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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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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,...
Ukraine war, pandemic set to speed Europe’s green energy transition, report finds
BRUSSELS, June 2 (Reuters) - Most European Union countries have boosted their renewable plans since 2020, putting them on course to cut fossil fuel...
Tight Asia capacity limits room for new LNG ships – Korea Shipbuilding exec
By Joyce Lee and Florence Tan SEOUL (Reuters) - Korea Shipbuilding & Offshore Engineering (KSOE) has mostly filled its order book for the next 2-1/2...
Oil Down, Investors Await OPEC+ Meeting
Oil was down on Thursday morning in Asia, falling by around $3 a barrel in early Asian trading. Investors cashed in on a recent...