News about Brent

Global oil demand is set to increase to 116 million barrels a day (mb/d) in 2045, 16 mb/d higher than 2022 (from 99.6 mb/d in 2022 to 116 mb/d in 2045) #WOO23 woo.opec.org/ pic.twitter.com/STgsY3uLzt

currently, WTI crude is up $2.78/bbl, or 3.4%, while RBOB gasoline is up 5c/gal or 1.9%. volumes tend to be lower after hours, daylight could bring shifts to how the market responds

Up again: the national average has reached nearly $3.69 per gallon this morning, BUT we may be within ~10 cents of our peak as oil prices have given up some steam at $82/bbl this morning and additional refineries complete maintenance in the coming days! #gasprices

Algos Extend Oil’s Selloff, Dragging Futures to Three-Week Low WTI crude futures plunge 3% to trade below $83 a barrel Higher-for-longer US interest rates may drag energy demand #oott www.bloomberg.com/news/articles/2024-04-16/latest-oil-market-news-and-analysis-for-april-17