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
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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,
Crude Oil (Light Sweet) Technical Analysis: Weekly Chart In the weekly charts, Crude Oil was trading in a down channel. Crude Oil is currently trading below all SMA except MA
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
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
The Oil’s first daily increase in four days supports WTI bulls as they reach $80.00. WTI picks up bids to rebound from weekly low, snaps three-day downtrend. US Dollar pullback
Crude Oil WTI futures rose 0.57% at 75.80 on Monday. Oil hovered close to an annual weekday as increasing considerations over U.S. economic health and therefore the FRS for the
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