OPEC+ is implementing another aggressive supply hike. Effective in June, this increase solidifies a shift in policy. With prospects of further large supply increases in…
WTI price advances even as global supply concerns mount after OPEC+ moves to accelerate production hikes. The OPEC+ has pledged an additional 411,000 barrels per…
WTI has dropped to a three-week low, pressured by fears of a potential supply boost from the Saudi-led OPEC+ alliance. The US economy contracted in…
US Secretary of Commerce Howard Lutnick unveiled White House’s plans for US auto markers. Key Quotes Adjustments to autos tariffs are aimed at allowing domestic…
WTI plummets sharply to near $62.00 as OPEC+ is likely to increase oil production over three times from May onwards. Kazakhstan stated that the Oil…
WTI price may come under pressure as investors evaluate the potential for an accelerated output increase by OPEC+. Kazakhstan, an OPEC+ member, has indicated it…
The fact that Silver cannot keep pace with gold is explained by the importance of industrial demand, which is developing less dynamically than previously expected,…
WTI price rises amid growing concerns over tighter global supply, driven by new US sanctions on Iran. The Trump administration announced fresh sanctions aimed at…
WTI price declines as ongoing US-China trade tensions continue to dampen the demand outlook. The US announced a steep increase in tariffs on Chinese imports,…
WTI price gains momentum to near $69.60 in Thursday’s early Asian session. Trump said any country buying Venezuelan oil will face a 25% tariff. Crude…