2023 In Review: A Look Back At The Highlights Of The Year
The year 2023 commenced after two years of economic uncertainty and heavy inflation across Europe […]
Oil Prices Plunge On Falling Fuel Demand Concerns
The energy industry has undergone several major changes in the XXI that are becoming increasingly […]
Today OPEC+ May Announce New Oil Production Cuts
According to WSJ, the reduction could be 1 million barrels per day. Saudi Arabia is […]
Brent Oil Price is Declining Again
The commodity market started the week with a new wave of selloffs. The price of […]
Brent Crude Holds Ground Around $90 Amid Geopolitical Tensions and Future Expiries
Brent crude is maintaining a steady position, trading close to $89.50 as the market endeavors […]
Oil Bounces Back, Set for More Declines
Oil’s bounce at the start of the week’s trading was an essential step in correcting […]
Brent Crude Oil Wave Analysis
Brent crude oil reversed from support level 83.15 Likely to rise to resistance level 90.00 […]
Brent Crude – Oil Pares Gains in Risk-Averse Trade
Potential profit-taking after immense rally Economic pessimism may weigh in the future Bullish flag formation […]
The Battle for Oil. OPEC Strikes Back
The past several weeks have been a real triumph for the bulls in the oil […]
Uncomfortably Strong US Outlook
Eurozone services PMI were disappointing in August, yet the ISM services index printed its strongest […]
Japan’s Verbal Intervention Offers Yen Some Respite
Markets The dollar caught all market attention yesterday. Surging against everything and everyone, the trade-weighted […]
Rising Oil Prices Give Off a Foul Smell
Released yesterday, the European services PMI data came in softer than expected in all major […]