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Oil Imports Exempted from Trump’s Sweeping Tariffs
WASHINGTON — The U.S. oil industry received a significant relief on Wednesday as imports of oil, gas, and refined products were exempted from President...
What Container Can I Put Petrol In?
When handling petrol (gasoline), safety is of paramount importance. Whether you need to store petrol temporarily, transport it for use in small engines, or...
The Commodities Feed: Sanctions Push Oil Higher
Energy – US Tightens Sanctions on Iranian Oil Exports Oil prices saw a significant rally yesterday, with ICE Brent crude closing more than 1.7% higher...
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US Slaps Iran-Related Sanctions on Oil Tankers, Chinese ‘Teapot’ Refinery
On Thursday, the U.S. Treasury Department imposed new sanctions targeting entities linked to Iran’s oil trade. Among...
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Brent Oil Price Forecast – March 14, 2025
Brent oil prices are making a push to break above the $70.75 level, which, as highlighted earlier,...
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Brent Oil Price Attempts Recovery – Forecast for March 12, 2025
Brent oil prices have risen past the $70.10 level, reaching the resistance line of the bearish channel...
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Brent Oil Price Hits First Target – Forecast for March 11, 2025
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Brent oil prices have experienced a notable decline in recent sessions, successfully reaching the first expected negative target at $69.15. Starting today with a...
Brent Oil Price Forecast Update – March 7, 2025
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Brent crude oil prices have surged past the $70.40 mark, making an effort to maintain momentum above this level. A closer analysis of recent...
Brent Oil Price Attempts Recovery – March 6, 2025 Forecast
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Brent oil prices experienced a noticeable upward bounce after testing the $68.70 level in previous sessions, driven by stochastic indicators showing positive momentum. The...
Brent Oil Price Faces Resistance as Momentum Slows (March 3, 2025)
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Brent oil price is currently testing the key resistance level of $74.00, which forms a significant cluster of resistance on the chart. However, the...
Natural Gas and Oil Price Forecast: OPEC+ Decisions and Economic Dynamics Influence Market Outlook
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Market Overview: Oil prices are poised for their first monthly decline since November, with concerns about global economic growth and fuel demand fluctuations taking...
Brent Oil Price Rises, Tests $74 Mark – February 28, 2025 Forecast
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Brent crude oil prices have continued their upward trend, testing the $74 per barrel level. However, the price has faced resistance and remains below...
Brent Oil Prices Resume Main Bearish Trend – Forecast for February 26, 2025
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Brent oil prices experienced a sharp decline yesterday, breaking below the $74.00 level, signaling a continuation of the bearish trend within the established bearish...
Crude Oil Price Hits Target – Market Forecast for February 24, 2025
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Crude oil prices continued their downward movement, successfully reaching the anticipated target of $70.30, where they are currently consolidating. The price is exerting negative...
Crude Oil Price Faces Negative Pattern – February 21, 2025 Forecast
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Crude oil prices saw a rise yesterday, reaching the 72.65$ mark. Holding above 72.30$ continues to support the possibility of further gains in the...
Crude Oil Price Hits Target – Forecast for February 17, 2025
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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...
Oil Prices Set to End Three-Week Losing Streak Amid U.S. Tariff Delays and Rising Demand
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Oil prices are poised to break a three-week losing streak as a combination of factors, including rising fuel demand and U.S. tariff delays, supported...
Brent Oil Price Reverses Negative Trend: Positive Outlook for February 11, 2025
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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...