Track Crude Oil Prices: Nymex, Dated Brent, and WTI Cushing Analysis

Insights

  • From August 12th to 23rd, 2024, crude oil prices rose due to a reduction in gasoline and distillate stockpiles in the United States.
  • The increase was further fuelled by growing tensions in the Middle East, which heightened concerns about potential disruptions in oil supplies from the region.
  • The Dated Brent prices improved to approximately US$79.01 per barrel.
  • In the near term, crude oil prices could rise.

                                  

Trend Report

The average price of Crude Oil Dated Brent - North Sea has increased by 1.04% in the month of July 2024 as compared to June 2024. The price of Crude Oil Dated Brent - North Sea has been below its last six months average price by -0.41%. The price of Crude Oil Dated Brent - North Sea has reduced by a CAGR of -0.13% in last one year. The price of Crude Oil Dated Brent - North Sea in the month of July 2024 has increased by 4.63% as compared to the same month last year.

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  • You shall be notified on your registered email once the trial is activated