Oil prices plunged in early Wednesday trading, erasing previous gains as both WTI and Brent crude faced renewed selling pressure. Persistent oversupply from major producers continues to weigh on senti
WTI slips below 50-day MA as API/EIA Inventory looms; bearish Oil Outlook unless Futures clear 200-day. OPEC, Production and Oil Demand in focus.
The cartel's estimates remain well above the International Energy Agency's.
World oil supply is expected to match demand next year in a reflection of the wider OPEC+ group's production increases, an OPEC report showed on Wednesday, marking a further shift from its earlier pro
The key international agency forecasting energy demand now says the current path will have consumption of oil and gas growing through 2050, as electric-vehicle adoption misses its earlier estimates.
The International Energy Agency further tempered its stance on an imminent peak in oil demand, reinstating a scenario in which global consumption keeps growing to the middle of the century. While oi
Oil prices hover near $61 as traders await OPEC and IEA reports. A breakout above $65 could reignite bullish momentum in crude markets.
Demand for oil and natural gas continues to grow to 2050 under a scenario based on existing policy and regulations, the energy watchdog said.
Oil edged lower in the morning Asian session, potentially reflecting a technical correction after futures rose for a third straight session overnight.
Oil prices were little changed on Wednesday after rising in the previous session amid expectations that an end to the longest-ever U.S. government shutdown could boost demand in the world's biggest cr
A Pacific drilling plan could inflame the administration's feud with California's governor, Gavin Newsom.
Chevron Corporation is downgraded to Hold due to increased uncertainty around China's oil demand and its impact on oil prices. China's strategic petroleum reserve fill has been a major support for oil
Crude oil exploded from a bull flag anchored at key support Tuesday, reaching $61.43 while reclaiming the 10-day average and probing the 20-day line.
Oil prices have moved out of recent consolidation.
Oil attempted to rally on Tuesday after dipping below $60, but resistance between $60 and $62 remains firm. The analyst sees crude trading sideways amid persistent oversupply from the U.S., OPEC, and
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE