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
Read More
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
Oil Spikes After US Signals June SPR Refill Could Start Oil prices spiked after more Chinese statistics, this time in the form of money indicators, showed that the country’s economic
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,
Oil gains continue due to supply risks from the Kurds and banking relief FUNDAMENTAL OVERVIEW Crude prices edged higher on Tuesday, extending sharp gains from the previous session on supply
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