China’s crude oil imports rose to 12.1 million barrels per day in March, according to data from the customs authority, Commerzbank’s commodity analyst Carsten Fritsch…
In its monthly oil market report published on Tuesday, the International Energy Agency (IEA) cut the 2025 world oil demand growth forecast to 730k barrels per day (b/d)…
Created on April 14, 2025 Bearish view Sell the WTI crude oil and set a take-profit at $55. Add a stop-loss at $65. Timeline: 1-5…
Created on April 14, 2025 The West Texas Intermediate Crude Oil Market has shown itself to be very bullish at this point, although it is…
Created on April 11, 2025 It’s been a pretty rough day during the trading session on Thursday for the crude oil market and you can…
The price of Russian ESPO crude fell below $60 per barrel for the first time at the beginning of the week, while the price of…
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…
Created on April 10, 2025 The light sweet crude oil market has initially gotten hammered, but as you can see, we have seen the market…
Created on April 09, 2025 The light sweet crude oil market or West Texas Intermediate has been somewhat stable during the trading session on Tuesday.…
USD/CAD meets with a fresh supply on Wednesday, though it lacks follow-through. Bet for multiple Fed rate cuts in 2025 weigh on the USD and…