Crude oil markets have been somewhat quiet during the trading session on Thursday, as we wait to see what the next move is.

Oil prices edge higher after Wednesday bounce

07:33am, Thursday, 29'th Jun 2023
Oil futures edged higher Thursday, attempting to build on a bounce scored the previous session after data showed a large drop in U.S. crude inventories.
WTI crude oil prices decline on profit-taking and rate hike concerns, compounded by weak Chinese data.

Big Oil Mulls a Slippery Future

12:01am, Thursday, 29'th Jun 2023
Ask energy executives how much oil the world will need by 2050 and you will get very different opinions.
Oil prices eased on Thursday, paring some of the previous day's gains, as investors took profits on concerns that further interest rate hikes by central banks could dampen economic growth and global f
Oil futures finished higher on Wednesday after the Energy Information Administration reported that U.S. crude supplies fell by nearly 10 million barrels for the week ended June 23. “There are relati
Oil markets gained strong upside momentum as U.S. crude inventories declined by 9.6 million barrels.
The Wagner rebellion in Russian shocked the world. The oil market reacted with a collective yawn.
Crude oil markets have gone back and forth during the session on Wednesday, as we continue to see a lot of noise in this vicinity.
The EIA report showed that U.S. Strategic Petroleum Reserve dropped to lowest level since 1983.
WTI crude oil futures bounce as traders navigate uncertainty amidst interest rate hike signals, falling U.S. inventories and Chinese oil demand.
Oil prices edged higher on Wednesday as markets worried about supply tightness in the U.S., the world's biggest oil consumer, after data showed a larger-than-expected draw in its crude and gasoline in
Oil markets are under pressure as traders focus on the hawkish comments from ECB President Christine Lagarde.
Crude oil markets initially fell during trading on Tuesday, but found enough support to turn things around. By doing so, it looks like we stay in the range.

Oil prices slump, shaking off Russia mutiny

08:01am, Tuesday, 27'th Jun 2023
Oil futures slumped Tuesday after delivering only a modest rise the previous session following a chaotic weekend in Russia that saw the mercenary Wagner Group stage a short-term rebellion that raised
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