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 ...
Nigeria is one of Africa’s largest crude oil producers and most of its exploration happens in the south of the country. A ...
Oil prices rose by more than 3% after Russia’s massive strike against Ukraine on Sunday – the largest of its kind since Aug.
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Oil Oversupply Fears Grow as U.S. Production Hits New HighsAt the same time, oil consumption in China, the world’s largest crude consumer, has declined for six consecutive months ...
Oil prices rose on Tuesday, extending steep gains from the previous session as production was halted at Norway’s Johan ...
Trump’s goal to increase US oil production — by making fracking more accessible with open drilling permits and by expanding ...
Saudi Arabia's crude oil exports in September rose to their highest level in three months, data from the Joint Organizations ...
If the heavyweight Saudi Arabia is no longer willing to give up market share in favour of higher prices, and the cartel ...
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, the IEA said, ...
The International Energy Agency (IEA) on Thursday raised its projection for 2024 oil demand growth but trimmed its forecast ...
Marco Rubio has been selected by Trump for secretary of state. Rubio has long pushed for tougher US policy on Iran and China, ...
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