Enverus reports a slowdown in upstream M&A activity, with $12 billion in deals due to fewer targets and volatile crude prices ...
Most notably, prices pushed above the crucial retracement zone of $69.21-$71.63, setting up the potential for an extended rally if geopolitical tensions escalate. The oil market’s focus remains ...
Crude oil faces technical hurdles at $69.21 as OPEC cuts demand forecasts for 2024-25. Weak Chinese demand weighs on market.
Oil futures finished higher for a third consecutive session on Thursday, but prices remained lower for the week on the back ...
Romero said the oil prices increased for the past four days as the storm is expected to cut the United States output in the ...