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Oil Prices Slide Amid Weak Demand Outlook and Geopolitical Uncertainty
Oil prices continued their downward trend, pressured by persistent concerns over weakening global demand and the absence of a resolution in key geopolitical and...
Brent Crude Oil Price Outlook
Brent crude oil has seen a decline in recent intraday trading, as it broke a prior bearish correctional trend. The shift follows the emergence...
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 between the United States and the European...
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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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Brent Crude Attempts Resistance Retest Amid Lingering Downward Pressure – Analysis for April 8, 2025
Brent crude oil prices advanced in the latest intraday session, seeking to recover from a recent steep...
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Brent Oil Price Forecast Update – December 19, 2024
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Brent oil prices have remained relatively stable since the morning, with no significant movement observed. As a result, the bearish trend scenario remains intact...
Crude Oil Price Under Negative Pressure – Forecast for Today (18-12-2024)
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Crude oil prices have continued to experience downward pressure, with the price approaching the $69.00 barrier. The market is now eyeing further declines, potentially...
Brent Oil Price Receives Positive Momentum – Forecast for December 17, 2024
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Brent oil price is fluctuating around the critical support level of $73.90. As mentioned in yesterday's analysis, maintaining price levels above this support is...
Crude Oil Price Forecast – December 16, 2024
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Crude oil prices are displaying a slight bearish bias, approaching the key support level at $70.58. For the bullish trend to remain valid, the...
Brent Oil Price Forecast – December 16, 2024
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Brent crude oil prices are currently showing some bearish sentiment, but the market is awaiting positive momentum that could help resume the expected bullish...
Brent Oil Prices Reach Target – Forecast for 12-12-2024
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Brent oil prices surged higher yesterday, successfully reaching the anticipated target of $73.90. The price is now testing the potential to break through this...
Crude Oil Prices Hit Target – Forecast for 12-12-2024
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Crude oil prices successfully reached the anticipated target of $70.58 and are currently consolidating near this level. The outlook remains bullish, with expectations for...
Brent Oil Price Struggles to Break Key Level – Forecast for 11-12-2024
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Brent oil prices failed to break the $72.06 level, but have shown positive movement at today’s open, setting the stage for potential gains in...
Crude Oil Price Faces Bearish Pressure After Testing Key Resistance: Forecast for December 10, 2024
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Crude oil prices tested the key resistance level at $68.64, but failed to break through, resulting in a bearish bounce. This supports expectations for...
Brent Oil Price Posts Intraday Gains, Faces Potential Bearish Pressure: Forecast for December 10, 2024
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Brent oil prices continued their upward movement yesterday, surpassing the $72.06 level and reaching the $73.00 barrier. However, the 50-period Exponential Moving Average (EMA50)...
Which Oil is Best for Petrol Engines?
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Choosing the right oil for your petrol engine is essential for maintaining its performance, efficiency, and longevity. Engine oil plays a pivotal role in...
Natural Gas Price Fluctuates Below Key Resistance – Forecast for Today (06-12-2024)
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Natural gas prices have recently stalled after a bullish rally, approaching the key resistance level at 2.185$. This has led to a temporary halt...