As it stands, both WTI and Brent have been pressured by high oil supply with wavering demand ... on the NASDAQ Stock Market under the ticker symbol "USOI". The ETNs should be purchased only ...
HONG KONG (AP) — Asia markets are mostly higher on Friday following gains on Wall Street driven by Tesla, IBM and Meta ...
Asian stocks advanced Wednesday in thin Lunar New Year trading following a rebound on Wall Street driven by tech stocks as ...
The scenario for Brent crude oil at $60-$65 per barrel through 2H just got stronger, Citi Research’s Francesco Martoccia said in a research report.
By Zain VawdaOil prices continue to struggle to gain any sort of bullish traction as uncertainties around tariffs and the ...
In case WTI oil declines below the 50 MA at $71.99, it will head towards the strong support level, which is located in the $67.00 – $67.50 range. Brent oil rebounded from session lows as some ...
Goldman: "We estimate that Brent could temporarily rise to $93/bbl in a scenario where sanctioned supply falls by 1mb/d persistently for Iran and temporarily for Russia" ...
Brent oil declined below the $77.00 level amid broad pullback in the oil markets, which was triggered by the EIA report. If Brent oil declines below the $76.00 level, it will head towards the 50 ...
"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.
Brent crude is totally at the mercy of OPEC+ ... in a report sent to Rigzone by the SEB team on Tuesday. “The current oil price is totally at the mercy of OPEC+,” Schieldrop stated in the ...
The EIA highlighted in the STEO that its forecast was completed before the United States issued additional sanctions targeting Russia’s oil sector on January 10. “For all of 2024, the Brent ...