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Showing 1 - 10 of 21 results for "Brent Crude"

Pain of commodity price increases to last: World Bank

JAMIE WILLIAMSON  |  WEDNESDAY, 27 APR 2022
... the length of the war in Ukraine and any additional sanctions imposed on Russia, the World Bank noted. The price of Brent crude oil is expected to average $100 a barrel in 2022 - the highest level since 2013 and 40% more than 2021 - but drop slightly ...

Chief economist update: Oil gush

BENJAMIN ONG  |  FRIDAY, 3 APR 2020
... also the day when slowly increasing anxiety over the virus (at the time) was met by the slide in crude oil prices. Brent crude oil prices slumped by 23.7% to US$34.54 following unexpected news that, instead of agreeing to cut oil production at their ...

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... prices to US$4-7 a barrel and reportedly lifting production. The US West Texas Intermediate (WTI) crude and global Brent Crude benchmark slid 24.59% and 24.1%, respectively on Monday. Currently, WTI is trading up 8%, while Brent crude is trading up 8.95%. ...

Chief economist update: The crash we have to have

BENJAMIN ONG  |  TUESDAY, 10 MAR 2020
... 11% of the US high-yield market. This, too, has been turned on its head by the latest development in the oil market. Brent crude oil prices slumped by 23.7% to US$34.54 following unexpected news that, instead of agreeing to cut oil production at their ...

Chief economist update: Plenty of oil

BENJAMIN ONG  |  WEDNESDAY, 18 SEP 2019
... 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 drone ...

ETF Securities closes 10 ETFs

ALEX BURKE  |  TUESDAY, 12 APR 2016
... ETF sector. The ETFS Agriculture, All Commodities, Copper, Corn, Natural Gas, Grain, Industrialised Metals, Energy, Brent Crude and Wheat funds have all been wound up. The largest of the closures was the Brent Crude fund, with $1.05 million invested ...

Wall Street slips on oil slick

BENJAMIN ONG  |  FRIDAY, 13 JUN 2014
"Plus ASa change, plus c'est la mAame chose!" Pardon my french, Virginia. But nah, I'm not swearing... it's an honest to goodness French phrase that translates to "the more things change, the more they stay the same." This came to my balding head as ...

Ten new ETPs get ASX listing

BEN COLLINS  |  THURSDAY, 7 JUN 2012
... been issued by ETF Securities since 2006. Five of the new ETCs provide exposure to individual commodities such as Brent crude oil. For investors seeking broader exposure to this asset class, ETF Securities said four ETCs aim to replicate the performance ...

Market Wrap

AAP  |  WEDNESDAY, 25 MAY 2011
... Street indices edged slightly lower on Tuesday after banks Goldman Sachs and Morgan Stanley predicted the price for Brent Crude, London's benchmark, would reach $US130 a barrel in 2012. Brent closed at $US112.53 on Tuesday. Oil and energy stocks surged ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 25 MAY 2011
... the market drooped, oil company shares surged after US banks Goldman Sachs and Morgan Stanley forecast the price for Brent crude, London's benchmark, would hit $US130 a barrel in 2012, compared to Tuesday's closing price of $US112.53. The market brushed ...
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