Share: Brent Oil prices have had a volatile start to the fourth quarter. Economists at OCBC Bank analyze Oil prices outlook. Oil prices to average $90...
Share: This week, Crude Brent Oil reached a peak of 97$/barrel before coming down to the 95$ area. Economists at Nordea analyze Oil’s outlook. A further...
Share: Brent has faced stiff resistance around the $94-95 mark, hovering at the low $90s since breaking out early in September. Strategists at Rabobank analyze Oil’s...
Share: Oil prices are currently up by more than 25% this quarter. Economists at ING expect Brent to break above $100 in the near term. However,...
Share: The price of a barrel of Brent Oil rose to a good $90 at the beginning of September. Strategists at Commerzbank analyze Oil’s outlook. Limited...
Share: Brent Crude prices stand at around $85/bbl, about 3% below the year-to-date highs reached on 9 August. Oil price declines mask improving fundamentals, economists at...
Share: Oil prices still have more upside, in the view of strategists at ING. Oil market will continue to tighten We believe that there is still...
Share: Oil price recovers for the second day after the debt-ceiling bill gets voted through by the US Senate. The possibility of OPEC+ announcing more production...
Share: Oil price recovers marginally after the House of Representatives votes through the debt-ceiling extension bill on Wednesday evening. Gains are capped by higher-than-expected inventory levels...
Share: The oil price spirals lower as traders deleverage ahead of a key vote to decide whether the US should raise its debt limit. A growing...
Share: Oil prices have weakened as investors begin to fear the deal to extend the debt ceiling may be derailed by Congress. Mixed messages from OPEC+...
Share: Oil price finds a floor after Republicans and Democrats agree a deal to extend the US government debt ceiling on Sunday. The deal means a...
Share: Oil price recovers after the steep sell-off on Thursday due to mixed messaging from OPEC+ members. Russia’s Novak says production cuts are unlikely whilst the...
Share: Oil price falls as traders take profit and the debt-ceiling impasse continues without a deal in sight. The US Dollar continues rallying after US macroeconomic...
Share: Oil price continues to rally after Saudi Prince Abdulaziz bin Salman, the country’s oil minister, warns short-sellers to “watch out”. Inventory data from the EIA...
Share: An unexpected rise in US PMI data spurs Oil to rally on increased demand hopes. Oil is supported by optimism US lawmakers will reach agreement...
Share: Oil price rises amid optimism that a deal on the debt ceiling will be reached, averting a financial crisis and securing future demand. The US...
Share: Oil price trades with losses as the US Dollar strengthens on hawkish Federal Reserve speeches, US debt-ceiling uncertainty. Data showing a greater-than-expected rise in inventories...
According to the findings of a recently conducted Reuters poll, the barrel of west texas Intermediate (WTI) is expected to average $84.84 in 2023, down from...