*OPEC’s Oil Basket Above $40* The collective prices of OPEC oil grades have pushed above $40 for the first time in four months. This falls in line with the slow-moving bullish sentiment that has been seen over the past couple of months as crude recovered for its lows in April. *US Lifts Some Venezuela …
Author archives: Edward Hutton
Oil and Ore Intraday Morning Technical
Steel & Scrap 03-07-20
Fertilizer Financial Markets Commentary/Curves
Morning Oil Note 3/7/20
Good morning all. Brent crude futures were down 35 cents, or 0.8%, at $42.79 a barrel as of 0633 GMT, and U.S. WTI crude futures fell 35 cents, or 0.9%, to $40.30 a barrel. Both benchmarks rose more than 2% yesterday, buoyed by stronger-than-expected U.S. jobs data and a fall in U.S. crude inventories. For …
