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2024-05-17T11:49:47+0100
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2024-05-17T11:49:47+0100
OPEC+ extends production cuts into 2025 with voluntary cuts to taper off from October this year and the oil market seeks to halt recent declines on tighter supplies.
2024-06-04T02:46:20+0100
Ukrainian drone targets Russian refinery and Israel attacks Iran's embassy in Syria, escalating regional tensions. Oil prices rise as markets watch OPEC's stable output amidst geopolitical unrest.
2024-04-03T04:24:33+0100
Crude oil prices waver: Investors weigh China's economic strategies and OPEC cuts against global supply and demand, with US economic data on the horizon for potential market shifts.
2024-03-06T04:12:59+0000
Saudi’s signal challenges to the oil market during seasonally lower demand, Brent crude oil prices drop at the start of the week, while geopolitical developments may limit downside.
2024-01-09T03:33:54+0000
The oil market is expected to remain volatile in the coming year due to geopolitical tensions and economic uncertainties.
2023-12-04T14:52:38+0000
Oil stalled at the 200-day MA; OPEC+ announced a 2M bpd cut for Q1 2024, falling short of expectations. Will bulls recover or $70 retest looms?
2023-12-01T04:46:20+0000
Following the disappointing read in China’s official PMI yesterday, the Caixin PMI data has provided a more optimistic view.
2023-12-01T02:32:20+0000
The group decided to reduce production by an additional one million barrels per day.
2023-11-30T16:09:49+0000