Oil prices remained under pressure at the start of the new trading week. Brent fell at times by more than 5% to $62.5 per barrel,…
Created on April 08, 2025 The crude oil market has been back and forth during the trading session on Monday, as we continue to ask…
![Light Crude Oil (CL) is targeting further declines in the near term [Video]](https://editorial.fxsstatic.com/images/i/Commodities_Oil-2_Large.jpg "Light Crude Oil (CL) is targeting further declines in the near term [Video]")
Light Crude Oil (CL) has exhibited a downward trajectory since reaching its high on January 16, 2025, with indications suggesting further declines ahead. The descent…
USD/CAD attracts some buyers for the second straight day amid a combination of supporting factors. Tumbling Oil prices, domestic political uncertainty, and Friday’s dismal jobs…
Created on April 06, 2025 WTI Crude Oil went into the weekend near the 61.950 price. At its lowest ratios on Friday the price of…
Oil prices came under significant pressure following US President Trump’s tariff announcements, Commerzbank’s commodity analyst Carsten Fritsch notes. Oil prices fall towards $65 per barrel…
Kazakhstan’s oil production is said to have risen to a new record level in March, Reuters reported, citing informed sources, Commerzbank’s commodity analyst Carsten Fritsch…
The eight OPEC+ countries with voluntary production cuts surprisingly announced yesterday that they would increase production by 411 thousand barrels per day in May. That…
Oil prices are under pressure this morning, following other risk assets lower, after the Trump administration unveiled a base tariff of 10% on all imports…
Created on April 02, 2025 The West Texas Intermediate or Light Sweet Crude market has seen a little bit of negativity during the trading session…