Oil

Emerging market foreign exchange markets are expected to perform better in a potential hard landing scenario than in previous similar episodes, analysts at Bank of America Securities said in a note dated Tuesday. The note outlines the key…

Brent crude oil prices may use the broken resistance line as a support zone. Will oil prices bounce off the potential technical support area in the next few days? We are looking at the UKOIL 4-hour chart today! Brent Crude Oil (UKOIL)…

Oil prices have remained surprisingly stable despite rising geopolitical tensions in the Middle East, particularly in the wake of major violent incidents involving Hamas and Hezbollah leaders, Wells Fargo analysts said in a note dated…

SlavkoSereda/iStock via Getty Images Crude oil futures ended the week little changed as lingering concerns over the outlook for demand in China and easing geopolitical risks offset economic data showing slowing inflation and strong…

Crude oil has been on a sharp rise these days, but can it continue its upward trend past this major resistance area? If so, how high can it go? Check out this long term chart pattern on my radar! Crude Oil WTI (USOIL) Daily Chart by…

Oil prices fell in Asian trading on Tuesday, reversing last week's rally, as a series of economic signals this week raised caution, while OPEC also cut its forecast for demand growth in 2024. Prices rose sharply from their lowest levels in…

Basic OverviewCrude oil prices fell sharply in the latter half of last week as some very weak US data came out, first the ISM manufacturing PMI and then the non-farm payrolls report. The market eventually rebounded on Monday and extended…

A court has ordered Kenya Electricity Generating Company Limited (KenGen) to pay Sh10 million to some farmers whose farmlands along the Tana River were damaged by oil leakage from its power plant during the rainy season. The Garissa…

Breadcrumbs Path LinksBMWPMN BusinessBMN Energy CompanyArticle author:Canadian PressAmanda StevensonPublished on August 2, 2024 • Read for 3 minutes You can save this article by registering for free here. Or log in if you have an…

Crude oil has been on a sharp rise these days, but can it sustain its gains beyond this longer-term area of ​​interest? Take a look at these turning points I am watching on the 4-hour time frame. Crude Oil WTI (USOIL) Chart by…