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Export Plunge and Asia’s Growing Demand will Bolster Crude Oil Price Hike to USD 110/bbl in 2023, According to UBS
Jan 04, 2023
Crude oil prices were on a roller coaster ride in 2022, going north of $130/barrel in March amid geopolitical escal...
Russian Oil Companies Forced to Increase Oil Refinery in Response to Oil Price Cap
Dec 22, 2022
The prices of oil of both main blends – U.S. WTI and ICE’s Brent – have been hovering within rather ample ranges of...
OPEC+ To Cut Production By Two Million Barrels a Day
Oct 06, 2022
OPEC+ announced a much larger-than-expected production cut. The recommendation from the panel of OPEC+ ministers fo...
Are Precious Metals on Verge of Major Breakouts?
Oct 04, 2022
The marketplace is uneasy to start the month of October, which history shows can be rocky for the stock and financi...
Growing Divergence Between Global Gas and Oil Price Patterns Hint at Impending Crude Price Spikes
Sep 06, 2022
Oil prices rose about 3% on Monday, as OPEC+ members agreed to a small production cut of 100,000 barrels per day to...