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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...

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...

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...

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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Brent Oil Price Attempts Recovery – March 6, 2025 Forecast

Brent oil prices experienced a noticeable upward bounce after testing the $68.70 level in previous sessions, driven by stochastic indicators showing positive momentum. The...

Brent Oil Price Faces Resistance as Momentum Slows (March 3, 2025)

Brent oil price is currently testing the key resistance level of $74.00, which forms a significant cluster of resistance on the chart. However, the...

Natural Gas and Oil Price Forecast: OPEC+ Decisions and Economic Dynamics Influence Market Outlook

Market Overview: Oil prices are poised for their first monthly decline since November, with concerns about global economic growth and fuel demand fluctuations taking...

Brent Oil Price Rises, Tests $74 Mark – February 28, 2025 Forecast

Brent crude oil prices have continued their upward trend, testing the $74 per barrel level. However, the price has faced resistance and remains below...

Brent Oil Prices Resume Main Bearish Trend – Forecast for February 26, 2025

Brent oil prices experienced a sharp decline yesterday, breaking below the $74.00 level, signaling a continuation of the bearish trend within the established bearish...

Crude Oil Price Hits Target – Market Forecast for February 24, 2025

Crude oil prices continued their downward movement, successfully reaching the anticipated target of $70.30, where they are currently consolidating. The price is exerting negative...

Crude Oil Price Faces Negative Pattern – February 21, 2025 Forecast

Crude oil prices saw a rise yesterday, reaching the 72.65$ mark. Holding above 72.30$ continues to support the possibility of further gains in the...

Crude Oil Price Hits Target – Forecast for February 17, 2025

Crude oil prices have successfully reached the anticipated target of $70.30, finding solid support at this level. However, the price has returned to the...

Oil Prices Set to End Three-Week Losing Streak Amid U.S. Tariff Delays and Rising Demand

Oil prices are poised to break a three-week losing streak as a combination of factors, including rising fuel demand and U.S. tariff delays, supported...

Brent Oil Price Reverses Negative Trend: Positive Outlook for February 11, 2025

Brent crude oil prices saw a notable surge yesterday, breaking through the $76.00 mark. This movement effectively nullified the negative influence of the head...

Oil Prices Set for Third Straight Weekly Fall Amid Tariff Concerns

Oil prices experienced daily gains on Friday but are still on track for a third consecutive weekly decline, as concerns over U.S. President Donald...

What Plastic Is Safe for Gasoline?

Gasoline is a highly flammable and volatile substance that requires careful handling and storage. The materials used for storing gasoline need to be durable,...

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