The cost of oil transportation is showing a noticeable increase, which is associated with forecasts of a decrease in the availability of tankers on the global market. The reason for this is the expansion of US sanctions measures against the Russian navy...
Oil prices continue to rise, reaching their highest levels since October. Brent futures for March delivery rose to $77.85 per barrel. The day before, this grade rose by $0.75 (+1%), closing at $77.05. WTI futures for February delivery added $0.41 (+0.55%) and reached $74...
OPEC+ expresses concern about a possible increase in oil production in the United States after Donald Trump returns to the White House. The expansion of U.S. supplies could undermine the alliance's efforts to maintain prices and reduce its market share...
On Monday, oil prices jumped after reports of the overthrow of Syrian President Bashar al-Assad by the opposition, which increased fears of an escalation of instability in the Middle East. Brent futures rose by 1.17%, reaching $72 per barrel, and WTI – by 1.32%, to $68.20...
On Wednesday morning, oil prices showed slight fluctuations, reflecting the impact of both signals of a reduction in fuel reserves in the United States and news of a truce between Israel and Lebanon. Brent futures rose slightly, trading at $72...
Oil prices rose slightly on Monday after the strongest weekly drop in seven months. Brent quotes rose to $83.70 per barrel. North American WTI crude is trading near $79.00. This came amid growing signs that recent cease-fire talks between Israel and Hamas have not made significant progress...
The global market for Petroleum will have a slight supply surplus in 2024, even if OPEC+ nations extend their cuts into next year the head of the International Energy Agency's petroleum markets and industry division told Reuters...
Oil futures contracts closed down almost 5% this Thursday, the 16th, taking the barrel to the lowest levels since July, and leaving Brent below US$73. V Fears about demand in the world's largest economies put pressure on the commodity, while production increases in a number of countries...
Gas hubs are central points in a natural gas market where multiple gas suppliers and buyers come together to trade and exchange natural gas...
Crude is favored ended correcting the cycle up from the 12/24/2018 lows where the daily is turning up. The 4 & 1 hour are turning up against the 49.37 lows. While above there expect a turn higher...
Crude is favored ended correcting the cycle up from the 12/24/2018 lows where the daily is turning up. The 4 & 1 hour are turning up against the 49.37 lows. While above there expect a turn higher...
Just like in the Greek mythology, where Siren lures sailors to destruction with the sweetness of her song, Oil and her sweet promise of adrenaline rush sends many traders to their demise...
In today's U.S. shale fields, tiny sensors attached to production gear harvest data on everything from pumping pressure to the heat and rotational speed of drill bits boring into the rocky earth...
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Crude Oil Prices Turn Lower to Close the Week Talking Points: Crude Oil Prices Turn Lower to Close the Week Technically Intraday Prices Form an Inside Bar Looking for More Trade Ideas for Crude Oil? Read our 2017 Market Forecast...
Crude Oil Prices Torn Between Trump Trade, Supply Trends Talking Points: Crude oil prices extend gains as “Trump trade” unwind continues Gold prices may turn lower as US data revives Fed rate hike bets Rig count data may cloud WTI responsiveness to US Dollar moves...
Crude Oil Price Forecast: Evening Star Pattern Turns ST Focus Lower Talking Points: Crude Oil Technical Strategy: USOIL break from diagonal turns lower to polarity zone 51.50/50...
Crude Oil Prices Eye Inventory Data, Gold May Extend Recovery Talking Points: Crude oil prices rise, correcting after yesterday’s selloff Gold prices gain as FOMC minutes dent rate hike outlook ISM and ADP may see gold rise further as EIA boosts oil...
If you are a commodity trader then you should know this secret club that runs the world. A group of oil traders were driving crude oil prices higher some two years ago. Delta Airlines complained Commodity Futures Trading Commission regarding this. When nothing was done...
