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By boosting supply in a market already grappling with sluggish demand, the move is likely to keep oil prices lower for an ...
SINGORE -Oil prices slipped on Friday but were on track for their first weekly gain in three weeks after U.S. President Donald Trump and Chinese leader Xi Jinping resumed trade talks, raising hopes ...
Oil edged lower in the early Asian session amid lingering supply concerns.
The recent OPEC+ decision to increase production could further pressure oil prices. Click here to find out why I rate SU ...
West Texas Intermediate rose 0.8% to settle above $63 a barrel after China’s official news agency reported that Presidents Donald Trump and Xi Jinping spoke over the phone. The conversation is ...
West Texas Intermediate (WTI), futures on NYMEX, trades sideways around $62.20 during European trading hours on Friday. The Oil price consolidates as investors await the United States (US) Nonfarm ...
Since our last report oil prices remained relatively stable. In today’s report we are to have a look at some key issues that tend to tantalise oil traders, primarily related to the demand and supply ...
The U.S. jobs data for May could prove to be a pivotal stress test of the labor market amid the tariff turmoil. If the labor market weakens only modestly in May, the Fed won't see an urgent need to ...
Oil prices are defying the odds right now, rising despite a near-certainty that the oil market will be oversupplied in a ...
Crude oil prices are heading for a weekly gain fueled by U.S.-China trade optimism and geopolitical supply risks despite ...
The crude oil market continues to see a lot of noisy trading, as we are in the middle of a range currently. Looking at the volume, it also seems as if we are trying to accumulate oil, despite the OPEC ...
More than two dozen banks have cut their 2025 forecasts for oil prices in the wake of OPEC's move to accelerate production hikes later this summer, according to a new survey by corporate law firm ...