WTI crude oil and Brent crude oil have broken through strong resistance levels and appear poised to gain upward momentum.
WTI oil tests new highs as traders focus on the EIA report, which indicated that crude inventories declined by 2.0 million ...
Commodity experts at Standard Chartered predict that the ongoing strength in oil markets at the start of the new year is ...
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...
Brent crude futures rose 29 cents, or 0.36%, to $80.21 a barrel by 1008 GMT. U.S. West Texas Intermediate crude was up 33 ...
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...
Oil prices rose on Wednesday trimming losses from the previous day, as the focus turned back to potential supply disruptions ...
The Energy Information Administration’s (EIA) new short-term energy forecast confirms strong demand for 2025 but notes that ...
The International Energy Agency on Wednesday lowered its projection for 2025 oil demand growth though the organization said ...
Brent has broken above US$82/bbl. Falling US crude oil stocks and uncertainty over Russian oil supply following US sanctions, ...
The EIA predicts lower oil prices in 2025 and 2026 due to rising production and OPEC cuts, but the recent sanctions on Russia kept oil prices from falling.
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