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Precious metals and oil futures ticked lower on Thursday as the US dollar (DXY) held steady, while focus was also on the ...
Oil futures shook off early weakness and turned higher, while remaining on track for a small weekly loss driven by concerns that OPEC+ will decide on another large output increase for July.
This marks a substantial downward revision from ICICI Bank’s previous forecast of $65 to $80 per barrel. The bank now estimates that the average price of Brent crude in 2025 will be around $65 ...
OPEC+ supply talks, surprise U.S. inventory builds, and weak demand pressure Brent and WTI, while natural gas sinks on strong ...
The West Texas Intermediate for July delivery gained 33 cents, or 0.54 percent, to settle at 61.53 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for July delivery increased 34 ...
The oil markets are very noisy again on Friday, as we have a lot of outside influence in this market at the moment. Just this morning on Friday, we have seen rumblings about a new tariff from America ...
This supply dynamic has contributed to oil futures being approximately 13% lower year-to-date. Furthermore, the ongoing ...
U.S. crude oil storage demand has surged in recent weeks to levels similar to the COVID-19 pandemic, according to data from ...
2-Year U.S. Treasury Note Continuous Contract $103.316 0.039 0.04% 5-Year U.S. Treasury Note Continuous Contract $107.609 0.250 0.23% 10-Year U.S. Treasury Note Continuous Contract $109.953 0.453 ...
Nigeria's flagship crude oil grade, Bonny Light, is currently commanding a significant premium, trading at an impressive $14 ...
South Africa will wait for global oil prices to rise to around $100 a barrel before selling more of its strategic crude ...
Oil prices have staged a decent recovery as the day has progressed following renewed demand concerns to start the week. Click ...