 2018
... now in a bear market - WTI oil is down 21.2% from its nearest high (US$76.40/barrel on 3 October) to US$60.19/barrel and Brent oil is heading in the same direction, down 18.5% to US$70.15/barrel from the 2018 high US$86.07/barrel recorded on the 4 October. ...
Chief economist update: Oil slick
BENJAMIN ONG  |  WEDNESDAY, 7 NOV 2018
... the earlier months of this year. The price of West Texas Intermediate (WTI) has jumped US$66.81 per barrel while that of Brent oil gained US$72.05 per barrel - above the psychological level of US$50 a barrel and at their highest since December 2014. ...
Chief economist update: An Indian surprise
BENJAMIN ONG  |  MONDAY, 8 OCT 2018
... rupee's depreciation would aggravate the upward push in India's inflation caused by rising oil prices - the price of Brent oil has risen by 24% between January and September this year - because of the country's dependence on oil imports. ...
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