Oil

© Reuters. Oil Prices Dip as Saudi Arabia Cuts Prices Amid Global Market Weakness Quiver Quantitative - The oil market witnessed a decline as Saudi Arabia, the world's largest oil exporter, reduced its official selling prices across…

SlavkoSereda/iStock via Getty Images Crude oil futures rose this week, helped by increased tensions in the Middle East that have caused major shipping companies to divert vessels away from the Red Sea, as well as production disruptions…

Houthi rebel disruptions reaching the Straits of Hormuz could double oil prices, Goldman Sachs has warned. In an interview the head of the company’s oil research division Daan Struyven said: “the Red Sea is a transit route and a…

mevans Gold prices (XAUUSD:CUR) eased on Wednesday pressured by a stronger dollar, while investors remained caution ahead of the release of minutes from the U.S. Federal Reserve's December meeting, due at 1900 GMT, as well as a slew of…

Gold (XAU), Oil (USOIL) Bitcoin (BTC) Technical Outlooks and PricesGold looking to push ahead, higher US Treasury yields weigh for now.Oil breaks recent sell-off on fresh geopolitical concerns.Bitcoin prints a new 21-month high.Download…

SlavkoSereda/iStock via Getty Images Crude oil closed 2023 more than 10% lower for its first annual decline in three years, as war and OPEC+ production cuts failed to boost prices enough to overcome rising supply growth outside of the…

© Reuters. An employee demonstrates a sample of crude oil in the Yarakta Oil Field, owned by Irkutsk Oil Company (INK), in Irkutsk Region, Russia in this picture illustration taken March 11, 2019. REUTERS/Vasily…

OIL PRICE FORECAST:Most Read: What is OPEC and What is Their Role in Global Markets?Oil prices failed to maintain its momentum this week with a sharp selloff yesterday continuing through the Asian and European sessions today. US stockpile…

Crude oil tankerGetty ImagesOPEC+ can't cut oil output enough to push prices higher than where they're at.According to one expert, that's because the US is producing a record amount of oil.A softening economic outlook will hit oil demand…

It’s a bit of a slow day for commodities, but I’m waiting on a potential big move brewing on the 4-hour chart of Brent crude oil. Is the trend still our friend or are we about to see the bend at the end? Check out these levels! Brent…