Tag: oil price
Taiwan Stocks Close Lower; Taiwan Weighted Index Falls 0.88%
Jennifer -
Taiwan's stock market closed lower on Friday, with losses in key sectors including Oil, Gas & Electricity, and Computers & Peripherals contributing to the...
Rupee Hits Fresh All-Time Low of 85.80: Why Is the Indian Currency Falling Against the Dollar?
Jennifer -
The Indian rupee has hit a fresh all-time low of 85.80 per US dollar on Friday, marking a significant decline for the fourth consecutive...
Crude Oil Price Breaches Key Resistance – Market Outlook for 30th December 2024
Jennifer -
Crude oil prices have opened today with strong bullish momentum, successfully breaking above the key resistance level at $70.58. This breach suggests the activation...
Oil Prices Edge Higher on China Stimulus and U.S. Stockpile Decline
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Oil prices inched up on Thursday during thin holiday trading, supported by expectations of additional fiscal stimulus in China and a projected decline in...
U.S. Stocks Rally, Dow Jones Up 0.91%
Jennifer -
U.S. stocks closed higher on Tuesday, buoyed by strong gains in the Consumer Goods, Consumer Services, and Financials sectors. The Dow Jones Industrial Average...
Brent Oil Price Faces Temporary Pressure, Sideways Movement Expected – Forecast for Today – 24 December 2024
Jennifer -
Brent oil prices experienced a decline yesterday, reaching the 72.06 support level, before rebounding to trade around the 73.00 mark. The price may test...
Crude Oil Price Rebounds, Cancels Negative Formation – Forecast for December 23, 2024
Jennifer -
Crude oil prices have rebounded after approaching the $68.60 mark, effectively canceling the previously anticipated double top pattern. This upward movement now sets the...
Brent Oil Price – Sideways Movement Expected – Forecast for December 23, 2024
Jennifer -
Brent oil prices have reached a near-term high, coming close to the previously targeted 72.06 USD level, before bouncing upwards towards the 73.90 USD...
Indonesia Stocks Higher at Close of Trade; IDX Composite Index Up 0.39%
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Indonesia's stock market closed higher on Friday, with gains in the Financials, Infrastructure, and Agriculture sectors driving the overall rise in the IDX Composite...
Brent Oil Price Forecast Update – December 19, 2024
Jennifer -
Brent oil prices have remained relatively stable since the morning, with no significant movement observed. As a result, the bearish trend scenario remains intact...
Crude Oil Price Under Negative Pressure – Forecast for Today (18-12-2024)
Jennifer -
Crude oil prices have continued to experience downward pressure, with the price approaching the $69.00 barrier. The market is now eyeing further declines, potentially...
Brent Oil Price Receives Positive Momentum – Forecast for December 17, 2024
Jennifer -
Brent oil price is fluctuating around the critical support level of $73.90. As mentioned in yesterday's analysis, maintaining price levels above this support is...