Fed Rate Cuts to Propel Oil Demand?
WTI crude futures significantly increased, climbing above $79 per barrel this Thursday. The latest official data revealed that a notable drop influenced this rise...
May 9, 2024
WTI Crude Oil Falls as OPEC+ Mulls Production Boost
WTI crude futures have dropped below $78 per barrel, reaching a near two-month low. This significant decline came after Alexander Novak, Russian Deputy Prime...
May 8, 2024
Crude Oil Analysis – Middle East Peace Talks Ease Oil Fears
WTI crude futures showed some stability this week, remaining above $79 per barrel on Friday. However, they are on track to end the week...
May 3, 2024
WTI Crude Falls to $85 Amid Global Tensions
WTI Crude Oil Analysis — China’s economic landscape has been a topic of interest lately. Despite reporting growth that exceeded expectations for the first...
April 17, 2024
Oil Prices Rise Amid Geopolitical Tensions and Strong Demand
WTI crude futures were hovering around $87 per barrel on Friday, poised for a second consecutive week of gains. Rising geopolitical tensions in oil-rich...
April 5, 2024
Oil Prices Bounce as EIA Reports Smaller Inventory Rise
WTI crude oil prices climbed to around $82 per barrel on Thursday, reversing a two-day drop. This change was triggered by a recent EIA...
March 28, 2024
