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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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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...
Oil prices skid $3 a barrel as investors take profits ahead of OPEC+ meeting
By Yuka Obayashi TOKYO (Reuters) - Oil prices fell by around $3 a barrel in early Asian trade on Thursday as investors cashed in on...
Oil prices slide after report Saudi Arabia could step up if Russian output dips under sanctions
Oil prices dropped more than 2% following a report that Saudi Arabia is prepared to raise crude production if Russia’s output significantly falls following...