Oil price news
Gold and Oil looking to resume the upside if US CPI allows
Ongoing political tensions in the Middle East keep oil and gold supported but the US CPI data could bring further volatility
12:20, 19 August 2024
US Crude drops to 6-month low as recession fears loom. Will OPEC+ react?
Oil prices drop as recession fears take over following weaker-than-expected US data. Will OPEC+ step in to curb falling prices?
16:29, 8 August 2024
Oil turns bullish but WTI faces its key resistance range once again
US crude price moves back above $80 per barrel but resistance looms ahead.
16:17, 25 June 2024
Market analysis: Oil and Natural Gas update
Oil and Natural Gas prices storm higher but face resistance up ahead
11:09, 13 June 2024
Oil Prices plummet amid rising inventories and OPEC+ decision spooking investors
US crude prices dropped to a four-month low after data showed rising inventories and OPEC+ announced production increases
15:05, 5 June 2024
Brent Retreats Below 200MA Ahead of Key Reports
With OPEC's Oil Market Report set for release on Tuesday and the International Energy Agency's Oil Market Report on Wednesday, volatility looms over crude prices this week. Let's delve into the technical landscape of Brent Crude, the international oil benchmark, as we approach these pivotal reports.
12:54, 13 May 2024
Oil slips back into key range despite surprise US crude inventories drop
US crude prices drop back into a key area of resistance/support even after US inventories drop for the first time in a month
15:41, 24 April 2024
Oil spikes higher, global shares drop as Israel attacks Iran
Risk off sentiment intensifies in markets as news breaks that Israel has attacked Iran
09:46, 19 April 2024
How escalating geopolitical tensions are impacting oil markets
The bullish momentum in oil prices remains strong as escalating geopolitical tensions raise concerns about supply.
13:37, 4 April 2024
Oil moves higher as geopolitical risks escalate, WTI faces key resistance range
Increased tensions between Russia and Ukraine lead to higher risks of supply disruptions
10:52, 25 March 2024