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Oil news Page 1

Crude prices slide on OPEC+ uncertainty

Crude prices have chopped sideways amid signs of turmoil within OPEC+. We look at the fundamentals of the oil market and the technical levels of WTI.

Kyle Rodda 12:55, 28 November 2023
Crude prices extend tumble as demand fears loom ahead of next OPEC+ meeting

Crude has extended its sell-off as demand risks loom ahead of OPEC+’s meeting on November 26. We look at the drivers of oil prices and the key technical levels of WTI Crude.

Kyle Rodda 13:07, 17 November 2023
The Good Oil: Crude prices tumble on demand fears

Oil has tumbled as demand concerns build. We look at the drivers of oil prices and the key technical levels of WTI Crude.

Kyle Rodda 10:48, 10 November 2023
The Good Oil: Crude prices rise after Fed meeting, geopolitical risks subside

Crude prices have rebounded following the Fed’s “dovish hold”. We review the key drivers and technical levels for WTI Oil.

Kyle Rodda 13:08, 3 November 2023
Silver shines alongside Gold; Oil rises as tensions in the Middle East escalate

Escalating tensions in the Middle East sees silver, gold, and oil all pushing higher

Daniela Hathorn 14:38, 18 October 2023
Oil wells pictured in an oil field, silhouetted against clouds
Oil price forecast: Will WTI and Brent regain momentum in 2023?

Discover the drivers behind Brent and WTI volatility and get insights from analyst predictions.

Jekaterina Drozdovica 11:38, 22 May 2023
Blue oil drums stacked in a warehouse in Indiana, U.S
WTI selloff intensifies amid growth concerns ahead of FOMC meeting

Crude oil drops for the third day this week as concerns about growth intensify ahead of the FOMC meeting

Daniela Hathorn 10:29, 3 May 2023
Bear market, illustration
Weekly market outlook: S&P 500, gold, silver, WTI post CPI release

As the latest CPI data shows inflation cooling more than expected we take a look at the latest charts.

Daniela Hathorn 13:23, 14 April 2023
Oil field with rigs and pumps at sunset
Commodities outlook: WTI surges, XAU/USD stagnates and Natural Gas continues to drop

Oil prices jump as OPEC+ plans to cut production in April. Gold finds resistance as inflation concerns reappear and natural gas lacks bullish momentum.

Daniela Hathorn 11:38, 4 April 2023
Car being filled with gasoline
Gasoline price forecast 2022-2030: Can price rebound on China’s returning demand?

Gasoline has dropped about 47% from an all-time high in June 2022. What’s next?

Fitri Wulandari 18:13, 23 February 2023
Businessman representing recessionary, stagflation or inflation economies with graphs of the stock market as a concept of raw material. Financial world crisis concept.
WTI, Gold, Silver – commodities weekly forecast for the week ahead

Strength to strength in the commodity space, however, topside exhaustion begins to creep in

Daniela Hathorn 13:53, 27 January 2023
Coffee beans, rice, corn and a letter cube on the background of a dollar and a candle. The conceptual image of commodity trade.
Commodities forecast: Which markets will surge in 2023?

As economies slow and China reopens, where will commodities prices head in 2023?

Fitri Wulandari 15:32, 9 January 2023
Hess Corporation logo and models of an oil rig,and oil barrels are pictured in and illustration
Guyana oil boom: Hess among companies making new discoveries

Exxon Mobil (XOM) is the largest oil producer in Guyana

Angela Barnes 12:07, 6 January 2023
Exxon and Chevron
Exxon and Chevron to focus on US investments in snub to EU windfall tax

Oil and gas majors reconsidering European investments after new tax imposed

Angela Barnes 14:01, 5 January 2023
macrodesiac logo
2023 – A year of infinite possibilities: Part 3 – Central banks, China, energy and commodities

Central banks are telling us what we should do, and we should listen

Macrodesiac 08:25, 30 December 2022

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