The Oil price oscillates in a tight range, awaiting the release of US EIA Crude Oil Stocks Change data. Trade deal between the US and…
WTI retreats despite EIA inventory miss. OPEC+ supply increases outweigh short-term US stockpile reduction, pushing WTI toward moving average support. Momentum indicators suggest that short-term…
WTI Crude Oil trades near $67.00 as price consolidates in a well-defined range. EIA cuts 2025 US production outlook, reinforcing a tightening supply narrative ahead…
The US Energy Information Administration (EIA) has revised its forecast for US crude oil production downwards, Commerzbank’s commodity analyst Carsten Fritsch notes. Decline in production…
The US Energy Information Administration (EIA) has revised its forecast for global oil demand downwards, Commerzbank’s commodity analyst Carsten Fritsch notes. Oversupply fears push oil…