WTI may appreciate as the US Energy Information Administration anticipates optimistic global demand. EIA increased world Oil demand growth forecast to 1.10 million barrels per day in...
WTI price gains ground due to speculation of a Fed rate cut in September. Crude Oil prices may struggle as a strong US jobs report would...
WTI price gains ground due to rising speculation of a Fed rate cut in September. ECB implemented a 25-basis point rate cut on Thursday. Oil prices...
WTI price appreciates as US mixed data fuel rate cut speculations by the Fed. A Reuters poll has indicated that nearly two-thirds of economists now predict...
Crude Oil markets are struggling to recover from sharp declines. US Crude Oil supplies delivered another buildup in measured stocks. OPEC+ set to ease production caps...
WTI falls below $74.00 per barrel on increased oversupply concerns. Bets on Fed rate cuts have backslid further, markets now see November cut. Crude Oil sentiment...
The Oil price fell to $72.50 as OPEC+ plans to shore up the market. Weak US factory PMI raise concerns over the Oil demand outlook. Investors await...
WTI price lost ground as OPEC+ intends to phase out production cuts of 2.2 million barrels per day over 2025. The US is purchasing an additional...
WTI backslid to $74.00 per barrel after OPEC+ failed to bolster Crude trader hopes. Voluntary production cuts are slated to be phased out beginning in October....
WTI edges higher as OPEC+ continues its oil output cuts of 3.66 million barrels per day into 2025. Oil prices could face pressure as Fed officials...
WTI fell into the red for the week, etching in a second month of declines. US Crude Oil production remains a concern despite downturn in supplies....
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...
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...
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...