The American Petroleum Institute (API) estimated that crude oil inventories in the United rose by a massive 9.043 million barrels for the week ending January 31 ...
Crude oil prices fluctuated amid concerns over U.S. tariffs on Canadian and Mexican imports but are set to end the week lower ...
The daily chart for WTI crude oil shows that the price trades within a triangle pattern and remains under bearish pressure. The price has broken below the 50-day and 200-day SMAs. The 50-day SMA ...
Because of this, some of the anxiety in the oil markets seems to have disappeared. The crude oil market in the ... massive support zone on longer term charts. We just don’t have the bounce ...
While the current output is near a record level ... weakness in China will create a bearish picture for crude oil prices. The chart shows that in 2023, the U.S. and China led the world in ...
Crude oil prices ... % tariffs on Canadian crude oil, though Trump has delayed the decision by 30 days for further negotiations. Despite the current decline in oil prices, geopolitical tensions ...
The Energy Information Administration (EIA) released its latest report ... on the price of petroleum products, which could, in turn, impact inflation. The level of crude oil inventories is a ...
The total liquids supply is flat, but NGLs are not a good replacement for crude ... in global oil prices. Aside from the recent surge in oil prices, mostly related to the latest sanctions on ...
Crude oil futures traded higher on Thursday morning after Saudi Aramco announced an increase in prices for March delivery to buyers in Asia. At 9.55 am on Thursday, April Brent oil futures were at ...
It is the rapid price deterioration in Canadian WCS crude that led to the underwhelming performance. The chart and table reproduced ... of the top Canadian oil and gas producers, as well as ...
The Minister of State Petroleum Resources (Oil), Heineken Lokpobiri, has reiterated that the price of crude oil in the international ... attributed the current reduction in prices of petrol ...
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