U.S. benchmark crude log a nearly 5% weekly loss Oil futures settled at their lowest in over two months Friday with expectations for a supply surplus next year, strength in the U.S. dollar, and ...
Oil prices have fallen against a backdrop of a "looming surplus, even as the U.S. appears headed for a soft landing," said Michael Lynch, president of Strategic Energy & Economic Research.
Crude oil price parred some of its losses on Wednesday’s trade while remaining close to the one-month low hit about two weeks ...
Technical analysis suggests that oil prices are eyeing a bounce but could face resistance around $74.00 and $76.35. Click to ...
Oil prices were broadly stable despite ongoing investor disappointment over China’s stimulus plans and a stronger dollar, with investors awaiting the monthly OPEC and IEA reports, as any further ...
Brent crude oil prices have continued to slip, touching 71.74 USD a barrel on Tuesday. This marks a downturn influenced by ...
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...
Simply put, if oil climbs above $71.34, we might see bullish interest return, but staying below keeps the trend in favor of ...
Crude oil price held steady on Tuesday as investors’ focus remain fixated on the US presidential elections. In the previous ...
NEW YORK : Oil prices rose about 1 per cent on Friday to a one-week high on reports Iran was preparing a retaliatory strike on Israel from Iraq in the coming days. Brent futures gained $1.02 ...
Brent oil price ... However, if prices consolidate below $70.58, we may see a return to a bearish trend. Conversely, a break below $68.65 would halt the anticipated bullish momentum and prompt a ...