Oil prices continue to rise as concerns over supply disruptions in Russia intensify. WTI crude oil (CL) trades around $71.80, which extended its rally after Ukrainian drone attacks targeted a major ...
Today’s build in crude inventories is in line with seasonal trends and adds to the 4.1 million barrels that the EIA estimated for the week prior.
Investors see a lower risk premium in crude, leading to selling pressure in the oil market. As a result, oil prices have ...
Crude oil inventories in the United States saw a build of 4.1 million barrels during the week ending February 7 ...
Brent Crude ... saw the price rise to trade around 0.84% higher on the day just shy of the $77/barrel mark at the time of writing. Dropping down to a four-hour chart (H4), the bearish trend ...
From a technical point of view, there is no major shift in the underlying trend of crude oil prices, which remain modestly bearish. The WTI futures chart shows a series of lower highs starting ...
Consequently, the Brent crude oil price is forecasted to average $74/bbl ... s forecast continues to be slower than the pre-pandemic trend. Global liquid fuels consumption is forecast to increase ...
The price of Azerbaijan’s Azeri Light crude oil on a CIF basis ... now sitting at $76.42 per barrel, Trend reports, citing a source in the country's oil and gas market. On a FOB basis in the ...
Signals flashing ample crude supplies overshadowed U.S. threats to curb Iranian oil exports, sending prices down for a fourth ... and it will certainly trend even further into deficit in the ...
WTI crude oil prices have been volatile to begin 2025 ... with a low long-term EPS growth rate and neutral technical chart. Seasonal trends show mixed performance, with a range-bound price ...
refiners will hesitate to take up the US crude," said Ajay Sahai, CEO of the Federation of Indian Export Organizations. “Unless the US reduces the price of its oil or get some kind of tariff ...
The Brent crude oil price dropped on hopes of eased Russian sanctions following ... Analyse and deal seamlessly on fast, intuitive charts Get spreads from just 0.3 points on Spot Gold See and react to ...