Surprise decision: OPEC will go ahead with April oil output increase – delegate says
OPEC+ was expected to delay a planned April oil output increase but is instead going ahead with it, according to a delegate cited by Bloomberg....
Tag : Oil
Chart Art: WTI Crude Oil (USOIL) Downtrend Pullback Opportunities
WTI crude oil prices just busted above a trend resistance zone. Think Black Crack will eventually return to its longer-term downtrend? We’re looking at the...
Another night, another explosion and fire at a Russian oil facility
Info via Reuters: An oil refinery in the Russian city of Ufa was on fire, the state RIA news agency reported “There is no threat...
Crude Oil Weekly Forecast – 02/03: Resistance Upward (Chart)
Created on March 02, 2025 The downturn in WTI Crude Oil saw price velocity increase downwards this week. After climbing to a high of nearly...
WTI Crude Oil Monthly Forecast: March 2025 (Chart)
Created on March 02, 2025 During the month of February, we have seen the crude oil market try to rally a bit, but it failed...
ICYMI – OPEC+ is hesitant on going ahead with planned April oil output hike
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...
OPEC + is hesitant on going ahead with plans April oil output hike
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...
Trafigura says US policy is the biggest upside risk for oil prices
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...
Crude oil settles down $0.31 at $68.62
The price of crude oil is settling down $0.31 at $68.62. The low price today reached $68.36 while the high price was at $69.28. Technically,...
U.S. Crude Oil Inventories Unexpectedly Decrease Following Recent Surge
Crude oil inventories in the U.S. unexpectedly decreased in the week ended February 21st, according to a report released by the Energy Information Administration on...