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The oil market has steadied after falling for two consecutive sessions as the latest inventory numbers from the American Petroleum Institute (API) remain largely supportive. Natural gas rallied after...
European gas prices came under further pressure as ongoing discussions on Russian gas flows via Ukraine, stronger LNG imports and milder weather forecasts eased any immediate supply concerns. Other...
Crude oil is trading with marginal losses this morning after settling higher at the end of last week. Concerns over waning demand in China have largely overshadowed the threats of tighter US and...
Oil prices have been better supported recently on the back of reports that the US is potentially looking to impose further sanctions against Russia, which could target oil Energy – Sanctions Risk Oil...
Oil prices continued its steady move higher on Wednesday, up around 2%. This is a slight surprise given that OPEC downgraded its 2024 and 2025 forecasts. OPEC Monthly Report OPEC has cut its forecast...
The global Crude Oil market is set to return to surplus in 2025 despite OPEC+ extending supply cuts. This surplus should see prices trending lower next year. However, there are risks 2025 oil...
Crude Oil prices rose on Monday on Middle East uncertainty after the fall of Bashar al-Assad in Syria as well as expectations that China will stimulate their economy with lower interest rates...
A week that saw a lot of choppy price action as markets awaited the US jobs report on Friday. A stellar jobs print of 227k and a slight uptick in the unemployment rate to 4.2% appear to have sealed a...
A handful of OPEC+ members decided to extend supply cuts into next year and also slow the pace at which they will bring supply back onto the market. While this move reduces the scale of the surplus...
Oil prices plummeted after one big bank made a major bet that a deal by OPEC to extend cuts would go down in flames. Reuters reported that -A single bank sold a large volume of U.S. oil futures...
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