James_Oil_Forecast - EUROPE SAYS

At 11:43 GMT, Light Crude Oil futures are trading $66.26, up $0.23 or +0.35%. OPEC Supply Concerns Eased…

At 11:18 GMT, Light Crude Oil Futures are trading $65.89, up $0.64 or +0.98%. Crude Inventories Drop Sharply, Supporting…

U.S.-EU Tariff Standoff Adds Downside Risk to Oil Prices Forecast The Trump administration’s threat to impose 30% tariffs…

However, improving consumer sentiment and falling inflation expectations in July suggested a more favorable environment for consumer activity.…

Traders eye EU sanctions but remain skeptical The market is digesting the EU’s 18th sanctions package against Russia,…

At 11:55 GMT, Light Crude Oil Futures are trading $68.47, up $0.14 or +0.20%. Supply: OPEC+ Adds Barrels,…

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However, the market turned cautious as the 90-day pause on higher U.S. tariffs is set to expire on…

Dollar Softness Supports, but Inventory Build Adds Caution The dollar fell to a 3-1/2-year low on Wednesday, typically…

Will the OPEC+ Output Hike Cap Gains in Oil Prices? Oil prices held steady on Tuesday as markets…

Can OPEC+ Production Plans Cap Recent Oil Prices Forecasts? Traders are pricing in OPEC+ production plans, with four…

In the U.S., GDP growth forecasts were revised down to 1.4%, while the Fed’s cautious rate stance at…