The Organization of the Petroleum Exporting Countries and allies (OPEC+) is set to further speed up oil output hikes. Citing five sources, Reuters reported that this could bring back…
The CL contract initially plunged overnight but has seen a lot of buying pressure into the market as we had pressed an area that potentially…
Created on April 30, 2025 In the oil futures market contract, we have seen oil bounce around in the same range all month for April.…
Created on April 30, 2025 During the early hours on Tuesday, the Light Sweet Crude Oil market started falling, and it never stops. At this…
The oil market continued to decline for a third straight session this morning, ING’s commodity experts Ewa Manthey and Warren Patterson note. Prices are about…
WTI price depreciates amid mounting concerns over slowing global economic growth and weakening fuel demand. WTI is set for a monthly drop of over 15%,…
Oil prices edged lower in the early trading session today amid concerns that the US-led trade war will hurt energy demand, continuing the declines seen…
USD/CAD edges higher as easing tensions between the US and China support the US Dollar. China’s decision to exempt certain US imports from its 125%…
Created on April 25, 2025 The crude Oil market has rallied a bit during the trading session on Thursday, as we continue to see a…
Oil prices declined after reports emerged that OPEC+ is considering a major output increase in June, while Kazakhstan resists further production cuts to compensate for…