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HAMAS-Israeli War Oil Impact: ‘There is Definitely Going to Be a Fear Trade Put in Place’
Oct 09, 2023
Markets are braced for a continuous ascension of oil prices after Hamas launched a deadly terrorist attack on Israe...
WTI Crude Oil Hits its 10-months High on OPEC+’s Decision to Extend Production Cuts
Sep 06, 2023
U.S. oil futures settled Tuesday at their highest level since November, propped up by news that Saudi Arabia and Ru...
With Oil Prices Being Cool So Far on Quota Reductions, OPEC+ Producers Weigh More Production Cuts
Jun 05, 2023
Oil prices have finally tilted towards a more consecutive growth after Sunday’s OPEC+ decision: currently frontal m...
OPEC+ Showed Accord to Push Oil Back towards USD100 Mark
Apr 03, 2023
As many investors and traders know by now, OPEC+ announced “unexpected” production cuts of more than 1 million barr...
Crude Gets Unexpected Boost from Iraqi Kurdistan-Turkey Pipeline’s Shutdown
Mar 28, 2023
Despite grim forecasts, crude oil pushed higher overnight as sentiment was given a boost by the rescue of SVB Finan...
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...