BRN Brent Crude Oil Loading... : Bullish and Bearish Analyst Opinions
Loading chart...
Top Calls
Feed
19:34
Jul 20
Jul 20
A senior U.S. official says President Trump is focused on making Iran pay for alleged violations and attacks in the Strait of Hormuz, with strikes continuing until further notice.
19:23
Jul 20
Jul 20
Iran's deputy secretary of the Supreme National Security Council warns the Strait of Hormuz is a critical leverage point and that Iran will show no leniency in this regard.
19:20
Jul 20
Jul 20
Iran's deputy secretary of the Supreme National Security Council warns that the Strait of Hormuz is a critical leverage point and Iran will show no leniency regarding it.
18:49
Jul 20
Jul 20
Brent crude futures settled at $89.22 per barrel, advancing $1.12 or 1.27% on the day.
18:47
Jul 20
Jul 20
Brent crude futures settled at 89.22 dollars per barrel, up 1.12 dollars or 1.27 percent.
18:31
Jul 20
Jul 20
U.S. crude oil futures settled at $83.23 per barrel, advancing 74 cents or 0.90% in the latest trading session.
18:31
Jul 20
Jul 20
NYMEX WTI crude oil futures for August delivery settled at 83.23 dollars a barrel, up 74 cents or 0.90 percent.
17:47
Jul 20
Jul 20
Mediators are working to push the US and Iran into a new ceasefire as traffic in the Strait of Hormuz collapses to just 10 ships per day and Brent crude trades around $90 per barrel.
17:37
Jul 20
Jul 20
The US Strategic Petroleum Reserve has dropped to its lowest level since 1983, indicating a significant drawdown in emergency crude oil supplies.
16:55
Jul 20
Jul 20
The author argues that geopolitical disruptions to refining capacity will sustain high crack spreads, but does not state a personal position in crude or product ETFs.
LOW
16:44
Jul 20
Jul 20
UK Maritime Trade Operations reports an incident 17 nautical miles east of Dibba, UAE, with a vessel struck by an unknown projectile.
15:57
Jul 20
Jul 20
Stocks of crude oil in the US Strategic Petroleum Reserve fell by about 5.1 million barrels to 311.4 million barrels last week, the lowest level since 1983.
15:56
Jul 20
Jul 20
Two Greek oil tankers were attacked in the Strait of Hormuz and Bahrain was struck as mediators push for a ten-day ceasefire.
15:35
Jul 20
Jul 20
The latest chaos in the Strait of Hormuz threatens to worsen global fuel market conditions at a critical time.
15:27
Jul 20
Jul 20
US gas prices have crossed the politically sensitive four dollar level which is closely watched by former President Trump.
14:28
Jul 20
Jul 20
Houthis announce a blockade on Saudi shipping and threaten drone and missile attacks on the kingdom, raising geopolitical risk in the region.
14:12
Jul 20
Jul 20
An oil supertanker managed by Greece's Dynacom Tankers Management was struck in the Strait of Hormuz, raising supply disruption concerns.
14:10
Jul 20
Jul 20
An oil supertanker managed by Greece's Dynacom Tankers Management was struck in the Strait of Hormuz, raising concerns about potential supply disruptions.
13:46
Jul 20
Jul 20
Russia accuses Ukraine of attempting to destabilize global oil markets, raising geopolitical supply concerns.
12:44
Jul 20
Jul 20
Yemen's Houthis announce a maritime embargo against Saudi Arabia, threatening the passage of 4.5 million barrels of crude oil per day through the Bab al Mandeb Strait.
12:34
Jul 20
Jul 20
Gasoline prices crossed $4 a gallon as renewed U.S.-Iran hostilities disrupted energy flows through the Strait of Hormuz, with national average retail prices up over 30% since late February.
12:17
Jul 20
Jul 20
Energy prices poised to spike higher
Diesel and jet fuel spreads are at record highs, reflecting physical market tightness and depleted inventories. With no clear de-escalation path in the US-Iran conflict, energy prices are at significant risk of moving much higher to destroy demand, tightening markets further.
HIGH
12:10
Jul 20
Jul 20
Any further attacks on Caspian Pipeline Consortium facilities risk longer-term disruptions and may result in lower oil flows from Kazakhstan.
12:08
Jul 20
Jul 20
Escalating attacks threaten oil supply
Escalating US-Iran hostilities are reducing vessel traffic through the Strait of Hormuz, and attacks are expanding from military infrastructure to energy assets including in Kuwait. This is creating market anxiety and fears of further damage to refineries, pipelines, and oil and gas facilities, shifting focus from reopening the strait to repairing facilities, which supports higher oil prices.
MED
12:07
Jul 20
Jul 20
Tightening Gulf supply lifts oil prices.
Persian Gulf oil exports have dropped below 50% of normal due to US-Iran escalation, supply is tightening, and prices can continue to rise while the conflict lasts.
HIGH
11:44
Jul 20
Jul 20
US Treasuries recover from earlier losses as WTI crude oil drops 2.6% to its lowest level of the trading day.
11:35
Jul 20
Jul 20
Oil futures extend their decline with Brent crude falling below 87 dollars a barrel in trading.
11:31
Jul 20
Jul 20
Tightening supply lifts oil prices.
Visible exports from the Persian Gulf have dropped below 50% of normal as the Strait of Hormuz remains effectively closed. The direction of travel is one of tightening supply, and oil prices can continue to increase while the disruption lasts.
HIGH
10:55
Jul 20
Jul 20
Iran reports two tankers exploded in the Strait of Hormuz chokepoint as ship traffic nears a standstill.
10:50
Jul 20
Jul 20
Community consensus shows oil prices dropped on a 10-day ceasefire headline, but Iran rejected it and Houthis announced a naval blockade on Saudi Arabia. The market is pricing in a false peace; actual supply disruptions (Kuwaiti terminals, Red Sea chokepoint) and depleting global inventories will force prices higher. Long crude oil (via USO or futures) as the conflict intensifies and artificial price suppression unwinds. A genuine ceasefire could materialize; US strategic releases might cap near-term gains; demand destruction from recession.
LOW
About BRN Analyst Coverage
Buzzberg tracks BRN (Brent Crude Oil) across 162 sources. 1282 bullish vs 308 bearish calls from 851 analysts. Sentiment: predominantly bullish (14%). 6993 total trade ideas tracked. Past 7 days: 46 bullish, 5 bearish, 351 watch. Latest voices: DeItaone, FirstSquawk, financialjuice.