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Brent and Light Crude Oil Prices Fall in London and New York
The prices of both Brent crude oil and Light crude oil saw declines in trading on April 2, 2025. On the London ICE (Intercontinental...
US Crude Oil Price Faces Key Support at $68.90 – Market Forecast for March 31, 2025
US crude oil prices have been trading sideways in recent intraday sessions as the market seeks a bottom to build momentum for a potential...
Does Gasoline Evaporate Quickly?
Gasoline, a crucial fuel for many vehicles, machines, and industries, is well-known for its volatile nature. It's a liquid fuel derived from crude oil...
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The Commodities Feed: Sanctions Push Oil Higher
Energy – US Tightens Sanctions on Iranian Oil Exports Oil prices saw a significant rally yesterday, with ICE...
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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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What Grade is Premium Petrol?
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Premium petrol is a term that often causes confusion for consumers, especially when it comes to understanding the grades and types of fuel available...
What Is Premium Petrol?
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Premium petrol, often referred to as high-octane fuel, has become a widely recognized term in the world of automotive fuel types. Car owners, drivers,...
Can Gasoline Be Stored Inside a Building?
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Gasoline is a highly volatile and combustible liquid used in a variety of applications, including fueling vehicles, lawn mowers, and generators. While it is...
What Is the Best Way to Store Gasoline at Home?
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Storing gasoline at home is a task that requires careful consideration and strict adherence to safety protocols. Whether for use in lawnmowers, generators, or...
Crude Oil Price Completes Negative Pattern – Forecast for January 22, 2025
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Crude oil price has confirmed a break below the $77.53 level, settling with a daily close beneath it. Upon analyzing the chart, it is...
Brent Oil Price Approaches Target – Forecast for January 22, 2025
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Brent oil price continued its downward movement yesterday, nearing the target of $78.39, which corresponds to the 38.2% Fibonacci retracement level of the recent...
Oil Prices Rise on Supply Fears, Rate Cut Speculations
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Oil prices climbed on Friday, heading for a fourth consecutive weekly gain, fueled by growing concerns over tighter supply following U.S. sanctions on Russian...
Oil Prices Rise on Positive Chinese Economic Data, Easing Middle East Tensions Limit Gains
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Oil prices saw modest gains in early trading on Friday, supported by stronger-than-expected Chinese economic data, but geopolitical developments in the Middle East capped...
Oil Prices Set for Third Consecutive Weekly Gain Amid Rising Winter Fuel Demand
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Oil prices rose in early Asian trade on Friday, poised for a third consecutive week of gains, driven by increasing fuel demand due to...
Crude Oil Price Surpasses Initial Target, Eyes Further Gains
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Crude oil prices have successfully reached the first target of $72.15, marking a significant milestone in the ongoing bullish trend. As of today, the...
Crude Oil Price Breaches Key Resistance – Market Outlook for 30th December 2024
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Crude oil prices have opened today with strong bullish momentum, successfully breaking above the key resistance level at $70.58. This breach suggests the activation...
Oil Prices Rise on China Stimulus Measures and US Stockpile Decline
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Oil prices surged on Thursday, driven by expectations that China’s new stimulus measures could boost demand, alongside a report showing a continued decline in...