Oil News: Bearish Outlook as OPEC+ Eyes Supply Hike and Inventories Climb
OPEC+ Eyes July Output Hike—Can the Market Absorb More Barrels? Oil prices slid over 1% Thursday following a…
Natural Gas and Oil Forecast: Energy Traders Eye $65.65 for Brent Bull Revival – FXEmpire
Natural Gas and Oil Forecast: Energy Traders Eye $65.65 for Brent Bull Revival FXEmpireWTI faces critical resistance at $64…
EEX Celebrates Fifth Anniversary Of Japan Power Futures Market
The European Energy Exchange (EEX) marks the fifth anniversary of the launch of its power trading platform on…
Oil News: EIA Reports Surprise Crude Build, Pressuring Oil Outlook and Futures
Inventory Builds Defy Market Expectations Commercial crude inventories increased by 1.3 million barrels, lifting total stocks to 443.2…
Natural Gas and Oil Forecast: Volatility Rises Amid Middle East Risk and U.S. Inventory Build
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Oil jumps after CNN reports Israel may be preparing for possible Iran strike — Capital Brief
The news: Oil prices surged after CNN reported that the US had obtained new intelligence suggesting Israel is…
Oil, Natural Gas, and US Dollar Technical Analysis: Global Risk and Geopolitics Limit Upside
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Natural Gas, WTI Oil, Brent Oil Forecasts – Geopolitics Lift Crude; Gas Slumps on Mild Weather
Daily Natural Gas Natural gas futures plunged 6.7% to $3.111 per MMBtu on Monday as market sentiment turned…
Natural Gas News: Inventory Builds and Cool Temps Set Bearish Tone for Next Week
As a result, national demand has stayed light to moderate, while ERCOT-driven regional strength hasn’t been enough to…
European Rapeseed Oil Futures Enter the Market on Strong Biofuels Demand
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WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $61.14…
Oil News: Will Rising Inventories and Surplus Forecasts Drag Prices Lower Next Week?
Adding to this bearish tone, the International Energy Agency (IEA) revised its global oil supply growth estimate higher…