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Global Oil Output Hits Record High in April Despite Dip in Crude Production

Global oil production surged to a new all-time high in April, driven by increased output of non-crude liquids, according to preliminary data from Energy...

Oil Prices Climb 3% on U.S.-UK Trade Deal and Hopes for Progress with China

Oil prices surged on Thursday, buoyed by renewed optimism over global trade prospects after U.S. President Donald Trump announced a new trade framework with...

Oil Heads for Weekly Gain on Renewed Trade Optimism

Oil prices are poised to notch weekly gains of over 3%, supported by renewed confidence in global trade talks. In early Friday trading, Brent...

Brent Crude Faces Negative Pressure – Analysis – 07-05-2025

Brent crude oil prices showed gains in recent intraday trading, testing the key bearish trend line on the short-term chart and reaching resistance at...

Brent Crude Oil Price Outlook

Brent crude oil has seen a decline in recent intraday trading, as it broke a prior bearish correctional trend. The shift follows the emergence...

Oil Prices Post Weekly Gains on Trade Deal Hopes and New Sanctions

Oil prices rose sharply on Thursday, posting a weekly gain as optimism surrounding a potential trade deal between the United States and the European...

Crude Oil Prices Test Key Resistance – Market Analysis for April 14, 2025

Crude oil prices experienced a slight decline in recent intraday trading, as the market tested the critical resistance level at $61.50. This price point...

Rupee Jumps 51 Paise to 86.17 Against Dollar on Weaker Greenback, Positive Market Sentiment

The Indian rupee surged in early Friday trading, strengthening by 51 paise to 86.17 against the U.S. dollar, buoyed by a combination of bullish...

Brent Crude Attempts Resistance Retest Amid Lingering Downward Pressure – Analysis for April 8, 2025

Brent crude oil prices advanced in the latest intraday session, seeking to recover from a recent steep decline and testing key resistance at $64.80....

Brent and Light Crude Oil Prices Fall in London and New York

The prices of both Brent crude oil and Light crude oil saw declines in trading on April 2, 2025. On the London ICE (Intercontinental...

Oil Imports Exempted from Trump’s Sweeping Tariffs

WASHINGTON — The U.S. oil industry received a significant relief on Wednesday as imports of oil, gas, and refined products were exempted from President...

Brent Crude Price Tests Key Resistance at $73.60 – Market Forecast for March 31, 2025

Brent crude oil prices have shown upward movement in recent intraday trading as they attempt to break through the critical resistance level at $73.60....

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