Oil News: Will OPEC Production Surge Keep Crude Oil Prices Under Pressure?
In the U.S., GDP growth forecasts were revised down to 1.4%, while the Fed’s cautious rate stance at…
Oil News: Can Crude Oil Sustain Gains Above 200-Day MA Before OPEC Decision?
At 11:38 GMT, Light Crude Oil Futures are trading $65.54, up $0.30 or +0.46%. OPEC+ Meeting in Focus…
Oil News: Can Crude Oil Hold 200-Day MA Despite OPEC Production Surge?
Will OPEC+ Supply Increases Overwhelm Demand? The production boost signals OPEC+ confidence in demand recovery, but raises questions…
Oil News: 200-Day Average in Focus for Crude Oil as Traders Digest Iran Ceasefire
At 10:44 GMT, Light Crude Oil Futures are trading $65.07, up $0.15 or +0.23%. OPEC+ output strategy adds…
Oil News: Crude Prices Mixed as Iran Risk Builds but Trump Delay Stalls Rally
At 13:01 GMT, Light Crude Oil Futures are trading $73.32, down $0.18 or -0.24%. OPEC’s Iran Threatens to…
Oil News: Crude Oil Futures Set for More Gains as Iran Conflict Threatens Supply
OPEC and Iran in Focus as Infrastructure Takes Direct Hits Israel’s strikes targeted critical oil and gas infrastructure,…
Oil News: OPEC Output Surge Clouds U.S. Crude Oil Outlook Amid Export Declines
At 11:32 GMT, Light Crude Oil Futures are trading $63.36, down $0.01 or -0.02%. OPEC+ Production Gains Undercut…
Oil News: Sluggish Gasoline Demand Undermines Bullish Crude Inventory Data
At 09:10 GMT, Light Crude Oil Futures are trading $63.07, up $0.22 or +0.35%. Saudi Price Cuts and…
Oil News: Crude Oil Futures Rally as OPEC+ Plans Offset Canada Supply Disruptions
OPEC+ Output Hike in Focus as Canada Wildfires Curtail Supply Oil prices are holding steady as markets weigh…
Oil News: Bearish Oil Outlook Deepens as Demand Weakens, OPEC+ Decision Looms
Weekly US Dollar Index (DXY) The U.S. Dollar Index settled at 99.443 on May 30, up 0.339 points…
Oil News: Traders Brace for OPEC+ Call as Geopolitics Buoy Crude Futures
Daily Light Crude Oil Futures Crude futures are consolidating below a tight resistance cluster centered around the 50-day…
Natural Gas, WTI Oil, Brent Oil Forecasts – Short-Covering Lifts Oil, But OPEC’s Production Looms
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