The White House imposed sanctions on Iran’s oil minister and on more companies and vessels used in the transport of the OPEC ...
Front Month ICE Brent Crude for May delivery lost $1.07 per barrel, or 1.51% to $69.88 today --Off 23.35% from its 52-week high of $91.17 hit Friday, April 5, 2024 --Up 1.00% from its 52-week low of ...
IEA projects global oil supply to exceed demand by 1 million b/d in 2025 due to trade tensions and OPEC+ cuts.
S&P Global Commodity Insights estimates that the average break-even price for US shale producers this year is $45 per barrel ...
IEA Says Trade Tensions Weigh on Oil Demand, Warns of Supply Surplus The International Energy Agency said the macroeconomic conditions underpinning its oil-demand projections have worsened over the ...
The crude oil markets continue to see a lot of action at a massive support level, but at this point in time, we don’t see the necessary momentum to get the market rallying significantly.
Of the 35 trading days since President Trump's inauguration, Brent has settled lower on 20 and has recorded a lower ...
The West Texas Intermediate for April delivery decreased 1.13 U.S. dollars, or 1.67 percent, to settle at 66.55 dollars a barrel on the New York Mercantile Exchange. Brent crude for May delivery lost ...
President Trump in a social media post on Thursday threatened to impose 200% tariffs on alcohol from the European Union, one day after the EU said it planned to impose a 50% import tax on U.S. whiskey ...
The Energy and Petroleum Regulatory Authority (EPRA) in Kenya is preparing to announce new fuel prices on March 14, 2025, ...
In the US, nationwide commercial inventories rose for a second week, though the 1.4 million barrel gain was a fraction of the increase predicted by an industry group. Levels at Cushing, Oklahoma — the ...
If the market conditions were to remain consistent for the remainder of the month – an unlikely scenario with the rand/dollar ...