OPEC+ reportedly mulling pushing back oil supply increases that are due in April
That won’t make Trump too happy as he wants lower oil prices. The report says that the bloc is viewing that the oil market remains...
Tag : Oil
Crude Oil Weekly Forecast – 16/02: Lower Prices (Chart)
Created on February 16, 2025 WTI Crude Oil day traders looking for a sustained trend downwards did not have an easy time last week. Yes,...
Citi project Brent crude oil prices to average between $60 and $65 during second half 2025
Citi Research on how a resolution to the Russia-Ukraine conflict could influence global oil markets. The firm indicates that shorter oil tanker routes following a...
Trump says India will buy oil from the US
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and...
Oil today – analysis by orderFlow Intel
Prediction & Score: Score: -5 (Moderately Bearish with Exhaustion Signs) Rationale: ✔️ Sellers remain dominant, outpacing buyers in 4 of 5 bars.✔️ Delta (%) increased...
Crude oil inventory for the current week build 4.070M vs estimate 3.028M
Prior week oil inventory build 8.664M Crude oil inventory buildup 4.070M versus 3.028M estimate Gasoline drawdown of -3.035M versus estimate of a build of 1.403M...
U.S. Crude Oil Inventories Jump More Than Expected
After reporting a sharp increase by U.S. crude oil inventories in the previous week, the Energy Information Administration released a report on Wednesday showing crude...
OPEC leaves 2025 and 2026 global oil demand forecasts unchanged
Last year OPEC overestimated global oil demand and that led to some volatility in the market and turmoil at OPEC. For now, they continue to...
Brent Oil Price Analysis: Sanctions, Production Forecasts, and Technical Outlook
Oil prices are showing surprising resilience despite trade war fears, buoyed by ongoing sanctions on Russian and Iranian oil supplies. The EIA has raised its...
Crude oil settles up $1.00 at $73.32.
Crude oil futures are settling up one dollar at $73.32. The price rallied to one-week highs, supported by a weaker dollar and supply concerns stemming...