Oil News: Tariff Tensions Pressure Crude Oil, but Bullish Outlook Holds
Oil Prices Forecast Shaped by U.S. Tariffs and Trade Deal Gaps Crude prices steadied Friday after dropping over…
Oil News: WTI Crude Hits Key $69.89 Resistance—Will Bulls Break Through?
The market remains above the long-term pivot at $65.38, supported further by the 200-day moving average at $63.99…
Oil News: Oil Demand at Risk as EU-US Trade Tensions Peak August 1st
While a modest U.S.-Japan trade agreement provided brief optimism, the broader trade uncertainty kept crude prices under pressure…
Oil News: Crude Holds Above MAs as Traders Eye OPEC Production Signals and Supply Risk
The 50-day MA at $63.80 and the 200-day MA at $64.05 continue to act as downside support, while…
Oil News: Crude Oil Futures Hold at $65.38 Pivot as Traders Await Fresh Catalysts
At 11:43 GMT, Light Crude Oil futures are trading $66.26, up $0.23 or +0.35%. OPEC Supply Concerns Eased…
Oil News: Crude Oil Futures Climb on Inventory Drop and Trade Deal Hopes
At 11:18 GMT, Light Crude Oil Futures are trading $65.89, up $0.64 or +0.98%. Crude Inventories Drop Sharply, Supporting…
Oil News: Bearish Crude Oil Outlook as U.S.-EU Trade Tensions Threaten Demand
U.S.-EU Tariff Standoff Adds Downside Risk to Oil Prices Forecast The Trump administration’s threat to impose 30% tariffs…
Oil News: Crude Oil Holds $65.38 Long-Term Support Pivot as Fed, OPEC Signals Drive Outlook
However, improving consumer sentiment and falling inflation expectations in July suggested a more favorable environment for consumer activity.…
Oil News: Crude Futures Consolidate—Will Geopolitical Tensions Break the Range?
Traders eye EU sanctions but remain skeptical The market is digesting the EU’s 18th sanctions package against Russia,…
Oil News: EIA Set to Decide Crude Path—$67.44 Support or $71.20 Breakout?
At 11:55 GMT, Light Crude Oil Futures are trading $68.47, up $0.14 or +0.20%. Supply: OPEC+ Adds Barrels,…
Oil News: Iran Talks Ease Crude Oil Fears, OPEC Production Hike in Focus
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Oil News: Crude Oil Futures Rejected at $67.44 Pivot as OPEC+ Eyes 411,000 bpd Hike
However, the market turned cautious as the 90-day pause on higher U.S. tariffs is set to expire on…