Tag: OPEC
Will Brent Oil Go Up: A Complete Overview
Jennifer -
The world of commodities trading, particularly in the realm of energy, is highly dynamic and influenced by a myriad of factors. Brent oil, one...
WTI vs. Brent Crude Oil: Understanding the Differences
Jennifer -
WTI and Brent are two of the most well-known and widely traded types of crude oil in the world. Both serve as benchmarks for...
Oil Prices Rise as Markets Focus on Supply Tightness
Jennifer -
Oil prices climbed by more than $1 a barrel on Wednesday as markets shifted their focus to supply tightness heading into the winter season...
Oil Prices Retreat from 10-Month Highs as Profit-Taking Commences
Jennifer -
Global oil prices surged to their highest levels in 10 months on Tuesday before experiencing a slight retreat, as investors seized the opportunity to...
Oil Prices Could Briefly Touch $100 Due to Output Cuts and Geopolitical Tensions, Says Citi
Jennifer -
Citi's global head of commodity research, Ed Morse, and his team have predicted that oil prices could surge towards $100 per barrel in the...
Oil Prices Continue to Rise Amid Supply Concerns
Jennifer -
Oil prices extended their gains on Tuesday, marking the fourth consecutive session of increases, as concerns about weak U.S. shale production intensified worries about...
What is oil trading for right now: A Complete Overview
Jennifer -
Oil trading is a cornerstone of the global economy, with the price of crude oil having a profound impact on various sectors, from transportation...
Oil Prices Steady as Market Awaits Monthly Oil Forecasts
Jennifer -
Oil prices showed minimal change on Monday, with Brent crude settling at $90.64 per barrel, down just 1 cent, and U.S. West Texas Intermediate...
What countries produce oil: A Global Overview
Jennifer -
Oil production is a critical driver of the global economy, powering industries, transportation, and everyday life. Several countries around the world contribute significantly to...
Why oil stocks went down today: A Simple Guide
Jennifer -
Oil stocks are a crucial component of the global financial market, and their performance is closely scrutinized by investors, analysts, and economists. On any...
European Stocks Lower as Weak Chinese Data Sets Scene for European Disappointment
Jennifer -
European stock markets experienced declines on Tuesday, influenced by weak Chinese economic data just ahead of the release of the final business activity figures...
Oil Prices Retreat on Potential Supply Easing and China Economic Concerns
Jennifer -
Oil prices experienced a marginal decline on Tuesday, awaiting clarity on whether Iraqi exports through the Ceyhan oil terminal would resume, a move that...