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8 OPEC+ Members Extend Voluntary Oil Output Cuts by One Month

VIENNA: Eight member countries of the OPEC+ oil-producing group announced on Sunday that they will extend their voluntary output cuts by one month, continuing...

Why Is Canadian Oil So Cheap?

Understanding the dynamics of oil pricing is essential for grasping the complexities of the global energy market. Canadian oil, particularly from Alberta’s oil sands,...

How Do You Add Crude Oil to MT4?

MetaTrader 4 (MT4) is one of the most popular trading platforms used by retail traders globally. While it is known primarily for Forex trading,...

What Does Brent Stand For?

Brent crude oil is one of the most significant benchmarks in the global oil market, widely recognized...

Which Crude Oil is the Best in the World?

Crude oil is a vital commodity in the global economy, powering industries, fueling transportation, and serving as...

Does OPEC Use Brent or WTI?

The Organization of the Petroleum Exporting Countries (OPEC) plays a crucial role in the global oil market,...

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The Oil Price Rally Shows No Sign Of Slowing

The U.S. national average for gasoline hit $5 per gallon last week, the highest ever. Brent crude is trading at $120 per barrel and...

Oil Climbs Back To Nearly $123

Bearish sentiments on oil demand coming from renewed COVID lockdowns in China that shaved $4 off oil prices early on Monday failed to maintain...

Crude oil likely to remain volatile ahead of US Fed meeting; $110-125 per barrel range eyed

Crude oil and gasoline prices have been a hot topic for almost everyone recently as the basket of crude oil that India buys has...

Gasoline Prices In U.S. See Eighth Rise In As Many Weeks

Gasoline prices rose for the eighth straight week, according to a Monday GasBuddy newsletter, cautioning that the United States is just one supply jolt...

OPEC Reference Basket (ORB) US Dollars per Barrel:OPEC BASKET PRICE ON JUNE13TH 2022

In June of 2022, the average price of the OPEC basket so far this month is $119.6 per barrel, while the price was $113.94...

Crude oil prices on fire again

Crude oil prices have surged to a three-month high, with Brent rising nearly $10 per barrel since the government slashed duties on petrol and...

Crude Oil Price Forecast – Crude Oil Markets Pull Back

WTI Crude Oil Technical AnalysisWest Texas Intermediate Crude Oil markets pulled back a bit during the trading session on Monday as the $120 level...

Crude Oil Prices Today:BRENT PRICE ON JUNE10TH 2022

Crude Oil Prices Today:The oil price for Brent crude oils in June was $126.41 per barrel while the price was $113.34 per barrel in...

Energy & Precious Metals – Weekly Review and Outlook

The U.S. job market isn’t giving up easily, meaning its ‘shadow’ —  the oil market — won’t either. With neither slowing significantly,  good luck...

Russian oil output faces long-term decline as Western firms exit, Chevron CEO says

Russia still has buyers for much of its oil despite sanctions but will face difficulty overcoming the loss of western technology and capital, as...

What is windfall tax on oil companies?

Crude oil price is rising. As the burden on people's pocket is increasing, experts are suggesting one-time 'windfall tax' on companies that have profited from the price rise. What is 'windfall tax'?

OPEC+ to stick to oil rise plan despite EU sanctions -sources

DUBAI/LONDON, June 1 (Reuters) - OPEC+ is set to stick this week to its monthly modest oil output increases despite seeing tighter global markets,...

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