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…
Oil News: Crude Holds 200-Day MA Ahead of EIA Report, Traders Eye $67.44 Pivot
Dollar Softness Supports, but Inventory Build Adds Caution The dollar fell to a 3-1/2-year low on Wednesday, typically…
Oil News: Crude Oil Futures Steady at 200-Day Average, OPEC+ Move Looms
Will the OPEC+ Output Hike Cap Gains in Oil Prices? Oil prices held steady on Tuesday as markets…
Oil News: OPEC Output Plans in Focus as 200-Day Sets Tone for Oil Demand
Can OPEC+ Production Plans Cap Recent Oil Prices Forecasts? Traders are pricing in OPEC+ production plans, with four…
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,…