Crude oil outlook turns bearish with rising recession odds, weak demand, and OPEC+ supply hike. Key support levels now in ...
The levies were seen as more aggressive than expected, with a 10 percent duty on all exports to the US and even higher rates ...
It’s been nothing but bearish news for oil traders this week, with a rout for crude intensifying Friday morning after China ...
Oil prices steady near $70.11 – $70.39 resistance with supply disruptions from sanctions clashing with weak demand. U.S.
Goldman Sachs has significantly lowered its oil price forecasts for 2025 and 2026, citing OPEC+'s increased production and ...
Goldman Sachs has revised its forecast for Brent crude oil's average price for the year, lowering it by 5.5% to $69 per ...
EV sales surged by over 25% in 2024, now making up 1 in every 5 cars sold globally, and this impacted oil demand, which grew ...
Oil tanked on Thursday after OPEC+ decides to increase output more than expected, adding to losses sparked by Trump's tariff ...
Oil prices experienced a sharp decline this week due to the announcement of U.S. tariffs on trade partners and OPEC+'s ...
Oil tumbled to a four-year low, following a surprise output increase by OPEC+ and a rapidly escalating global trade war ...
Oil prices slipped on Thursday after surging in the previous session on a larger-than-expected draw in U.S. gasoline stocks, as markets weighed macroeconomic concerns and demand versus supply ...
Crude oil futures were relatively stable ahead of the U.S. trade policy announcement as market participants remained cautious ...