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2024-03-14T09:50:07+0000
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2024-03-14T09:50:07+0000
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
As violence erupts in the Middle East, markets grapple with uncertainty, and crude oil prices surge.
2023-10-10T02:09:53+0100
Crude oil is on the back foot going into Tuesday’s trading session; China’s growth prospects remain mired but hopes for stimulus persist and Libya is set to add to oil production.
2023-07-20T03:04:25+0100
The US Benchmark West Texas Intermediate Crude oil price fell to a low of $67 on 23 March – a level not seen since December 2021. Indications suggest there could be more downside.
2023-04-28T08:42:46+0100
Crude oil raced to a two-month high this morning on OPEC+ news, the group will be cutting output by more than a million barrels per day and supply issues elsewhere seem to be adding to the short squeeze.
2023-04-03T01:49:12+0100