From disclosing potential oil production level changes to revealing discrepancies between reported and actual supply, the most recent OPEC+ meeting held last weekend provided...
U.S. drillers have the potential to double oil output from existing wells, thanks to new drilling efficiencies and innovations such as shale well refracturing Higher drilling...
The US and European stock futures are trading a bit flat while traders focus on the next big catalyst that will drive the price action. The past few weeks have been about the US...
Before we can forecast what’s most likely next, we must first look back at prior analyses. To that extent, three weeks ago, we found using the Elliott Wave Principle (EWP)...
U.S. and European markets are set for a mixed open as traders pay close attention to weak economic numbers out of China and another surprise interest rate hike by the RBA. Over in...
For the benefit of the rolling cameras, Saudi Energy Minister Prince Abdulaziz bin Salman triumphantly declared that the rest of OPEC+ will keep to promised oil cuts till 2024...
Oil would sink lower amid weaker global demand and fading momentum.
WTI Extends Gains Above Pre-Saudi-Cut Levels As Biden Drains SPR For 10th Straight Week Oil prices are holding overnight gains, back above pre-Saudi-cut levels, as a weaker dollar...
Saudi Arabia has crafted a complex OPEC+ deal with a view to punishing investors that have bet on falling oil prices but could inadvertently lend long-term support to the rival...
China’s crude oil and natural gas imports recovered strongly in May, which could help improve market sentiment. For copper, China’s concentrate imports jumped to a fresh high,...