Share: Crude Oil initially rose on Tuesday after reports of ongoing ship attacks near Yemen. Economic data continues to soften, souring Crude Oil bids. OPEC production...
Share: WTI declined on Thursday, extending losses as broad-market risk flows reverse direction. Crude Oil markets are facing declines, shrugging off an unexpected decline in US...
Share: WTI prices gain ground near $74.30, adding 0.52% on the day. The weaker USD due to a raised bet on rate cuts from the Fed,...
Share: WTI chipped lower as shipping continued through Red Sea despite new rebel attacks. Crude bids are eating away at last week’s gains as shipping lanes...
Share: Russian Deputy PM Alexander Novak expressed his view on oil supply cuts and Brent oil prices in 2024, in his appearance on Wednesday. Key comments...
Share: Crude Oil whipsawed on Thursday as energies grappled with headlines pulling in multiple directions. Angola is the latest country to quit OPEC, further reducing OPEC’s...
Share: WTI price faced the challenge as US Crude inventories rose unexpectedly. US EIA Crude Oil Stocks Change rose to 2.909M barrels against the expected decrease of...
Share: Crude Oil production continues to outpace demand, fourth quarter’s steep drawdowns fail to materialize. WTI still pinned near $74.00 per barrel as energies keep aloft...
Share: WTI attempts to recover recent losses on Russia’s deepened oil export cuts. Russian Deputy Prime Minister Alexander Novak said that Russia would deepen oil cuts...
Share: Crude Oil markets are heading lower to close out the trading week. WTI is testing into the low end, shedding the $72 handle. US Crude...
Share: WTI price moves upward on the sentiment of reduced borrowing costs in the future. Crude oil prices receive support as US EIA Crude Oil stockpiles...
Share: WTI price extends its gains possibly on expectations of a rise in monthly US CPI. Market expects US CPI (YoY) to ease to 3.1% and...
Share: WTI gained ground on the back of solid US economic data released on Friday. US has initiated the purchase of up to three million barrels...
Share: WTI’s Friday bounce still sees Crude Oil down for a seventh straight week. US Crude Oil fell to a near-term floor of $69.01 on Thursday....
Share: WTI slides more than 3% after a rise in US gasoline stockpiles. Crude Oil inventories fall by 4.6 million barrels, surpassing forecasts; market sentiment shifts...
Share: WTI prices trade in negative territory, losing 0.04% on the day. Moody’s downgraded China’s sovereign credit rating from stable to negative, citing the increasing risks...
Share: WTI marks a four-day decline, impacted by Greenback’s recovery and demand-supply dynamics. OPEC+ agrees on 2.2 million bpd cuts for Q1 2024; Russia hints at...
Share: USD/CAD scales higher for the second straight day amid bearish Crude Oil prices. The risk-off mood benefits the safe-haven USD and contributes to the downfall....
Share: WTI trades in negative territory for the third consecutive day on Monday. OPEC+ supply cuts agreed raising questions about how output cutbacks should be split...
Share: Crude Oil rises, then tumbles again in frothy energy markets. WTI backslides into $74.50 in exacerbated market volatility. OPEC production cuts unlikely to eat away...