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Fading geopolitical risks and rising global supply outweigh U.S. demand strength, placing further pressure on oil prices.
Crude oil holds above the 200-day MA as traders await OPEC’s decision and summer demand signals. Inventory draws and China’s ...
Oil prices rose on Friday but were set for their steepest weekly decline since March 2023, as the absence of significant ...
Crude oil prices are heading for their steepest weekly drop since March 2023, as supply fears linked to the Iran–Israel ...
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How Trump’s ‘Drill, Baby, Drill’ and Strait of Hormuz Risks Shape the Future of Oil MarketsEVERYONE, KEEP OIL PRICES DOWN. I’M WATCHING! YOU’RE PLAYING RIGHT INTO THE HANDS OF THE ENEMY. DON’T DO IT!” President ...
WTI crude rebounds to $65.65 after $13 drop but faces resistance near $67. Oil markets await OPEC meeting and U.S.–China ...
West Texas Intermediate (WTI) Oil price advances on Friday, early in the European session. WTI trades at $65.12 per barrel, ...
Iran’s retaliation was not as bad as feared and Israel and Iran remain in a tepid truce – with what President Trump is ...
Investors are shifting their focus to macroeconomics and oil balances, while monitoring the Israel-Iran truce, said PVM analyst Tamas Varga. UBS analyst Giovanni Staunovo said oil prices had tracked ...
Tom Yeung here with today’s Smart Money. If you blinked this week, you may have missed a lot. After President Donald Trump ...
Thursday closed up +0.32 (+0.49%), and August RBOB gasoline (RBQ25 ) closed up +1.17 (+0.57%). Crude oil and gasoline prices ...
The price of oil has slid in recent days despite an escalation in Middle East tensions. Have investors become desensitized to ...
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