Given that the downward trendline guiding the commodity’s price lower remains intact we maintain our bearish outlook for oil prices at the current stage. We also note that the RSI indicator ...
Oil was slightly higher in the early Asia session on a possible technical rebound after settling lower following a build in U.S. crude stocks and a rate hold by the Fed.
"Both the IEA and OPEC will release their monthly oil market reports, where they will share their outlook for the oil market." "In addition, the EIA will also release its weekly US oil inventory ...
oil is a global commodity, not a regional one and it appears that the supply in 2025 is heading towards more of a glut status as opposed to a tight one. The latest Short Term Energy Outlook ...
NEW YORK, Jan 14 (Reuters) - Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy Information Administration said on Tuesday in ...
Oil fell as traders assess the potential impact of U.S. trade tariffs on global growth and the stockpiles outlook.
The outlook for new sanctions on Iranian and Russian crude exports could limit global oil supplies and is bullish for prices. President Trump's pick for national security adviser, Mike Walz ...