OPEC+ has delayed its meeting from December 1 to December 5. Most analysts believe that oil production cutbacks will be ...
Technical studies are mixed on daily chart as 14-momentum is neutral, MA’s in bearish configuration and stochastic is oversold. Look for direction signals on break of either $68.00 or $70 triggers.
​ WTI crude oil prices recovered sharply yesterday, with WTI rallying off $68. In the short-term, the price now targets the ...
However, it should be considered that the naphtha yield in a barrel of crude oil is a relatively small portion of the overall ...
On the other side, traders need to look towards $67.12 – a level that held the price in May and June 2023 – to find the first support. In case that breaks, the 2024 year-to-date low emerges at $64.75, ...
Crude prices broke out of a consolidation pattern this week but unexpectedly to the downside, despite OPEC+ delaying any output increase until at least April of next year.
Christopher Tahir, a senior market strategist at Exness, said oil prices steadied in early trading following a significant ...
Natural Gas (NG) is trading at $3.41, down 0.47% on the day, with the price hovering around a crucial pivot level. This level ...
Oil edged lower in early Asian trade. Trade remains in a tight range despite OPEC’s decision to keep voluntary production cuts, ANZ Research said.