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Crude Oil Price Hits Target – Market Forecast for February 24, 2025
Crude oil prices continued their downward movement, successfully reaching the anticipated target of $70.30, where they are currently consolidating. The price is exerting negative...
Crude Oil Price Hits Target – Forecast for February 17, 2025
Crude oil prices have successfully reached the anticipated target of $70.30, finding solid support at this level. However, the price has returned to the...
Brent Oil Price Reverses Negative Trend: Positive Outlook for February 11, 2025
Brent crude oil prices saw a notable surge yesterday, breaking through the $76.00 mark. This movement effectively nullified the negative influence of the head...
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Oil Prices Set for Third Straight Weekly Fall Amid Tariff Concerns
Oil prices experienced daily gains on Friday but are still on track for a third consecutive weekly...
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What Plastic Is Safe for Gasoline?
Gasoline is a highly flammable and volatile substance that requires careful handling and storage. The materials used...
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How Long Can You Keep Petrol in a Plastic Container?
Storing petrol (gasoline) for future use is something many individuals and businesses may need to do. Whether...
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The latest query on international crude oil futures prices (June 27, 2022)
The latest query on international crude oil futures prices (June 27, 2022) name Price (USD/Barrel) ups and downs Quote change(%) date WTI crude oil 107.06 3.03 2.91 2022/06/27 Brent Crude 108.99 2.79 2.63 2022/06/27
Brent oil prices may soar to $150 a barrel
On June 23, local time, according to the US Drilling website, the Bank of America Global Research Center predicted in a new report sent...
How Fed Rate Hikes Affect Oil
Oil prices fell. The Fed raises interest rates to promote the appreciation of the US dollar. Oil is priced in US dollars. If the...
brent crude oil price today_brent crude price live in dollars(2022.6.23)
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 14:45:56 Day Low 107.02500 Last Daily 114.76500 Day High 114.76500 Live Brent Oil Price...
Oil falls around 3% as investors eye U.S. Fed rate hikes
Oil prices tumbled around 3% on Wednesday as investors worried that rate hikes by the Federal Reserve could push the U.S. economy into recession,...
Explainer: Why is there a worldwide oil-refining crunch?
Drivers around the world are feeling pain at the pump with fuel prices soaring, and costs are surging for heating buildings, power generation and...
U.S. Gasoline Demand Increasing, Not Waning
U.S. gasoline demand increased by 5.5 percent on Sunday compared to the previous Sunday and was 11.4 percent higher than the average U.S. demand...
EIA: US Refining Capacity Sinks To Near Decade Low
Operable refining capacity in the United States hit a nearly decade low in 2022, the EIA’s latest Refining Capacity Report showed on Tuesday. U.S. refining...
The EU Is Considering Capping Gas Prices
Italy’s idea that the EU impose a cap on natural gas prices has emerged as the “only sustainable solution” to soaring energy prices, Italian...
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...