Oil stays weak below resistance, natural gas holds a bullish setup, and the U.S. Dollar Index awaits a breakout from its ...
Oil futures remain rangebound as geopolitical issues counter bearish concerns about global oversupply.
Crude oil price paused on its downtrend in Thursday’s intraday trade after hitting a fresh three-week low earlier in the ...
Crude oil nears key 52-week moving average as traders weigh short-term demand optimism against persistent global supply and ...
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Weekly Crude Oil Review: WTI futures see sustained selling pressure
Crude oil futures stayed under stress on oversupply fears. WTI Crude eased under $60 per barrel to test three-week low after the US Energy Information Administration or EIA ...
WTI now trades between the $55 support zone and the descending trendline near $61. A breakout would require a close above $62 ...
Oil futures rose with WTI back at $60 after a Ukrainian drone strike on a Russian Black Sea port revived concerns about supply disruptions.
Crude oil prices fell as surging inventories, bearish supply forecasts, and muted demand overshadowed geopolitical risks and the end of the U.S. government shutdown.
Petroleum futures did not show dramatic changes immediately following the release of the weekly data by the Energy Information Administration. The latest EIA data showed U.S. commercial crude oil ...
Oil prices steadied on Wednesday after a sharp 4% slide the day before, with Brent trading near $63.08 and WTI around $58.80 ...
Oil Market Faces Growing Surplus as Inventories Climb, IEA Says The oil market is becoming increasingly unbalanced with global inventories continuing to climb and an even larger surplus expected this ...
Explore the bearish outlook for crude oil prices as oversupply and weak demand drive forecasts below $50 per barrel. Click ...
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