Tag: oil price
Gulf Oil Investment Seen Resilient Despite Crude Price Slump
Jennifer -
Despite international oil prices plunging to their lowest levels in four years, Gulf countries are expected to press ahead with their exploration and production...
Investor Concerns Mount as Slumping Oil Prices Threaten Big Oil Buybacks
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Investors are bracing for potential cutbacks in share repurchase programs and other capital returns as falling oil prices put pressure on cash flows at...
ECB Policymakers Lean Toward June Rate Cut
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Sources within the European Central Bank (ECB) have indicated that a consensus is forming among policymakers for a potential interest rate cut in June....
Seaborne Oil Exports from Iran to China Hit Record Levels
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China's oil imports have surged, with Iranian seaborne oil exports reaching a record level in March. According to tanker tracking consultancy Vortexa, Chinese imports...
Oil Prices Post Weekly Gains on Trade Deal Hopes and New Sanctions
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Oil prices rose sharply on Thursday, posting a weekly gain as optimism surrounding a potential trade deal between the United States and the European...
Oil Markets Close for Good Friday, But Prices Rise Ahead of Holiday
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Oil markets were closed on Good Friday, a holiday observed before Easter Sunday, but the benchmarks saw a notable uptick in trading on Thursday,...
Crude Oil Prices Test Key Resistance – Market Analysis for April 14, 2025
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Crude oil prices experienced a slight decline in recent intraday trading, as the market tested the critical resistance level at $61.50. This price point...
Rupee Jumps 51 Paise to 86.17 Against Dollar on Weaker Greenback, Positive Market Sentiment
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The Indian rupee surged in early Friday trading, strengthening by 51 paise to 86.17 against the U.S. dollar, buoyed by a combination of bullish...
Crude Oil Price Struggles to Maintain Recovery Amid Bearish Pressure – Analysis for April 8, 2025
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Crude oil prices edged higher during intraday trading, attempting to recover a portion of recent losses. However, the broader short-term trend remains firmly bearish. Despite...
Brent Crude Attempts Resistance Retest Amid Lingering Downward Pressure – Analysis for April 8, 2025
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Brent crude oil prices advanced in the latest intraday session, seeking to recover from a recent steep decline and testing key resistance at $64.80....
Brent and Light Crude Oil Prices Fall in London and New York
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The prices of both Brent crude oil and Light crude oil saw declines in trading on April 2, 2025. On the London ICE (Intercontinental...
Brent Crude Price Tests Key Resistance at $73.60 – Market Forecast for March 31, 2025
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Brent crude oil prices have shown upward movement in recent intraday trading as they attempt to break through the critical resistance level at $73.60....