Fears of Rising Rates and Worsening Growth Push Oil Prices Near 5-Week Low. In conclusion, oil prices are facing multiple headwinds including rising interest rates, slowing economic growth, and the
Read More
Despite positive China statistics, oil declines due to economic concerns. FUNDAMENTAL OVERVIEW BRENT CRUDE OIL TECHNICAL ANALYSIS DAILY CHART: Technical Overview Brent Crude Oil is currently trading in the up
After the OPEC production cut, crude oil gains continue; API data is forthcoming. Following OPEC+’s unexpected move to reduce its production levels, oil prices increased on Tuesday, adding to the
Political unrest and supply issues cause the price of crude oil to increase. Oil prices traded higher Monday, recouping some of last week’s heavy losses on heightened geopolitical tensions and
Oil prices were steady on Thursday, as optimism over recovering Chinese demand was offset by U.S. oil inventories hitting their highest in months and signs the U.S. Federal Reserve could
Crude Oil Prices are higher, but Recessions Fears Spell Weekly Losses. Brent Crude Oil futures rose 3.12% at 96.33 on Friday. Asia market oil prices fell on Thursday and more
Crude Oil Prices are higher, but Recessions Fears Spell Weekly Losses. Brent Crude Oil futures rose 3.12% at 96.33 on Friday. Asia market oil prices fell on Thursday and more
 Oil rallies over 2% on China reopening, OPEC holds output steady Oil prices rose sharply on Monday as more Chinese cities began relaxing strict anti-COVID measures, ramping up hopes for
Brent Crude Oil futures rose 3.12% at 96.33 on Friday. Asia market oil prices fell on Thursday and more down because of the increased supply market is afraid that the
Brent Oil was trading 0.88%up at $74.40. Oil prices rose on Thursday as U.S. implied consumer petroleum demand surged to a record high in the world’s top oil consumer even