Crude

Crude Oil turned bullish during most of January, after failing to push below the support zone above $70. Although, sellers returned last week after the failure to push above the 100 SMA on the daily chart which acted as resistance and…

Venezuela’s state-owned oil firm PDVSA has tightened the prepayment rules for its oil after a review of contracts, demanding now cargoes be paid in cash or in goods and services that should be received before loadings can…

Crude Oil has been bearish since March last year, as central banks kept raising interest rates and the global economy headed toward a recession. Besides that, the lockdowns and restrictions continued in China which kept the demand on the…

Recommended by Richard Snow Get Your Free Oil Forecast Deteriorating GDP Forecasts Aided by China’s Easing Covid PolicyCrude oil fundamentals will become even more of a delicate balancing act for producers,…

Historically, the prices of two of the world’s biggest commodities, crude oil and iron ore, are strongly correlated, which is hardly surprising given that they are the lifeblood of the global economy including in the…

Brent, WTI dip after 3% gain in previous sessionU.S. crude stocks rise 7.8 mln barrels again forecast dropMarket looks ahead to Wednesday U.S. Fed meet - analystsSINGAPORE, Dec 14 (Reuters) - Oil prices fell on Wednesday after industry…

The past week has been quiet in the markets, seeing a weakly risk-off environment dominate as markets anticipate several rate hikes from major central banks over the coming week.The difference between success and failure in Forex / CFD…

With only 3 days to go until the EU ban on Russian seaborne crude imports gets implemented, Russian oil producers are going against all expectations and have actually ramped up production in recent weeks, according to some…

The United States exported the most crude oil and refined oil products last week, bleeding commercial inventories to low levels, according to new data released by the Energy Information Administration on Wednesday.United…

Oil stocks have continued to show a peculiar disconnect from the commodity they track, with oil equities staging a powerful rally even as oil prices have fallen sharply since the last OPEC meeting. Over the past two months,…