Browsing: Oil
Oil prices received support in the middle of the week from an unexpectedly sharp decline in US Crude Oil inventories…
WTI barrel bids continued to churn on the low side of $64 on Tuesday.The EIA has forecast a continued climb…
Data from Bloomberg suggests that US President Trump’s threat of punitive tariffs against India has apparently already had an effect,…
Saudi Arabia has raised its official selling prices for oil deliveries to Asia in September, Commerzbank’s commodity analyst Carsten Fritsch…
According to a Bloomberg survey, OPEC production fell slightly in July to 28.31 million barrels per day, Commerzbank’s commodity analyst…
WTI Crude Oil falls over 3% intraday on Friday but remains up 2.25% for the week.Geopolitical volatility spikes after US…
West Texas Intermediate declines as Venezuela and OPEC+ increase concerns about oversupply.Clarity on US–EU and US–China trade talks may guide…
WTI Crude Oil remains under pressure near mid-$65s amid thin holiday trading and a lack of fresh catalysts.Traders remain cautious…
WTI Crude trades in a tight range near $64.50, consolidating after a sharp drop triggered by the Iran–Israel ceasefire.Geopolitical risk…
WTI Crude Oil reports the largest weekly loss since March 2023.OPEC prepares to increase supply by an additional 411,000 barrels…