Oil price news
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WTI finds support at $75 as markets assess the impact of Trump policies
Oil prices face downward pressure as Trump looks to increase production despite weakening demand
14:43, 22 January 2025
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Market Analysis: oil rallies further as supply tightness dominates
Oil prices continue to surge as US sanctions on Russia and Iran are expected to tighten supply
16:24, 13 January 2025
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US crude (WTI) attempts to rebound but faces continued pressure
After a heavy week in commodities prices seem to have stabilised on Monday with gold, silver and copper all attempting to bottom out and push higher after continued selloffs.
09:06, 20 November 2024
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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
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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
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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
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Market analysis: Oil and Natural Gas update
Oil and Natural Gas prices storm higher but face resistance up ahead
11:09, 13 June 2024
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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
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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
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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