ETFS Brent Crude ETC (BRNT.L)
| Previous close | 54.25 |
| Open | 55.35 |
| Bid | 55.12 x 860000 |
| Ask | 55.15 x 860000 |
| Day's range | 55.08 - 55.59 |
| 52-week range | 40.80 - 57.05 |
| Volume | |
| Avg. volume | 28,720 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Investing.com
Oil faces first weekly decline in a month amid Federal Reserve signals
The oil market is bracing for its first weekly decline in four weeks, driven by the Federal Reserve's signals of potential interest rate hikes within the year. The anticipation of higher borrowing costs has curbed the appeal for riskier assets like oil, despite physical scarcity in the crude market.
- Investing.com
UK Inflation Hits 18-Month Low Despite Fuel Price Surge
In an unexpected twist, the United Kingdom's inflation rate declined to its lowest point in a year and a half on Wednesday, even amidst a recent surge in fuel costs. This unforeseen economic development has led traders to predict an impending cessation of the Bank of England's ongoing series of interest-rate hikes.
- Investing.com
U.S. crude futures benchmark may face near-term downturn, warns Société Générale
Analysts from Société Générale (EPA:SOGN) have warned that the U.S. benchmark for crude futures, West Texas Intermediate (WTI), could be susceptible to a near-term downturn, despite reaching its highest close since November 7 on Monday. The rapid rally, fueled by speculators, saw WTI close at $91.48 per barrel on the New York Mercantile Exchange, marking a significant 37% increase from its 2023 low of $66.74 on March 17.
