Oil futures settled with a loss on Monday, with hopes for further economic stimulus from China and signs of strong demand for ...
The crude oil market has launched higher on Friday as the jobs number in the United States shows just how hot the US economy is running. At this point in time, the markets are pulling back a little ...
Testing Fibonacci retracements, crude oil’s rally aligns with time symmetry, forming a bullish expanding triangle near the critical $75.74 resistance level at the 200-Day MA.
Oil prices have continued their merry run since the beginning of the new year on the back of increased concerns over supply disruptions.
This article explores the factors driving a bullish sentiment in the oil market, including the upcoming Trump presidency, ...
As a result, Iran boosted both its production of crude oil and exports, with the latter jumping by over 10% last year to a total of 587 million barrels. The overwhelming bulk of that went to China, ...
Oil prices trimmed earlier gains on Wednesday as the dollar strengthened but continued to find support from a tightening of ...
U.S. crude-oil inventories likely fell for a seventh consecutive week, while gasoline and diesel stocks are seen rising from the week before, according to a survey by The Wall Street Journal.
Malaysia's palm oil stocks fell for a third consecutive month in December to hit their lowest since May 2023, as output ...
Oil market sentiment appears to have improved significantly over the past month, analysts at Standard Chartered Bank said.
U.S. oil production was down by 10,000 barrels at 13.56 million barrels per day in the latest week, the EIA said, while crude stocks at the Cushing, Okla., Nymex delivery hub fell by 2.5 million ...
Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened, while data showing an unexpected increase in ...