How Geopolitical Tensions Impact Global Oil Markets
Oil prices have always been sensitive to geopolitical tensions, and recent events in the Middle East have…
Gas Oil Uptrend Halts in the Short Term
Amidst the recent developments in the energy sector, let's shift our focus to gas and oil news.
The recent rapid increase…
Crude Oil Prices Hold Steady Amidst Shifting Market Dynamics
Oil prices navigated through a turbulent day of trading, displaying a mixed picture. Brent crude…
The European Energy Crisis: Navigating the Challenges
The European energy crisis has cast a formidable shadow over the continent, demanding immediate attention and…
Maximising Oil Profit Amidst Global Supply Dynamics
In the ever-fluctuating world of global commodities, oil profit has recently emerged as a headline-grabbing…
Oil Prices: China, U.S. Economic Data and OPEC+ Expectations
In a world driven by energy, the fluctuations in oil prices can have a profound impact on economies and…
Oil Prices Surge Amidst Large US Stockpile Draw
In the intricate web of global economics, oil trading stands as one of the most influential and dynamic sectors. As…
Oil Market Near 9-Month High Ahead of US Inflation Data
Oil markets are brimming with anticipation as top oil prices soar to a nearly nine-month high. Traders are…
Rally Price of Oil Drops Amid Supply Cut Pledges
A marginal demand decline following an extended period of price surges caused oil drops. Still, the market's…
Trading Oil Price: China's Weak Economic Data Impacts Demand
Oil prices faced further declines on Wednesday as worries over weakening demand from China, the world's…
Stocks open higher level after Fed announcement
Stocks advanced in the morning after the Federal Reserve said its rate hike campaign might be ending amid concerns…
Crude increases on potential Russian cuts
On Friday, oil prices continued to rise as the likelihood of decreased Russian supplies partially offset rising US…
Oil trade in Singapore is up 47.5% year-on-year
According to government agency Enterprise Singapore, the value of Singapore's oil trade increased by 47.5% from a…
The price of crude oil surpasses $100 per barrel
The price of Brent and West Texas Intermediate (WTI) crude oil for the front-month futures contract has risen to…
Oil Futures Recovered Some of Their Losses
Oil futures recovered some losses after falling by 2% the previous day, aided by supply concerns resulting from OPEC+…
OPEC+ Oil Supply Pushes Prices Down Once More
As an OPEC+ agreement to cut output by 100,000 barrels per day in October was considered mostly a symbolic attempt to…
US Oil Imports Into China Reached an 18-Month High
China shifted away from Russian crude in July, increasing its purchases of US oil to their highest level in 18…
Changes in the Global Trade Patterns for Crude Oil
The differential between Brent and West Texas Intermediate crude prices is predicted to stay greater than…