Share: Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman, said on Sunday, “Saudi Arabia to make extra 1 mln b/d output cut from July.” Additional comments...
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: WTI crude oil remains pressured at the lowest levels in three weeks after falling the most in a month. Downside break of bullish chart pattern,...
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: WTI crude oil begins the week with a gap-up, crosses short-term resistance line on market’s mildly positive mood. Bullish MACD signals favor energy buyers but...
Share: WTI crude oil closes higher, settling at US$72.67 per barrel, driven by mixed signals from OPEC+ regarding cut production. Ongoing talks between the Biden Administration...
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: WTI bulls eye a continuation from support structure. Bulls remain in control on the front side of the bullish trend. As per the prior analysis,...
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 opens the week lower on concerns global trade may be impacted by geopolitical wrangling at G7 summit. China provokes the United States by...
Share: WTI bulls move in for the kill from support. The $72s are on the bulls radar. WTI is trying to correct but remains down on...
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: WTI crude oil remains firmer inside one-week-old symmetrical triangle, eyes first weekly gain in five. Firmer RSI (14) line, not overbought, joins sustained trading beyond...
Share: WTI sinks despite the upbeat mood on Wall Street. US oil is down by some 0.9% meeting a new low on the day of $71.47....
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...