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2024-03-28T09:54:30+0000
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2024-03-28T09:54:30+0000
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.
2024-03-06T04:12:57+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.
2023-12-04T14:52:37+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?
2023-12-01T04:46:19+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
Delayed OPEC+ meeting to take place on Thursday at 13:00 GMT – individual quotas and supply cuts remain central to the meeting and brent crude prices head lower after notable rejection at the intersection of the crucial $82 level.
2023-11-28T04:48:15+0000
Some analysts speculate that the recent spike in crude oil prices may be temporary, unless supply or transport disruptions endure. Iran remains a pivotal player, facing potential constraints if entangled in the unfolding conflict.
2023-10-11T01:27:58+0100