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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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,
As attention turns to the US debt ceiling talks, oil prices decline. FUNDAMENTAL OVERVIEW After rising in the previous session on hopes that U.S. gasoline demand would increase, oil prices
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
Crude Oil jumps on unexpected OPEC+ output reduction. FUNDAMENTAL OVERVIEW To support a market that has dropped this year due to worries about an economic slowdown in the developed world,
Fears about demand cause oil to decline as the market anticipates a Fed decision. FUNDAMENTAL OVERVIEW BRENT CRUDE OIL TECHNICAL ANALYSIS DAILY CHART: Technical Overview Brent Crude Oil is currently
Crude Oil Prices are higher, but Recessions Fears Spell Weekly Losses. Brent Crude Oil futures rose 3.12% at 96.33 on Thursday. Asia market oil prices fell on Thursday and more
Oil prices eased on Friday, with major benchmarks headed for their second straight week of losses, as the market awaited further signs of fuel demand recovery in China to offset