The daily chart for the US Dollar Index shows it has reached the support level of 103.50 and remains bearish. The consolidation around this level and failed rebound attempts suggest that the index may ...
The Trump administration is trying to reduce oil exports from Iran and Venezuela, which will tend to reduce OPEC+ crude ...
Oil prices rose slightly on Wednesday morning over concerns around tighter supply, following a much larger than expected drop in US crude stockpiles. Brent crude futures were up 0.2% to $72.51 a ...
Slower global growth would dent fuel demand, which might offset any reduction in supply due to Trump's threats to bomb Iran and impose secondary tariffs on buyers of Russian oil. After news of ...
HOUSTON (Reuters) -Global oil supply growth is outstripping demand, the CEO of one of the world's largest oil traders, Gunvor, said on Monday. Oil prices hit a three-year low last week due to slow ...
NEW YORK, March 27 (Reuters) - Oil prices edged higher on Thursday as traders assessed a tightening of crude supplies along with new U.S. tariffs and their expected effect on the world's economy.
Is the response potential of U.S. supply asymmetric to rises and declines in prices? What effect should this be expected to have on oil price volatility? What, if anything, can we infer from the ...
"In addition, the prospect of rising supply from OPEC+ next month have also been weighing on prices at a time where the U.S. administration has been talking down oil prices." The Organization of ...
“But, there is a rising risk of larger supply risks down the road.” Some analysts believe that Trump may not act on his threats, a view that is putting a cap on oil prices. IG analyst Tony ...