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Brent Oil Price Forecast – November 7, 2024

Brent oil prices are showing a bearish bias as they test the $75.36 level, which is a critical point for the continuation of the...

8 OPEC+ Members Extend Voluntary Oil Output Cuts by One Month

VIENNA: Eight member countries of the OPEC+ oil-producing group announced on Sunday that they will extend their voluntary output cuts by one month, continuing...

Why Is Canadian Oil So Cheap?

Understanding the dynamics of oil pricing is essential for grasping the complexities of the global energy market. Canadian oil, particularly from Alberta’s oil sands,...

What is the Oil Symbol in Trading?

In the world of financial markets, commodities trading plays a critical role in shaping economies and investment...

How Do You Add Crude Oil to MT4?

MetaTrader 4 (MT4) is one of the most popular trading platforms used by retail traders globally. While...

What Does Brent Stand For?

Brent crude oil is one of the most significant benchmarks in the global oil market, widely recognized...

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From Barrels to Gallons: Demystifying the Measurement of Oil

Oil is one of the world's most vital commodities, playing a crucial role in various industries and economies. Understanding the measurement of oil is...

The IEA raised its crude oil supply forecast for this year

On June 14, the International Energy Agency (IEA) raised its 2023 oil supply forecast by 200,000 barrels to 101.3 million barrels per day, and...

The Beginner’s Guide to Investing in Oil and Gas

Oil and gas are among the most valuable natural resources in the world. They play a pivotal role in powering global economies, transportation, and...

The True Cost of a Barrel of Oil: What You Need to Know

The price of a barrel of oil is a key metric that influences global economies, energy markets, and the daily lives of individuals around...

How Long Will the Oil Industry Last

The oil industry has long been a cornerstone of global energy production and economic growth. However, in recent years, concerns about climate change, renewable...

WTI crude oil price today(May 29, 2023)

Today’s wti crude oil price (May 29, 2023) name Price (USD/Barrel) ups and downs Change (%) date WTI crude oil 72.87 1.06 1.48 2023/5/29 The above is the latest WTI...

What is the brent crude oil price today(May 29, 2023)

Today’s brent crude oil price(May 29, 2023) name Price (USD/Barrel) ups and downs Change (%) date Brent crude 77.17 1.03 1.35 2023/5/29 The above is the latest Brent crude oil price. For more oil price...

A Detailed Look at Daily Consumption Rates of Oil

Oil is one of the most important commodities in the world and is consumed on a daily basis, both by individuals and industries. The...

Today’s WTI crude oil price(May 25, 2023)

Today’s wti crude oil price (May 25, 2023) name Price (USD/Barrel) ups and downs Change (%) date WTI crude oil 74.22 0.44 0.60 2023/5/25 The above is the latest WTI...

Brent crude oil price chart(May 25, 2023)

Today’s brent crude oil price(May 25, 2023) name Price (USD/Barrel) ups and downs Change (%) date Brent crude 78.24 0.87 1.12 2023/5/25 The above is the latest Brent crude oil...

Argentina asks oil companies to finance imports themselves

The Argentine government has asked oil companies to provide 90-day financing for their own imports due to a shortage of foreign exchange at the...

How Long Does 100 Gallons of Oil Last? An Overview

When it comes to heating your home or property, oil is a popular choice among homeowners in many parts of the world. However, one...

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