The recent whipsaw of oil prices are bottoming out, analysts forecast, with a more significant pickup in subsequent quarters in the cards.

S&P500 Pullback Complete or More to Come?

02:33am, Monday, 08'th May 2023
The S&P500 correction forecasted last week is underway. We expect $3925-4000 to be reached.
Oil traders downplaying concerns over demand and global oversupply, while shifting focus to US inflation data and Chinese economic indicators.
U.S. oil futures settled higher on Friday, but still lost over 7% for the week. It remains to be seen whether the rise in oil prices Friday was “just short-covering, or actual buying in the hope tha
Oil gained more than 3% in today's trading session as traders bet on a rebound after the recent sell-off.
Crude oil markets have fallen a bit significantly during the trading week, only to turn around and find plenty of buyers willing to step in and trying to pick the market back up. By doing so, the mark
Crude oil markets have been absolutely hammered recently, but have recovered from extreme lows over the last 48 hours.
Oil futures rose Friday, with the U.S. benchmark attempting to snap a four-day losing streak driven by worries over the economic outlook.
U.S. oil futures finished a few cents lower on Thursday, erasing most of an overnight plunge in prices that had touched their lowest intraday levels of the year. The market had become “deeply overso
Saudi Arabia cut prices for Asian buyers amid worries about the health of the global economy.
Despite concerns over demand and the U.S. economy, oil prices find support as the market absorbs negative news.
With a slowing global economy crimping demand, Moscow appears not to have followed through on pledges to ax output.
Olive oil prices have hit record levels, thanks to a prolonged drought in top producer Spain — and the elevated prices are expected to stay for some time.
Oil futures declined on Wednesday, with U.S. prices settling below $70 a barrel at their lowest level in over six weeks. Oil has continued to slide as “the rising prospect of a U.S. economic slowdow
Oil markets are under strong pressure as traders focus on recession risks.
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