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Oil prices

Insight

What price oil? 2024 In review

A review of pricing data through 2024, for both Brent crude and HVO diesel, produced in association with The Oil Market Journal The following pages present a graph that shows...
Ian Moore, of The Oil Market Journal, reviews the oil price in 2022.

Insight

What price oil? 2022 in review

...is a graph which shows the price of Brent Crude throughout 2022. With data supplied by The Oil Market Journal, the markers highlight some of the key events throughout the...

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News

Oil price rises over $70 a barrel

This month once again saw the price of Brent crude hit $70 a barrel – it’s highest level in two months. Having first recovered to pre-pandemic levels in February of...
Portland Report August

Market Report

Prices and predictions: how are we faring?

...and whether the oil price predictions we made in January are on course to be correct. Let’s start with crude and the Brent price, which started the year at $76...

News

Cyberattack effect on oil prices

...2% as a result. “As a domestic distribution network of refined product, opposed to crude, the wider impact on global oil prices was lessened, for example Brent crude prices increased...

Opinion

OMJ anticipates oil market movements

...each other. A fall in the Dow Jones to 18,000 would likely result in Brent Crude falling to $25/b” On that day, the Dow Jones Industrial Average fell to 18,213...

Further Reading

OPEC+ agrees to continue with current output targets, despite market uncertainty

Insight

What price oil? 2023 In review

...oil prices began moving higher, with ICE Gasoil pushing above $1,000/t. and ICE Brent Crude peaking at $95.55/b. ARA diesel inventories began falling below long-term averages as the reality of...

Opinion

Fuel price fears as OPEC+ cuts oil production

...OPEC announcement on Wednesday, Brent crude rose above $93 per barrel and has continued upwards rallying around 10% this week. Not a political decision OPEC Secretary General Haitham al-Ghais described...

News

Oil price at seven-year high amid supply concerns

...crude oil inventories reportedly lower than previously declared, the Ukraine crisis has also fuelled supply concerns resulting in both Brent and WTI hitting their highest levels in seven years. Global...

News

Making a visible difference

...Manslaughter Act 2007. The NEW Spectrum helmet from Hazchem Safety Hazchem Safety has developed compliant garments which are designed to meet drivers’ specific requirements. Brent Douglass, the company’s sales and...

News

February 2016 update

...being at $20 a barrel, we are in fact talking about the benchmark crudes of Brent and WTI (West Texas Intermediate). But these grades make up only a small percentage...
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