Oil News: Oil Demand Concerns and OPEC Output Plans Drive Bearish Crude Oil Outlook
U.S. Inventories Surprise to the Upside Bearish pressure intensified after the EIA reported a 2.4 million barrel build…
Oil News: Crude Futures Jump 3% on Russia Supply Risk and Fed Rate Cut Hopes
Support remains layered, with $64.05 now acting as the first technical floor. A failure to hold this level…
Oil News: Bullish Oil Outlook Hinges on Break Above 50-Day Moving Average in Thin Trade
A breakout above this zone could unlock upside momentum toward last week’s swing top at $65.10, followed by…
Oil News: Crude Holds Above 52-Week Moving Average Support as OPEC+ Decision Looms
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Oil News: 50-Day Average Caps Crude Gains Ahead of Key OPEC+ Production Decision
OPEC+ output gains weigh on oil prices forecast Traders are now focused on next week’s OPEC+ meeting, with…
Oil News: Crude Futures Regain 200-Day MA as Ukraine Tensions Lift Outlook
Ukraine Conflict Risk Premium Returns to Oil Market Geopolitical tensions added a firm tone to crude prices after…
Oil News: Crude Oil Stalls Below 200-Day Moving Average Amid Bearish Outlook
At 09:36 GMT, Light Crude Oil futures are trading $62.01, down $0.69 or -1.10%. Russia-Ukraine Negotiations Pressure Oil…
Oil News: 200-Day Moving Average Caps Crude as Traders Eye Geopolitical Risks
The market caught a slight bid after White House trade adviser Peter Navarro took a swing at India…
Oil News: Crude Oil Holds Bearish Bias Below 200-Day MA, 50-Day Caps Momentum
From a chart perspective, bulls are eyeing a breakout above both the 200-day and the 50-day moving averages…
Oil News: Trump–Putin Outcome Could Be the Trigger for $65.32 WTI Break or Fail
Are Tariffs the New Oil Bear? Fresh U.S. tariffs on multiple trading partners took effect Thursday, raising fears…
Oil News: Crude Oil Futures Rebound on Bullish Inventory and India Sanctions Risk
OPEC’s Balance Under Threat if Indian Flows Shift Analysts are divided on whether India will reduce Russian crude…
Oil News: Crude Oil Faces Test as OPEC Weighs Output Hike, Russia Sanctions Loom
However, the executive order imposed 10% to 41% duties on countries like Canada, India, and Taiwan that failed…