Oil flirts with a third consecutive decline ahead of Sunday’s OPEC+ meeting on Sunday. OPEC+ will convene online to decide on production cuts, with most analysts...
Crude Oil markets decline as investment sentiment recedes. Midweek market flows shed weight as Treasuries squeeze out risk appetite. WTI stumbles after hitting three-week highs. West...
Oil retreats back below $80 and ends winning streak. Pressure in Oil markets is rising ahead of the OPEC+ meeting in June. The US Dollar Index...
The Oil price extends upside as uncertainty ahead of the OPEC+ meeting neutralizes the impact of fading Fed rate-cut prospects. Easing Fed rate-cut bets fail to...
WTI Oil price appreciates ahead of OPEC+ meeting, where the group will discuss extending voluntary output cuts. An Israeli strike in the Gazan city of Rafah...
WTI jumps to $78.50 with a focus on global inflation data. The Fed is expected to announce rate cuts in the last quarter of this year....
WTI Oil price attempts to extend its gains due to a recovery in overall market risk sentiment. University of Michigan’s 5-year Consumer Inflation Expectations for May...
WTI bounced back above $77.50 in broad market sentiment rebound. Crude Oil markets are recovering despite ongoing concerns over US oversupply. Fed rate cut bets continue...
Oil sinks further and falls to three-month lows near $76.00. Despite geopolitical headlines, oil has kept sinking this week. The US Dollar Index trades back above...
Oil jumps back above $78 after a brief decline. Norway, Ireland and Spain said they will recognize a Palestinian state on May 28. The US Dollar...
Oil tests the support of its 2024 rally again on Tuesday. Markets disregard current events in the Middle East as there is no risk for output...
WTI Oil price extends losses possibly due to the hawkish remarks from Fed officials regarding maintaining higher rates for longer. The death of Iran’s President and...
WTI Oil price extends losses possibly due to the hawkish remarks from Fed officials regarding maintaining higher rates for longer. The death of Iran’s President and...
WTI briefly rose to $80.00 per barrel before falling back. US Crude Oil found its highest bids since the start of the month. Risk appetite struggles...
WTI Oil price gains ground after PBoC keeps interest rates unchanged on Monday. Oil prices may struggle possibly due to the hawkish remarks from the Fed officials. Crude...
WTI testing towards $80 per barrel as energy markets step higher. Risk appetite is on the rise, bolstered by rate cut hopes. Easing US inflation data...
WTI trades inside Thursday’s trading range ahead of PBoC’s interest rate decision. The oil demand outlook has improved as US inflation softens as expected in April....
WTI prices gains traction near $78.90 on Friday. The softer US April inflation data, Fed rate cut expectations, and a drop in US crude inventories boost the black gold. The...
Oil breaks below $78.00 after both OPEC and IEA released their monthly reports. While OPEC stuck to previous expectations, sluggish demand is forecasted in the IEA release. ...
WTI price appreciates due to the potential for supply disruptions amid Canadian wildfires. The API Weekly Crude Oil Stock dropped 3.104 million barrels, below the forecasted...