OPEC+ to further speed up oil output hikes Global Forex Updates May 5, 2025 The Organization of the Petroleum Exporting Countries and allies (OPEC+) is set to further speed up oil output hikes. Citing five sources, Reuters reported…
WTI rises to near $59.50 due to potential easing of UK-China tensions Global Forex Updates May 2, 2025 WTI price rises due to growing optimism over a potential easing of tensions between the US and China.Trump indicated possible…
High inventory adds pressure on oil – ING Global Forex Updates April 30, 2025 The oil market continued to decline for a third straight session this morning, ING’s commodity experts Ewa Manthey and Warren…