Crude oil prices were on a rebound early Friday, as the world’s most traded commodity opened trading at $73.97 after…
Oil continued signaled signs of instability on Thursday, with WTI crude gaining marginally to trade at $76.71 at 16:40 UTC,…
Brent Crude Oil (UKOIL) price turned red for the third consecutive day on Friday. The futures contracts for black gold…
Brent crude oil price rose 0.83% on Friday in a bullish continuation. Nevertheless, the bulls were still unable to break…
After a very volatile session on Thursday due to the OPEC+ meeting, Brent crude oil price turned green on Friday.…
Brent crude oil price rose to its fresh weekly high of $81.26 on Tuesday. The positive price action comes just…
The volatility remained high in the global oil prices amid the Thanksgiving holiday in the US. Brent crude oil price…
The global oil prices have taken a sharp turn after the reports of deeper production cuts from the OPEC+ countries. Consequently, Brent crude oil price extended its gains today after a 4.02% gain on Friday. At press time, the British benchmark of crude oil was up 2%. This move also marks a downside retest of the 200 MA which is also evident from the following chart. If Brent crude oil price breaks above this key moving average, the recovery rally may catch fire. This week's OPEC+ meeting which is scheduled for Sunday, 26 November, may act as a catalyst in this regard. However, it is also very likely that the markets overreact and the black gold will become overvalued…
Brent crude oil slid by 6.8% this week as investors anticipated the Israel-Hamas conflict to come to an end. At…
Brent crude oil price saw a rebound due to the escalating tensions in the Middle East. After an attack on…
Brent crude oil price shows gains after closing Wednesday in the red as the market anticipates a fall in demand…
Brent crude oil price opened higher on Monday after closing last week at $84.43. The price surged to $89 before…