The daily chart for the US Dollar Index shows it has reached the support level of 103.50 and remains bearish. The ...

The supply of crude oil is limited, however, and cannot be increased further, since it has become increasingly difficult to find and develop new oil reserves in recent years. As a result ...

0555 GMT – The moving average convergence divergence indicator of “West Texas Oil CFD”, a proxy of WTI crude oil futures, has turned bullish on the daily chart, Oanda’s Kelvin ... talks could lead to ...

In contrast, hedging was much higher in previous downturns, such as 51.7% in 2020, which provided crucial support during the ...

citing slower oil demand growth prospects and expectations of higher OPEC+ supply, it said in a note dated on Sunday. The bank expects Brent at $71 per barrel in December, down $5 from its ...

Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said on Thursday, revising down its 2025 demand growth forecast. Meanwhile ...

The International Energy Agency said the macroeconomic conditions underpinning its oil-demand projections have ... and that it sees a bigger-than-anticipated supply surplus if OPEC+ raises output ...

The supply of crude oil is limited, however, and cannot be increased further, since it has become increasingly difficult to find and develop new oil reserves in recent years. As a result ...