WTI crude oil rallies above $62.20 resistance, targeting previous tops at $64.75 and $66.49 with bullish momentum intact.
Crude oil futures traded lower on Friday morning after the US eased some sanctions on the oil industry in Venezuela.
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Breaking news: Trump claims India to buy crude oil from Venezuela, aims to end 50% US tariff threat
US President Donald Trump has made a bold geopolitical announcement, claiming that India will now purchase crude oil from ...
Crude oil needs Iran supply shock to break resistance, Reuters columnist says. Technical setup suggests market anticipates ...
OilPrice.com on MSN
Why Oil Reacts Violently at "Random" Levels
Oil price moves aren't random, and sharp reversals and stalls are often driven by options positioning and mechanical hedging ...
The Trump administration awarded $500 million in contracts for Venezuelan oil sales to two firms with a history of bribery and corruption.
SOUTH GOA, India, Jan 29 (Reuters) - India's state-run Bharat Petroleum Corp (BPCL) will set up a trading desk in Singapore ...
There are also concerns about what this could mean for regional oil supplies. Any escalation may pose a risk to Persian Gulf oil flows through the Strait of Hormuz, where around 20 million barrels a d ...
OilPrice.com on MSN
China's Crude Hoarding Is Propping Up Oil Prices
Crude imports hit record highs, with December stockpiling estimated at 2.67 million bpd-the fastest pace since 2020-as ...
Ecuador confirmed a retaliatory 900% increase in the tariff it charges to transport Colombian crude oil through its petroleum ...
With the US lifting some sanctions on Venezuelan oil, the Trump admin has reportedly given India a green light to tap Venezuelan oil as well as its Russian oil imports fall.
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