Oil Prices Increase Due to Russian and Saudi Supply Restrictions for August. Introduction In a recent development, major oil exporters Saudi Arabia and Russia have announced supply restrictions for the
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Crude Oil Stabilizes, Russian Scenario Draws Attention Introduction Following the recent failed uprising by Russian mercenaries, crude oil prices have steadied on Monday. However, concerns linger regarding the potential impact
Oil maintains its current level before Powell’s Senate testimony. Key Points 1. British Inflation Defies Predictions, Influences Bank of England Decision As Federal Reserve Chair Jerome Powell prepares to testify
Oil prices drop amid China growth concerns. As concerns about China’s economy trumped OPEC+ output cutbacks and the seventh straight decline in the number of oil and gas rigs operating
Oil prices surge as investors await the Fed’s interest rate release. FUNDAMENTAL OVERVIEW Following upbeat predictions from OPEC and the International Energy Agency (IEA) regarding the rise of global oil
OPEC uncertainty limits gains as oil increases on optimism about the debt ceiling. FUNDAMENTAL OVERVIEW Despite concern ahead of an OPEC meeting this weekend, oil prices jumped in Asian trade
OPEC+ discussions uncertainties and US debt deal problems cause oil to decline by 2%. FUNDAMENTAL OVERVIEW The market’s risk-on attitude was dampened by worries about the U.S. debt ceiling agreement,
Oil price rises on confidence over the debt ceiling as a bullish triangle develops. Tuesday’s oil price trading is a little bit higher, continuing the week’s comeback from the weak
Markets are declining in anticipation of Powell’s monetary policies. Debt limit discussions and the USD resurgence are dominant. The expectation and confidence that a deal to increase the US debt
Oil continues to fall ahead of anticipated interest rate increases. FUNDAMENTAL OVERVIEW After falling 5% the previous session, oil prices continued to decline on Wednesday as investors worried about the