On the upside, the 55-day Simple Moving Average (SMA) at $70.05 is the first barrier to consider before the hefty technical level at $73.17, which aligns with the 100-day SMA. The 200-day SMA at ...
Iraq’s economic growth is climbing as it leverages its connections with major economies in the East and the West—and its ...
The price for WTI has fallen from $72.26 close on election day to $67.03 in trading early Monday. But if the price goes too low, OPEC could cut its own production to keep prices higher, said the ...
Oil prices were lower this week as the post-election enthusiasm waned, demand concerns returned, and as the US dollar ...
Experts believe prices would remain bearish in the short term and might further collapse as the oil market witnesses rising ...
Thursday closed up +0.27 (+0.39%), and December RBOB gasoline (RBZ24) closed up +0.0166 (+0.84%). Crude oil and gasoline ...
You may have noticed that gas prices have been on the cheaper side over the last several weeks and prices are expected to be ...
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...
Oil steadied after the biggest one-day drop in almost two weeks as a soft outlook in top importer China continued to plague the market.
Despite the Middle East unrest, traders are focusing on the growing oil production ... even if the Organisation of Petroleum ...
In an exclusive conversation, Youssef Salem, CFO of ADNOC Drilling, shares insights into the company’s recent achievements ...
Market drivers Fears of a broader Middle East war that could affect crude flows from the region have diminished since earlier this fall, while Donald Trump's presidential election victory leaves ...