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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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Brent Oil Price Forecast – November 7, 2024
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Brent oil prices are showing a bearish bias as they test the $75.36 level, which is a critical point for the continuation of the...
Crude Oil Price Faces Strong Resistance – Forecast for November 6, 2024
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Crude oil prices are currently fluctuating around the 72.15$ level, where strong resistance is being encountered. The market is waiting for a positive catalyst...
8 OPEC+ Members Extend Voluntary Oil Output Cuts by One Month
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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...
What Causes High Oil Prices?
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Oil prices play a significant role in shaping the global economy. As a key resource for industries, transportation, and energy, fluctuations in oil prices...
Why Is Canadian Oil So Cheap?
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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?
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In the world of financial markets, commodities trading plays a critical role in shaping economies and investment strategies worldwide. Among these commodities, crude oil...
How Do You Add Crude Oil to MT4?
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MetaTrader 4 (MT4) is one of the most popular trading platforms used by retail traders globally. While it is known primarily for Forex trading,...
What Does Brent Stand For?
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Brent crude oil is one of the most significant benchmarks in the global oil market, widely recognized for its pricing and its role as...
Which Crude Oil is the Best in the World?
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Crude oil is a vital commodity in the global economy, powering industries, fueling transportation, and serving as a raw material for countless products. However,...
Does OPEC Use Brent or WTI?
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The Organization of the Petroleum Exporting Countries (OPEC) plays a crucial role in the global oil market, influencing prices, production levels, and even geopolitical...
Which Country Uses the Most Oil Per Day?
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The global landscape of oil consumption reflects a complex interplay of economic activity, population density, technological advancement, and energy policies. Oil remains one of...
What Raises Crude Oil Prices?
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Crude oil is one of the most critical commodities in the global economy, serving as the lifeblood of energy production, transportation, and various industrial...