Tag: oil
Which Oil is Best for Petrol Engines?
Jennifer -
Choosing the right oil for your petrol engine is essential for maintaining its performance, efficiency, and longevity. Engine oil plays a pivotal role in...
Indonesia Stocks Close Lower Amid Sector Weakness; IDX Composite Falls 0.38%
Jennifer -
Indonesia's equity markets ended Thursday in negative territory, with the IDX Composite Index declining by 0.38%. Losses in key sectors such as Financials, Agriculture,...
Crude Oil Price Forecast: Bearish Trend Continues
Jennifer -
Crude oil prices have been hovering around the $68.64 mark since the morning of December 5, 2024, as the market awaits a breakout to...
Taiwan Stocks Fall, Taiwan Weighted Index Drops 0.16%
Jennifer -
Taiwanese stocks ended lower on Friday, with losses in the Electricity and Glass sectors weighing on the market. At the close, the Taiwan Weighted index...
Turkish Stock Exchange Flat at Open: BIST 100 Slightly Up
Jennifer -
The Turkish stock market opened flat on Thursday, with the BIST 100 index registering a very modest increase. The index stood at 9,640.57 points,...
Taiwan Stocks Close Lower: Taiwan Weighted Declines 1.17%
Jennifer -
Taiwan's stock market ended lower on Wednesday, with the Taiwan Weighted index dropping by 1.17%. The decline was primarily driven by losses in the...
Brent Oil Price Forecast Update – November 8, 2024
Jennifer -
Brent crude oil is experiencing downward pressure, having broken below the $75.36 level, and is expected to continue facing bearish sentiment for the remainder...
Brent Oil Price Forecast – November 7, 2024
Jennifer -
Brent oil prices are showing a bearish bias as they test the $75.36 level, which is a critical point for the continuation of the...
Crude Oil Price Faces Strong Resistance – Forecast for November 6, 2024
Jennifer -
Crude oil prices are currently fluctuating around the 72.15$ level, where strong resistance is being encountered. The market is waiting for a positive catalyst...
8 OPEC+ Members Extend Voluntary Oil Output Cuts by One Month
Jennifer -
VIENNA: Eight member countries of the OPEC+ oil-producing group announced on Sunday that they will extend their voluntary output cuts by one month, continuing...
Indonesia Stocks Lower at Close; IDX Composite Index Declines 0.92%
Jennifer -
Indonesia's stock market closed lower on Friday, with the IDX Composite Index dropping by 0.92% as losses in the infrastructure, financial, and agriculture sectors...
What Causes High Oil Prices?
Jennifer -
Oil prices play a significant role in shaping the global economy. As a key resource for industries, transportation, and energy, fluctuations in oil prices...