Tag: Supply
Crude Oil Futures Settle at $83.16: Latest Updates and Analysis
Foreign exchange trading is a risky venture that may not be suitable for everyone. It involves leverage, which can increase the level of risk and potential loss. Before engaging in foreign exchange trading, it...
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 that occurred in 2016 led to OPEC devising a plan...
Crude Oil Gains Despite API Stocks Buildup
West Texas Intermediate (WTI) US Crude Oil prices have surged above $80.00 per barrel, despite a recent increase in American Petroleum Institute (API) Weekly Crude Oil Stocks. Energy traders seem optimistic about a potential...
Natural Gas Prices Decline as Geopolitical Tensions Ease
Natural Gas prices have been trying to recover after a four-day losing streak. Traders are examining various data points, including the fact that European Gas storages are currently 73.41% full. This news comes as...