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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...

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...

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

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)

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

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

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

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

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

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

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

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

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?

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)

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...

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