Tag: EIA

Crude oil trading can be highly lucrative, yet it involves a considerable level of risk and complexity. As a cornerstone commodity in the global...

Crude oil is one of the most actively traded commodities in the world. Its price movements are influenced by a myriad of factors, including...

Oil prices rose on Wednesday, driven by positive global demand forecasts from the U.S. Energy Information Administration (EIA) and the Organization of the Petroleum...

Oil prices remained near four-month lows on Wednesday as markets anticipated a supply increase later this year when OPEC+ begins to unwind some output...

Oil prices held steady on Friday, with investors weighing the latest statements from the U.S. Federal Reserve regarding interest rates amidst persistent inflation concerns....

Oil prices dipped by over 1% on Wednesday, marking their third consecutive day of decline. This downward trend is attributed to growing expectations that...

Oil prices saw a continued upward trend on Thursday, building on gains from the previous session. The surge was attributed to signs of heightened...

Oil prices edged lower, as indications of easing supply concerns took precedence, while market attention turned towards upcoming U.S. stockpiles data expected later in...

Oil prices experienced a downturn in early Asian trading on Wednesday, driven by data indicating a buildup in both crude and fuel inventories in...

Oil prices rebounded on Thursday as unexpected drawdowns in U.S. crude and gasoline inventories provided support, despite indications that the U.S. Federal Reserve may...

Global oil prices retreated slightly on Wednesday, driven by a stronger dollar and profit-taking following recent multi-month highs. The market remains cautious amid ongoing...

Oil prices experienced gains in early trading on Thursday, bolstered by robust demand in the U.S. following a decrease in gasoline stocks to a...