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Gulf Oil Investment Seen Resilient Despite Crude Price Slump
Despite international oil prices plunging to their lowest levels in four years, Gulf countries are expected to press ahead with their exploration and production...
As Malaysian Oil Reserves Dwindle, Uganda Emerges as an Unlikely New Frontier
With Malaysia’s oil reserves rapidly depleting, Uganda, a lesser-known oil-producing nation in East Africa, may hold the key to securing future resources. Uganda, with...
Crude Oil Surrounded by Positive Pressures: Analysis for April 22, 2025
Crude oil has shown strong upside momentum in its recent intraday trading, after successfully retesting the key support level at $61.50. This formed a...
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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...
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Oil Markets Close for Good Friday, But Prices Rise Ahead of Holiday
Oil markets were closed on Good Friday, a holiday observed before Easter Sunday, but the benchmarks saw...
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Brent Crude Oil Prices Show Positive Momentum – Market Analysis for April 14, 2025
Brent crude oil (BRENT) prices experienced a slight dip in recent intraday trading, as the market attempts...
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Types, uses and impacts of crude oil
Crude oil is a liquid fuel source located underground.It is extracted by drilling Wells.Crude oil is used in transportation, petroleum products and plastics. composition: Fifty to...
What is the difference between crude oil and petroleum?
Difference between crude oil and petroleum: Oil in a narrow sense refers to crude oil.In a broad sense, oil is a big concept; rude oil is...
The difference between WTI crude and Brent crude
Differences between WTI crude and Brent crude: 1.They come from different places WTI crude oil is produced in West Texas, USA;Brent crude oil is produced in...
What is Brent crude oil?
Brent crude oil is a kind of North Sea crude oil, from the North Atlantic Brent region named, is the intercontinental Exchange in London...
Us stocks and us bonds rebounded strongly after the Fed raised interest rates by a large margin
In June, the Federal Reserve's FOMC raised interest rates by 75 basis points, the largest increase in nearly three decades since 1994, to levels...
Oil companies respond to Biden’s “Threat” : Do these 10 things to lower gas prices
On Wednesday June 15th, as the Federal Reserve was busy raising interest rates, President Joe Biden was busy writing letters demanding that American oil...
WTI VS BRENT: WHAT ARE THE DIFFERENCES?
Two of the most commonly traded types of crude oil are WTI and Brent. It is worth understanding what the top differences between WTI and Brent...
The Oil Price Rally Shows No Sign Of Slowing
The U.S. national average for gasoline hit $5 per gallon last week, the highest ever. Brent crude is trading at $120 per barrel and...
Oil Climbs Back To Nearly $123
Bearish sentiments on oil demand coming from renewed COVID lockdowns in China that shaved $4 off oil prices early on Monday failed to maintain...
Crude oil likely to remain volatile ahead of US Fed meeting; $110-125 per barrel range eyed
Crude oil and gasoline prices have been a hot topic for almost everyone recently as the basket of crude oil that India buys has...
Gasoline Prices In U.S. See Eighth Rise In As Many Weeks
Gasoline prices rose for the eighth straight week, according to a Monday GasBuddy newsletter, cautioning that the United States is just one supply jolt...
OPEC Reference Basket (ORB) US Dollars per Barrel:OPEC BASKET PRICE ON JUNE13TH 2022
In June of 2022, the average price of the OPEC basket so far this month is $119.6 per barrel, while the price was $113.94...