#oilprice#

Oil prices rebounded after four days of losses as traders weighed production risks in the Middle East against concerns over a global oversupply. Brent crude neared $75 per barrel, while West Texas Intermediate approached $71. Earlier declines were driven by reports that Israel wouldn’t target Iran’s

Oil rose in early Asian trade on Wednesday on continued uncertainty over conflict in the Middle East, after falling as much as $5 this week to the lowest levels since early October. The OPEC and the IEA cut their forecasts for global oil demand growth in 2024 mainly due to China. The world’s second

Oil prices ticked up on Friday as investors balanced a sharp drop in U.S. crude inventories and OPEC+ production delays against mixed U.S. employment data. Brent crude futures rose 0.26% to $72.88, while U.S. WTI futures gained 0.32% to $69.37. "Crude edged higher as bullish signals outweighed recen

Giá dầu tăng nhẹ vào thứ Sáu khi các nhà đầu tư cân nhắc việc lượng tồn kho dầu thô của Mỹ giảm mạnh và OPEC+ trì hoãn việc tăng sản lượng so với dữ liệu việc làm hỗn hợp của Mỹ. Hợp đồng dầu Brent tăng 0,26% lên 72,88 USD, trong khi dầu WTI của Mỹ tăng 0,32% lên 69,37 USD. "Giá dầu tăng cao hơn khi

Asian markets fell in tandem with Wall Street futures on Thursday, driven by disappointing investor reactions to Nvidia's third-quarter revenue forecast. Despite Nvidia's forecast of $32.5 billion surpassing expectations, its shares dropped 7.6% in after-hours trading, erasing about $236 billion in

Oil prices have seen a slight increase on Thursday, with Brent crude rising 0.2% to $79.93 per barrel and WTI crude up 0.3% to $77.21 per barrel. This follows a decline of over 1% on Wednesday due to an unexpected rise in U.S. crude inventories and easing Middle East conflict concerns. The current u

Saudi Aramco established over a decade ago is known for their huge oil reserves and high-tech stuff. They run some of the world's biggest oil fields like Ghawar, which keeps Saudi Arabia and global oil markets steady. Sinopec is China's top energy and chemical company. They cover everything from exp

The latest Oil Monitor report from Bank of America indicates a significant drop in oil prices due to changing market dynamics, with supply-side factors overshadowing geopolitical concerns. Citi's analysis concurs, highlighting a softening perception of geopolitical risks in the Middle East, which ha

The Canadian dollar continues to limp along after the BOC held its rate steady as expected and signaled they could get closer to monetary loosening at its meeting earlier this month. EBC Industry In-depth Analysis suggests that the Canadian dollar may remain weak as policymakers adjust to the changi