Oil prices dip as OPEC cuts demand forecast, economic cues awaited
Original source: https://www.investing.com/news/stock-market-news/oil-prices-dip-as-opec-cuts-demand-forecast-economic-cues-awaited-3568059
Read More »Oil Weekly Forecast: Crude Oil Markets Dissatisfied by OPEC+
Crude oil prices slumped last week after OPEC+ announced voluntary cuts into 2024 as US factors play an important role in short-term guidance this week.
Read More »Crude Oil Price Forecast: Bears Reload but Energy Market Outlook Stays Positive
The attack on Israel has the potential to lead to upward pressure on oil prices in the near term, especially if irrefutable evidence surfaces linking Iran to the acts of…
Read More »Crude Oil Price Surge in Focus After Hamas Attacked Israel, Retail Bets Remain Bullish
Crude oil prices gapped and finished Monday 4.35% higher after Hamas’s attack on Israel generated potential supply disruption woes. Retail bets remain net-long. What are key levels to watch?
Read More »Stocks making the biggest moves premarket: Marathon Oil, Macy’s, WWE and more
Energy stocks rose broadly Monday after OPEC surprised the market by announcing a production cut, which led oil prices to soar. Original source: https://www.cnbc.com/2023/04/03/stocks-making-the-biggest-moves-premarket-mro-m-wwe-and-more.html
Read More »Crude Oil Price Outlook: WTI Set for Worst Week Since March? Falling Wedge in Focus
Crude oil prices are nearing a 10 percent loss this week, which would be the worst since March amid rising recession woes. WTI appears to be trading within a Falling…
Read More »Crude Oil Rises a Third Day from 76 Support as Risk Appetite Adds to Supply Data
Crude oil prices charged higher for a third straight session, further setting the 76 support level established by the 61.8 percent Fibonacci level of the commodity’s historical range. But what…
Read More »Crude Oil Prices Crushed on Market Imbalances, WTI at Risk as Asia-Pacific Markets Open
Crude oil prices were crushed on Friday as the futures market entered contango. Wall Street risk aversion may set a sour tone for Asia-Pacific markets to start the week.
Read More »