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Crude Oil Price Under Negative Pressure – Forecast for Today (18-12-2024)
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...
Crude Oil Price Forecast – December 16, 2024
Crude oil prices are displaying a slight bearish bias, approaching the key support level at $70.58. For the bullish trend to remain valid, the...
Brent Oil Prices Reach Target – Forecast for 12-12-2024
Brent oil prices surged higher yesterday, successfully reaching the anticipated target of $73.90. The price is now testing the potential to break through this...
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Crude Oil Prices Hit Target – Forecast for 12-12-2024
Crude oil prices successfully reached the anticipated target of $70.58 and are currently consolidating near this level....
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Brent Oil Price Struggles to Break Key Level – Forecast for 11-12-2024
Brent oil prices failed to break the $72.06 level, but have shown positive movement at today’s open,...
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Crude Oil Price Faces Bearish Pressure After Testing Key Resistance: Forecast for December 10, 2024
Crude oil prices tested the key resistance level at $68.64, but failed to break through, resulting in...
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Iran’s Oil Exports Surge In June
Iran’s crude oil exports are estimated to have jumped to an average of 961,000 barrels per day (bpd) between June 1 and June 19,...
API Reports Biggest Crude Oil Inventory Rise Since February
The American Petroleum Institute (API) reported a build this week for crude oil of 5.607 million barrels, while analysts predicted a draw of 1.433...
Biden Calls On Congress To Suspend Federal Gas Tax
U.S. President Joe Biden called on Congress today to suspend the federal gas tax for the next 90 days. “Today, I’m calling on Congress to...
brent crude oil price today_brent crude price live in dollars(2022.6.22)
brent crude oil price today_brent crude price live in dollars: Live Brent Oil Dollars price: BRT USD 108.22000 -6.55 -5.7% Updated 16:53:26 Day Low 107.02500 Last Daily 114.76500 Day High 114.76500 Live Brent Oil Price...
WTI vs Brent: Top 5 Differences Between WTI and Brent Crude Oil
Oil is one of the most actively traded commodities in the world, and for good reason. It has the power to slide economies into...
WHY TRADE CRUDE OIL?
Crude oil is the world economy’s primary energy source, making it a very popular commodity to trade. A naturally occurring fossil fuel, it can...
brent crude oil price today_brent crude price live in dollars(2022.6.20)
brent crude oil price today_brent crude price live in dollars: Live Brent Oil Dollars price: BRT USD 112.57000 -1.41 -1.24% Updated 15:40:27 Day Low 111.54000 Last Daily 113.98000 Day High 114.23000 1 BRT 112.56 USD 5 BRT 562.8...
Oil wobbles as global economic worries offset tightening supply
Oil prices edged down on Monday, reversing earlier gains, as concerns about slowing global economic growth and fuel demand offset worries about tightening supplies. Brent...
China’s May oil imports from Russia soar 55% to a record, surpass Saudi supply
China's crude oil imports from Russia soared 55% from a year earlier to a record level in May, displacing Saudi Arabia as the top...
What is crude oil?
Crude oil, also known as "black gold", is a liquid or semi-solid combustible material. Like coal and natural gas, it is a non-renewable fossil...
Is crude oil futures or spot?Is there a difference?What say normally fry crude oil and futures distinction in the end where?
Internationally, crude oil investment can be divided into spot investment and futures investment. Futures trading is a form of centralized trading of standardized forward contracts.The...
Differences between EIA and IEA?
The iea is usually referred to as the International Energy Agency.The international energy agency, also known as "the international energy agency, was established in...