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Brent Crude Oil Last Day Financ (BZ=F)

NY Mercantile - NY Mercantile Delayed price. Currency in USD
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87.42+0.13 (+0.15%)
As of 07:08PM EDT. Market open.
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Pre. SettlementN/A
Settlement date2024-05-01
Open87.44
Bid87.40
Last price87.29
Day's range87.41 - 87.57
Volume76
Ask87.43
  • Yahoo Finance Video

    Gas prices are 'polarizing number' ahead of election: GasBuddy

    As US gas prices continue their upward trajectory, the issue has become "a polarizing number," according to GasBuddy's Head of Petroleum Analysis Patrick De Haan. He joins Market Domination Overtime alongside Yahoo Finance's Rick Newman to discuss the underlying factors. De Haan notes that the average gas price has increased by over 60 cents from the January lows, and could reach $3.70 in the next couple of days as the summer season approaches. However, he believes prices are nearing "the potential end of the spring rally." Importantly, De Haan highlights the political significance of gas prices, particularly ahead of the upcoming election. If prices were to go above the $4 per gallon threshold, De Haan believes it could negatively impact President Biden's approval numbers, calling it a "danger zone" from a political standpoint. Furthermore, De Haan identifies fragmentation as one of the key drivers behind persistently higher gas prices. The fact that different regions use various gasoline blends, all under the control of various entities, creates an environment that "could use improvement" and contributes to the elevated prices seen across the country. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith

  • Yahoo Finance Video

    Oil, bitcoin, gold: Commodity price checks

    Oil prices (CL=F, BZ=F) are trading slightly lower on Wednesday, following heightened geopolitical tensions in the Middle East as energy markets weigh Iran's attack on Israel. Gold (GC=F) prices are inching higher despite the strength in the US dollar and the bond market. Bitcoin (BTC-USD) prices have fallen from their recent highs, as the crypto market anticipates the upcoming bitcoin halving event this week. Yahoo Finance's Madison Mills breaks down the details. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Angel Smith

  • Yahoo Finance Video

    Noble Corp. CEO talks drilling operations, oil price trends

    Noble Corporation (NE) CEO and President Robert Eifler joins Yahoo Finance to discuss the outlook for his company as energy stocks lead market gains in 2024. Eifler emphasizes that Noble Corporation's long-term activity is "driven by oil price" (CL=F, BZ=F), stating that the company is "a long-term business" where its customers create "decade-long plans" when it comes to offshore drilling. Due to this, he says that short-term oil price movements have little to no effect on the company's operations. Eifler notes that the current market dynamics "are in really good shape," setting the company up for "several years of spending" among its customers. He explains that during the "shale boom", a backlog for the company's services was created due to an increase in offshore drilling demand as consumers turned to "longer-term planning," which has driven activity in the post-COVID period. "I like to keep people focused on where we've come from and where we're headed," Eifler told Yahoo Finance, adding, "which is a tremendous ramp-up in our services— and obviously that's coming through in rising EBITDA year-over-year." For more expert insight and the latest market action, click here to watch this full episode. This post was written by Angel Smith