Oil

Via Oilprice.com:--The expectations I saw focused on:Main crude -1.05 million barrelsDistillates +1.6 million barrelsGasoline +0.9 million---This data point is from a special survey conducted by the American Petroleum Institute (API).It is…

WTI is in correction mode as it tests the confluence of resistance levels on the 4-hour chart. Is the trend still our friend in this direction? Check out the inflection points I'm watching: West Texas Intermediate (USOIL) 4 hours…

Slavko Sereda/iStock via Getty Images Crude oil futures fell for a third straight week, which began with a sell-off sparked by OPEC+'s decision to reduce 2.2 million barrels per day in voluntary production cuts later this year,…

Slavko Sereda/iStock via Getty Images Crude oil futures ended a five-session losing streak on Wednesday, as renewed hopes for a Federal Reserve interest rate cut in September outweighed concerns about demand after data showed a build in…

to imagine Gold prices (XAUUSD:CUR) fell on Tuesday as the US dollar held firm, with focus turning to jobs data, while oil extended its declines after hitting a four-month low, as investors continue to weigh OPEC+ production decision.…

Regarding the OPC+ meeting and announcement, previous information:Goldman Sachs says the outcome of the OPEC+ meeting is bearish for oilMore from OPEC+: Saudi Energy Minister says waiting for interest rates to fallHSBC kept its Brent crude…

Saudi Aramco shares worth $12 billion were sold shortly after the deal opened on Sunday, a gift to the government seeking funds to help pay for a massive economic transformation plan. The government had ordered all the shares on offer…

The summary of the OPEC+ meeting on Sunday is:The organization agreed to extend cuts of 3.66 million barrels per day for one year until the end of 2025 (they were scheduled to end at the end of 2024).Agreement to extend cuts of 2.2 million…

curraheeshutter/iStock via Getty Images The price of Brent crude, a key global oil benchmark, is at risk of falling from an estimated range of $75 to $90 per barrel, Goldman Sachs analysts said on Sunday. They said their estimates may…

spooh Vermont this week became the first U.S. state to pass a law requiring oil and gas companies to pay for climate change-related damages caused by their emissions, a move that is sure to trigger legal challenges from the energy…