Taking a short-term view, the oil market feels delicately poised and what happens over the next 24-48 hours could be very telling for the near-term passage...
Oil prices stabilised to a certain extent after a rally last week, driven by a significant 2.547-million-barrel drop in US crude inventories, surpassing expectations. The reduction...
The oil market has the wind to its back as we head into the Northern Hemisphere Summer, with WTI crude having rallied 13% since the 4...
Crude oil prices showed mixed movements at the start of the European session. The market sentiment remains cautious due to geopolitical developments in the Middle East...
Crude oil prices stabilized on Wednesday, although they remain near last month’s upper values. Brent crude futures hovered around the key level of $85 per barrel,...
The oil market has shown a significant recovery over the past week, with Brent and WTI prices experiencing an increase of nearly 4%. This marks the...
After WTI crude fell to $72.50 we saw a solid snapback in crude and price now finds itself back to the former consolidation range seen throughout...
Oil prices continue to decline sharply today and reach more of their lowest levels that we have not seen since last February, across both major benchmarks,...
Oil prices continue to decline today by 0.2% across both major benchmarks, West Texas Intermediate (WTI) and Brent, which have reached further lows in more than...
Brent traded slightly above $80 per barrel just a few days ago. In the context of inflation, this may not seem low, but it is far...
Crude oil continues to advance for the third day in a row through both crude oil, Brent and West Texas Intermediate, which rose by 0.35% and...
The price of West Texas Intermediate (WTI) oil experienced a 1.30% increase this Monday, May 27, 2024, reaching approximately $78.60 per barrel. This increase occurred in...