Tag: Oil prices

Understanding how oil prices shape global economic trends is more crucial today than ever before. This article dives deep into the surprising insights that reveal the powerful impact of fluctuating oil prices on worldwide...

Energy markets are currently experiencing a situation where the rise in oil prices is not reflecting a significant increase in supply risk premia, according to TDS commodity strategist Daniel Ghali. Through an analysis of...

Crude oil has been performing well in the market since hitting a low point in early June. Factors like OPEC's extension of output cuts, global economic activity, and potential central bank policy changes have...

Crude oil prices have been on the rise after surpassing the crucial $80 resistance level, driven by various positive factors in the market. The decision by OPEC+ to extend voluntary output cuts, along with...

Crude Oil has shown its resilience once again, with inventory draws providing some support to the market, according to TDS strategists. Despite this strength, there are concerns about the potential impact of Commodity Trading...

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 that occurred in 2016 led to OPEC devising a plan...

Oil prices have been experiencing some fluctuations recently, with no major news driving prices up. Traders are closely monitoring how the shift towards Electric Vehicles will impact oil demand in the medium to long...

The recent conflict between Russia and Ukraine has caused a significant shift in global oil trade dynamics. While some countries have chosen to reduce or ban Russian oil imports, others have increased their trade...

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 most substantial intraday rise in nearly a year. This uptick...

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 **$6.5 billion**, including debt, Reuters reported on Wednesday, citing unnamed...