Tag: EIA

Oil prices edged higher on Wednesday as market participants responded to a notable drop in U.S. crude and gasoline inventories, coupled with growing concerns...

Here’s a breakdown of the situation: Oil Prices Surge Amid Geopolitical Tensions 1. Price Movements: WTI Crude: The U.S. benchmark crude oil price rose by 2.53% to...

Oil prices saw an increase on Thursday, extending gains from the previous session due to heightened geopolitical tensions in the Middle East. The killing...

Crude oil trading can be highly lucrative, yet it involves a considerable level of risk and complexity. As a cornerstone commodity in the global...

Crude oil is one of the most actively traded commodities in the world. Its price movements are influenced by a myriad of factors, including...

Oil prices rose on Wednesday, driven by positive global demand forecasts from the U.S. Energy Information Administration (EIA) and the Organization of the Petroleum...

Oil prices remained near four-month lows on Wednesday as markets anticipated a supply increase later this year when OPEC+ begins to unwind some output...

Oil prices held steady on Friday, with investors weighing the latest statements from the U.S. Federal Reserve regarding interest rates amidst persistent inflation concerns....

Oil prices dipped by over 1% on Wednesday, marking their third consecutive day of decline. This downward trend is attributed to growing expectations that...

Oil prices saw a continued upward trend on Thursday, building on gains from the previous session. The surge was attributed to signs of heightened...

Oil prices edged lower, as indications of easing supply concerns took precedence, while market attention turned towards upcoming U.S. stockpiles data expected later in...

Oil prices experienced a downturn in early Asian trading on Wednesday, driven by data indicating a buildup in both crude and fuel inventories in...