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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...

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...

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,...

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

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

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

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)

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

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

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

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

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

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

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

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

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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