Tag: oil
Brent Oil Price Struggles to Break Key Level – Forecast for 11-12-2024
Jennifer -
Brent oil prices failed to break the $72.06 level, but have shown positive movement at today’s open, setting the stage for potential gains in...
Indonesia’s IDX Composite Index Closes Higher, Gaining 0.37%
Jennifer -
Indonesia's stock market closed on a positive note on Wednesday, with the IDX Composite Index rising 0.37%, reaching a new one-month high. The upward...
Crude Oil Price Faces Bearish Pressure After Testing Key Resistance: Forecast for December 10, 2024
Jennifer -
Crude oil prices tested the key resistance level at $68.64, but failed to break through, resulting in a bearish bounce. This supports expectations for...
Brent Oil Price Posts Intraday Gains, Faces Potential Bearish Pressure: Forecast for December 10, 2024
Jennifer -
Brent oil prices continued their upward movement yesterday, surpassing the $72.06 level and reaching the $73.00 barrier. However, the 50-period Exponential Moving Average (EMA50)...
Which Oil is Best for Petrol Engines?
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Choosing the right oil for your petrol engine is essential for maintaining its performance, efficiency, and longevity. Engine oil plays a pivotal role in...
Indonesia Stocks Close Lower Amid Sector Weakness; IDX Composite Falls 0.38%
Jennifer -
Indonesia's equity markets ended Thursday in negative territory, with the IDX Composite Index declining by 0.38%. Losses in key sectors such as Financials, Agriculture,...
Crude Oil Price Forecast: Bearish Trend Continues
Jennifer -
Crude oil prices have been hovering around the $68.64 mark since the morning of December 5, 2024, as the market awaits a breakout to...
Taiwan Stocks Fall, Taiwan Weighted Index Drops 0.16%
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Taiwanese stocks ended lower on Friday, with losses in the Electricity and Glass sectors weighing on the market. At the close, the Taiwan Weighted index...
Turkish Stock Exchange Flat at Open: BIST 100 Slightly Up
Jennifer -
The Turkish stock market opened flat on Thursday, with the BIST 100 index registering a very modest increase. The index stood at 9,640.57 points,...
Taiwan Stocks Close Lower: Taiwan Weighted Declines 1.17%
Jennifer -
Taiwan's stock market ended lower on Wednesday, with the Taiwan Weighted index dropping by 1.17%. The decline was primarily driven by losses in the...
Brent Oil Price Forecast Update – November 8, 2024
Jennifer -
Brent crude oil is experiencing downward pressure, having broken below the $75.36 level, and is expected to continue facing bearish sentiment for the remainder...
Brent Oil Price Forecast – November 7, 2024
Jennifer -
Brent oil prices are showing a bearish bias as they test the $75.36 level, which is a critical point for the continuation of the...