Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed ...
Both contracts had fallen by more than 5% over the previous two trading sessions. China on Friday unveiled a 10 trillion yuan ...
OPEC lowered its global oil demand growth forecast for 2024 and 2025 for the fourth month in a row, citing weaker demand in ...
OPEC has been wrong-footed by the ... production growth is going to be largely dictated by price,” Warren Patterson, head of commodities strategy at ING, says. Amidst further uncertainties ...
Oil prices may see a drastic fall in the event that oil alliance OPEC+ unwinds its existing output cuts, said market watchers ...
At this point, there are no signs indicating that OPEC+ is on the brink of collapse. The leading countries in OPEC+ show that ...
Price moves -- West Texas Intermediate crude CL00 for December ... down 9% year-over-year. On Tuesday, OPEC, in its monthly report, cut its forecast for growth in global oil demand by 107,000 barrels ...
Crude Oil price is starting to show the pattern that precedes a breakout, with lower highs and higher lows. A breakout looks imminent from a purely technical point of view. With all these bearish ...
China’s modest fiscal measures disappointed markets, but further stimulus aimed at countering U.S. trade restrictions could ...
The firmer USD and OPEC's latest downward revision for demand growth could cap the WTI’s upside.
Khadija Khartit is a strategy, investment, and funding expert ... But prices have been anything but stable. Initially, OPEC ...