News

Upside for crude oil is likely to remain limited while OPEC+ maintains a trajectory of production hikes. Click to read.
HSBC expects OPEC+ to accelerate supply hikes in August and September, which is likely to raise downside risks to the bank's ...
Oil prices gain more than 1% after Chinese state media reported that U.S. President Trump spoke with Chinese leader Xi Jinping.
A meaningful upside in oil prices seems limited as the recent rally has been driven more by geopolitical risks than by ...
Oil prices settled down just over 1% on Wednesday after U.S. data showed surprisingly large build in gasoline and diesel ...
There are downside risks for oil in the coming months, particularly from higher supply. However, prices could rise again from ...
Crude oil futures slipped on Wednesday, impacted by weak global demand and reduced trading positions. WTI and Brent crude ...
WTI crude dips near $60 as OPEC+ signals output boost; US GDP shrinkage tempers demand outlook while natural gas tightens ...
Over a one-month horizon, BofA recommends an "underweight" position for WTI, Brent, gasoline, natural gas, livestock, agricultural and soft commodities, and an "overweight" position for gold, silver, ...
Front Month ICE Brent Crude for Aug. delivery gained 48 cents per barrel, or 0.74% to $65.34 today --Up three of the past four sessions --Off 25.27% from its 52-week high of $87.43 hit Thursday, ...
Brent Crude struggles near $63.50 support amid descending triangle formation. A breakout above $64.50 may trigger a push ...