WTI prices loses momentum near seven-week lows of $79.20 on Thursday. A surprise build in US crude stocks weighs on black gold prices. WTI prices edge...
WTI drifts lower on Monday amid concerns about slowing fuel demand. Geopolitical risks remain in play and should help limit any further losses. Traders now await...
The WTI price depreciates on a weaker demand outlook following US GDP data released on Thursday. US Treasury Secretary Janet Yellen said that US GDP growth...
WTI edges lower to $82.45 on Thursday as the fear of wider war in the Middle East eased. Higher bets that the US Fed will delay rate cuts...
WTI loses momentum to nearly one-month lows of $82.00 on Tuesday. Easing tensions between Israel and Iran limits the WTI’s downside. A large build in the US stockpile in...
WTI snaps the three-day winning streak near $85.00 on Friday. Israel retaliates as missiles strike a site in Iran, boosting the black gold price. The expectation...
Risk-aversion is in full swing across the financial markets after ABC News confirmed reports that Israeli missiles struck a site in Iran, leading to further escalation...
WTI trades in negative territory for the third consecutive day near $82.25 on Thursday. A rise in US crude inventory and a higher possibility of delay...
Oil prices edge down to $85 as Fed Powell’s hawkish guidance cast doubts over global demand outlook. The US warns to levy fresh sanctions on Iran...
WTI kicks off the new week on a subdued note and reacts little to Iran’s attack on Israel. Worries about cooling fuel demand turn out to...
Following late Saturday’s Iranian attack on Israel, analysts at Goldman Sachs explain the impact of the Middle East escalation on Oil price. Key quotes “Our commodities...
In its monthly oil market report published on Friday, the International Energy Agency (IEA) lowered the 2024 global oil demand growth forecast by 130,000 bpd to 1.2 million (mln)...
WTI drifts lower to $85.00 on Friday. The higher-for-longer US rate narrative weighs on the black gold. The fear of Middle East geopolitical tensions might cap...
WTI struggles to attract any follow-through buying amid mixed fundamental cues. Concerns about the worsening Middle East act as a tailwind for the black liquid. Signs...
WTI extends its downside near $84.60 on Wednesday. The bigger-than-expected build in US crude inventories weighs on the black gold. The uncertainty over Gaza ceasefire talks...
WTI prices gain momentum near $86.00 on Tuesday. The ongoing Middle East tensions, a key region for oil production, might boost WTI prices. The expectation that...
WTI kicks off the new week on a weaker note amid easing geopolitical tensions in the Middle East. The post-NFP USD buying exerts additional pressure on...
WTI is stuck in a tight range but is poised to close the week on a bullish note. Supply concerns and an improved demand outlook have...
WTI is seen consolidating its recent strong move to over a five-month peak. Worries about supply disruptions and tight global supply lend some support. Signs of...
TI trades on a softer note near $81.50 on Thursday. The high-for-longer rate narrative from the Fed boosts the US Dollar. US crude oil inventories rose...