Oil market trends are more relevant to investors, traders, and global economic enthusiasts today. The capacity to analyse and interpret price action may be a source of knowledge that can guide one in ...

The EIA’s April STEO report has made significant and major revisions to the projected world oil production due to the ...

Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Oil futures surged to a five-month high Monday morning after the U.S. struck Iranian nuclear ...

Brent crude oil price remains under pressure as it faces a double whammy of weak demand and high supplies in the coming months. It trades at $64.65, a few points above this month’s low of $58.46. This ...

Oil price bounced from $90 but volume, open interest, and options data all point to a hollow rally. One level decides the ...

Last month, we reported that commodity analysts at Standard Chartered have been bucking the overwhelmingly bearish sentiment pervading Wall Street, maintaining a decidedly bullish outlook even as oil ...

StanChart has turned bearish on oil, slashing its 2025 forecast by $16 to $61/bbl amid recession fears. Saudi Arabia appears ready to tolerate lower oil prices. Manufacturing is a big part of MBS’ ...