Tag: Oil prices
Crude Oil Resilience: TDS Analysis and Outlook
Crude Oil has shown its resilience once again, with inventory draws providing some support to the market, according to TDS strategists. Despite this strength,...
Understanding the Reasons Behind the Doubling of Oil Prices
Oil prices have doubled in the market, reaching $53.50 per barrel, thanks to the efforts of major oil producers like OPEC. The price collapse...
Oil Prices Struggle to Reach $80 Amid Strong Resistance
Oil prices have been experiencing some fluctuations recently, with no major news driving prices up. Traders are closely monitoring how the shift towards Electric...
Russian Oil and Global Power Struggles: The Impact on Geopolitical Relations
The recent conflict between Russia and Ukraine has caused a significant shift in global oil trade dynamics. While some countries have chosen to reduce...
Middle East Market Movements: Saudi Arabia Soars
Middle East Market Movements: Saudi Arabia SoarsIn a surprising turn of events, Saudi Arabia's benchmark index experienced a significant surge of 2.6%, marking its...
Double Eagle Poised for Massive Permian Asset Sale | OilPrice.com
Double Eagle Poised for Massive Permian Asset SalePrivately-held Permian basin producer Double Eagle is reportedly considering the sale of assets potentially worth more than...