What is the current price of Brent crude oil?

The current price of Brent crude oil today is $ 87.71 per barrel. Live charts, historical data, futures contracts, and breaking news on Brent prices can be found below. Investment bank Goldman Sachs says there will be no immediate major effect on near-term oil market inventories related to the…

Will Brent crude hit $100 a barrel in 2024?

Brent crude, the international benchmark, will hit $100 a barrel in 2024, Goldman strategists said in a Tuesday note. That's largely because of a supply-demand imbalance in the oil market, which is likely to worsen over the next year and push prices higher, Currie said.

Why did Morgan Stanley raise Brent oil prices in 2023 & 2024?

Sept 22 (Reuters) - Morgan Stanley raised its quarterly forecasts for Brent oil prices in 2023 and 2024 on Wednesday, citing the supply deficit caused by the extension of output cuts from Saudi Arabia and Russia.

What is the difference between Brent & WTI crude oil?

Composition: Brent crude oil is a blend of oil from multiple fields, making it a mixture of various qualities. WTI is a lighter and sweeter crude oil with a lower sulfur content, making it easier to refine. 3.