Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Sep 30, 2024, 4:00 PM CDT Escalation in the Middle East is likely to intensify following the elimination of Hezbollah […]
What Next For Israel, The Middle East, And Oil Prices? Read More »
We use cookies and data to Deliver and maintain Google services Track outages and protect against spam, fraud, and abuse Measure audience engagement and site statistics to understand how our services are used and enhance the quality of those services If you choose to “Accept all,” we will also use cookies and data to Develop
Billionaire Dangote on Nigeria’s Fuel Subsidy, Oil Prices, Soccer Read More »
Oil drilling rigs Oil prices fell on Friday but are on track to post weekly gains after the US Federal Reserve’s interest rate cuts boosted the outlook for global economic activity and, consequently, demand for crude oil. Futures for benchmark Brent crude for November delivery dropped 0.29% to $74.66 a barrel at 08:16 am KSA
Oil declines but bound for weekly rise Read More »
Listen to article NEW YORK: Oil prices rose two per cent on Thursday after the Federal Reserve’s large cut in US interest rates, helping global benchmark Brent crude recover from its lowest in nearly three years hit last week. Brent futures rose to $75.09 a barrel by 12:19pm ET (1619 GMT), up by $1.44, or 2pc, and
Global oil prices rise 2pc Read More »
The retail price of RON97 petrol and diesel in Peninsular Malaysia will drop by six sen, to RM3.19 and RM2.95 per litre respectively, from tomorrow until Sept 25. The Finance Ministry, in a statement today, said the price drop for RON97 and diesel in the peninsula is in line with the recent drop in global
Retail prices of RON97, diesel drop six sen from tomorrow Read More »
WTI kicks off the new week on a weaker note in reaction to the dismal Chinese macro data. Dovish Fed-inspired USD selling bias lends support and helps limit losses for the commodity. The mixed fundamental backdrop warrants some caution before placing fresh directional bets. West Texas Intermediate (WTI) US crude Oil prices attract some sellers
WTI slides below $68.00 amid renewed demand fears after dismal Chinese macro data Read More »
Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Sep 11, 2024, 6:00 PM CDT OPEC+ has delayed the rollback of production cuts, maintaining a reduction of 2.2 million barrels per day until at least
OPEC Production Policies Could Complicate Relationship with Big Oil Read More »
Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Premium Content By Tsvetana Paraskova – Sep 11, 2024, 5:00 PM CDT oil has shown remarkable resilience to geopolitical risks in recent months. Geopolitical risk premiums have led to sporadic
Demand Concerns Dictate Oil Prices Amid Stable Supply Read More »
Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Premium Content By Tom Kool – Sep 10, 2024, 11:03 AM CDT WTI crude futures fell 4.5% on Tuesday morning as hedge funds and money managers continued to sour on crude oil. Bearish Sentiment
Oil Prices Drop 4.5% On Record-Bearish Sentiment from Money Managers Read More »
Oil prices slumped in the past trading week, Commerzbank’s Commodity Analyst Carsten Fritsch notes. Oil prices fall sharply “Brent fell to $70.6 per barrel on Friday, its lowest level since March 2023, and closed at its lowest level since December 2021. WTI hit a 14-month low of $67.2. Brent lost almost 10% week-on-week, with the
Oil prices with massive weekly losses – Commerzbank Read More »
