Oil

Breadcrumb Trail LinksPMN BusinessThe outlook for Chinese oil markets is looking a little brighter after a boom in travel over the Lunar New Year, raising hopes of a more sustained recovery in demand.Author of the article:Bloomberg…

SlavkoSereda/iStock via Getty Images Crude oil futures fell this week following back-to-back weekly gains, after hawkish Federal Reserve meeting minutes and cautious comments by several Fed officials helped tamp down hopes for interest…

Crude Oil Analysis and ChartsCrude Oil Prices are sliding once again.Traders remain worried about demand if inflation proves resilient and interest rates stay up.Still the broad price uptrend is not yet under serious threat.Download our…

© Reuters. HF Sinclair Corp logo is seen displayed in this illustration taken, April 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) -HF Sinclair beat Wall Street estimates for fourth-quarter profit on Wednesday, helped…

Crude Oil continues to be supported amid a confluence of positive supply and demand drivers although the strong momentum of the past couple of weeks faded a bit ahead of the key $80 level. On the supply side, the tensions in the Red Sea are…

SlavkoSereda/iStock via Getty Images Crude oil added to recent gains Friday to wrap up a fourth winning week out of five, benefitting from a ratcheting up of tensions in Middle East while overcoming some difficult headlines along the…

This commodity is still stuck in consolidation, as it hovers close to the ascending triangle top.Can it go for a breakout soon? Here are the inflection points I’m watching on the 4-hour time frame. WTI Crude Oil (USOIL) 4-hour Chart…

Oil (Brent, WTI Crude) AnalysisMarginal Cushing stock build could limit oil upside, IEA revises oil demand growth lowerBrent crude oil flirts with the 200-day SMAWTI testing major zone of resistance into the end of the weekThe analysis in…

The price of WTI crude oil futures are settling at $76.64. That's down -1.23% or -1.58%.The high-priced today reached $78.77. The low price extended to $76.64.Technically, the price fell below its 100 and 200 day moving averages today at…

Breadcrumb Trail LinksPMN BusinessSenegal joins the continent’s nations that have had energy hopes dashed, with oil finds weighing on their financial situations.Author of the article:Bloomberg NewsPaul Burkhardt and Katarina HoijePublished…