Oil prices fell to negative territory after rising by a dollar in post-settlement trade on Wednesday as U.S. President Donald ...
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 ...
The Trump administration is trying to reduce oil exports from Iran and Venezuela, which will tend to reduce OPEC+ crude ...
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 ...
This surplus supply has added to the bearish sentiment ... industrial activity and energy consumption. The daily chart for WTI crude oil shows that the price challenges the long-term support ...
Three different oil-related supply estimates ... it has been far above other countries in industrialization. Figure 2. Chart by the International Energy Agency showing total fuel consumed by ...
Worries of a full-blown trade war and more supply entering the market sent oil futures tumbling, briefly nearing multi-year levels on Wednesday, dragging energy stocks with it. On Wednesday ...
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 ...
The oil market is currently under pressure "The prospect of rising OPEC+ supply, combined with intensifying uncertainty over tariffs, hit oil market sentiment. Overnight, there were suggestions ...