Crude oil price

  • Forex

Crude Oil Price Outlook: Sentiment Favours a Decline Below $60

Data from the Energy Information Administration (EIA) indicates that crude oil stocks in the US fell by 3.5million barrels in…

Apr 07, 2021, 17:08 BST

Crude Oil Price: Preview of EIA’s Short-Term Energy Outlook

Crude oil price is trading higher as investors await the EIA’s short-term energy outlook (STEO). WTI is up by 2.25%…

Apr 06, 2021, 12:43 BST

Crude Oil Price Capped Below $64.20; All Eyes on OPEC +

Crude oil prices have opened the week slightly higher on hopes of stable production output from the OPEC + alliance. …

Mar 29, 2021, 14:20 BST

Crude Oil Price: What to Expect Ahead of OPEC+ Meeting

Crude oil price continues to feel the impact of the third wave of COVID-19 and the resultant dwindling of global…

Mar 29, 2021, 06:28 BST

Crude Oil Price Outlook: OPEC +, Suez Canal Situation to Decide Price Action

Crude oil prices on the Brent benchmark inched higher this Friday after the scale of the blockage of the Suez…

Mar 26, 2021, 19:13 GMT

Crude Oil Price Falls Further Below $70 On Renewed Demand Worries

Any hopes of the extension of Wednesday's recovery move on crude oil prices were dashed this Thursday after Brent crude…

Mar 25, 2021, 15:37 GMT

Crude Oil Price Embraces The Ever Given Problem

The crude oil price has bounced back as investors continue to watch out for the happenings at the Suez Canal,…

Mar 25, 2021, 05:26 GMT

Crude Oil Price Rebounds Above $64 on Strong Fundamentals

Crude oil prices staged a strong rebound this Wednesday after a slew of positive fundamentals for the black gold hit…

Mar 24, 2021, 17:32 GMT

Crude Oil Price: Corrective Pullback or Bearish Reversal?

Crude oil price is on a consolidation pattern after the plunge in Tuesday’s session. Brent futures dropped from $64.32 to…

Mar 24, 2021, 05:00 GMT

Crude Oil Price Bounces from Support, But Bears Likely to Push for More

Last week saw the crude oil price declining over 7% on a single trading day. The move lower triggered some…

Mar 22, 2021, 10:45 GMT

Crude Oil Price Outlook: Downside Risks Persist Despite Recovery

Crude oil price on the Brent benchmark is starting to pick up after yesterday's huge slide.  On Thursday, demand concerns…

Mar 19, 2021, 16:54 GMT

What Next for Crude Oil Prices After Plunge?

Crude oil prices are trading sideways after the plunge in Thursday’s session. The drop in prices followed a series of…

Mar 19, 2021, 14:38 GMT