Crude Check: Consolidation Phase Likely
Crude oil prices crashed last week. Brent crude oil futures on the Intercontinental Exchange (ICE) ($66.80/barrel) tumbled 13.3 per cent and the crude oil futures on the MCX (₹5,601/barrel) shed a...
Tag: OPEC
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Oil steadies after report of planned OPEC+ August output hike
By Erwin Seba HOUSTON (Reuters) -Oil prices edged up slightly on Friday, recovering from a midday drop into negative territory following a report that OPEC+ was planning to hike production...
Crude Prices Gain as Weekly EIA Inventories Fall and Gasoline...
Two oil barrels on ground by Phototreat via iStock August WTI crude oil (CLQ25) today is up +1.14 (+1.77%), and August RBOB gasoline (RBQ25) is up +0.0128 (+0.62%). Crude oil...
Crude Prices Plunge as Geopolitical Risk Premium Vanishes
An oil tanker out at sea by Gerhard Traschutz via Pixabay August WTI crude oil (CLQ25) Tuesday closed down -4.14 (-6.04%), and August RBOB gasoline (RBQ25) closed down -0.1282 (-5.83%)....
Oil after the boil – The Hindu BusinessLine
‘Oil prices surge as Israel and Iran continue to exchange missiles….’, ‘Oil prices jumped more than 10 per cent as the strikes continue …’ and ‘Inflationary concerns are back due...
Crude Check: Upside Potential Remains
Crude oil prices surged considerably last week. Brent crude oil futures on the Intercontinental Exchange (ICE) ($74.20/barrel) gained 11.7 per cent and the crude oil futures on the MCX (₹6,161/barrel) was...
