Tag: oil
Does Gasoline Evaporate Quickly?
Jennifer -
Gasoline, a crucial fuel for many vehicles, machines, and industries, is well-known for its volatile nature. It's a liquid fuel derived from crude oil...
The Commodities Feed: Sanctions Push Oil Higher
Jennifer -
Energy – US Tightens Sanctions on Iranian Oil Exports Oil prices saw a significant rally yesterday, with ICE Brent crude closing more than 1.7% higher...
Libya’s Economy Under Strain as Foreign Currency Sales Skyrocket Amid Falling Oil Revenues
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TRIPOLI – Libya’s foreign currency sales have surged dramatically, far outpacing the country’s declining oil revenues, raising concerns over financial stability and foreign exchange...
US Slaps Iran-Related Sanctions on Oil Tankers, Chinese ‘Teapot’ Refinery
Jennifer -
On Thursday, the U.S. Treasury Department imposed new sanctions targeting entities linked to Iran’s oil trade. Among those sanctioned for the first time were...
Crude Oil Price Forecast – March 14, 2025
Jennifer -
Crude oil prices are exhibiting a strong bullish momentum, with the next key resistance level being the 50-period Exponential Moving Average (EMA), currently around...
Brent Oil Price Forecast – March 14, 2025
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Brent oil prices are making a push to break above the $70.75 level, which, as highlighted earlier, is a key threshold for the next...
Stocks Fall, Gold Rises as Tariffs Weigh on Markets
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Stocks in Asia fell on Thursday, reversing early gains, as concerns about the economic impact of President Donald Trump's trade policies overshadowed optimism from...
Crude Oil Price Tests Resistance – Forecast for March 12, 2025
Jennifer -
Crude oil prices have tested the $67.05 level once again and are consolidating below it, facing ongoing negative pressure from the EMA50. This suggests...
Brent Oil Price Attempts Recovery – Forecast for March 12, 2025
Jennifer -
Brent oil prices have risen past the $70.10 level, reaching the resistance line of the bearish channel identified on the chart. However, stochastic indicators...
Crude Oil Price Resumes Decline – Forecast for March 11, 2025
Jennifer -
Crude oil prices have experienced a strong downward movement, successfully reaching the first anticipated negative target at $65.25. This reinforces the expectation of continued...
Brent Oil Price Hits First Target – Forecast for March 11, 2025
Jennifer -
Brent oil prices have experienced a notable decline in recent sessions, successfully reaching the first expected negative target at $69.15. Starting today with a...
Crude Oil Price Forecast Update – March 7, 2025
Jennifer -
Crude oil prices are currently showing strong bullish momentum, approaching the $67.05 mark and attempting to break through this level. This movement signals a...