🛢Brent crude rises above $ 50!

Brent crude managed to break above $50 a barrel for the first time since March, reflecting hopes for coronavirus vaccine distribution. On the other hand, yesterday's inventories data showed the highest increase since April, which suggests limited demand for crude oil. There are also further restrictions related to the pandemic. The key aspect for oil prices at present is the actual performance of the vaccine and its relatively quick distribution.

Brent crude is trading above $50 a barrel for the first time since March. Source: xStation5

2 October 2026, 3:26 PM

Oil down nearly 5% following the announcement that European diesel reserves will be released💡

2 October 2026, 12:35 PM

🟡Gold takes a breath, because of oil, not NFP

1 October 2026, 6:47 PM

Daily Summary: Wall Street Recovers as Micron Shines and Oil Prices Rise Again

1 October 2026, 4:19 PM

The US has a Diesel problem. Now Europe is being asked to open its reserves

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