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…
The outlook for the Oil price remains grim as the OPEC+ has announced that it will speed up the unwinding of 2.2 million bpd output…
WTI price loses momentum to near $55.75 in Monday’s Asian session, down 4% on the day. OPEC+ is set to further speed up oil output…
WTI struggles to preserve modest intraday gains amid mixed fundamental cues. Hopes for a US-China trade deal and a weaker USD lend support to the…
WTI price rises due to growing optimism over a potential easing of tensions between the US and China. Trump indicated possible trade agreements with India,…
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…
WTI price edges lower to $57.80 in Thursday’s Asian session. Saudi Arabia is taking strategic steps to maintain its economic stronghold by increasing oil production. …
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%,…
WTI struggles to attract buyers amid worries that the US-China trade war will dent fuel demand. OPEC+ plans to increase output and perceived progress on…
WTI price declines as progress in US-Iran nuclear talks raises the possibility of Iranian crude returning to the market. The potential for OPEC+ to increase…