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2024-10-31T17:36:14+0000
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2024-10-31T17:36:14+0000
News of a demand downgrade for crude oil, and reports that Israel will avoid hitting Iranian oil facilities, prompted another big drop for oil prices.
2024-10-15T22:59:12+0100
WTI crude oil price remains under pressure for fundamental and technical reasons and may reach the $64.00-to-$62.00 region.
2024-09-09T23:24:08+0100
Rising US employment costs elevate the dollar, amplifying expectations of prolonged high rates pre-FOMC, impacting oil market outlooks.
2024-05-01T06:32:14+0100
Marginal Cushing stock build could limit oil upside, IEA revises oil demand growth lower; brent crude oil flirts with the 200-day SMA and WTI testing major zone of resistance into the end of the week.
2024-02-16T04:19:56+0000
The group decided to reduce production by an additional one million barrels per day.
2023-11-30T16:09:49+0000