Page 7 - Indicator Analysis News Today

A number of bullish factors could push oil prices higher in the next few weeks, but uncertainty surrounding an EU ban or tariff on Russian crude could keep prices down

As the EU continues to talk about a possible embargo on Russian crude, several agencies have lowered demand growth forecasts for 2022 as they signal an increasingly difficult macro-economic environment

Crude oil prices are up this week due primarily to the release of the European Union’s plans for new sanctions against Russia

While the massive SPR release as announced by U.S. President Biden will have short-term bearish effect, the supply situation in global crude markets remains tight

A number of bearish factors piled up this week in oil markets, but the longer-term bias remains bullish, and the risk for crude remains skewed to the upside

Crude prices are rising once again as Ukraine peace talks aren’t progressing as many had hoped they would

Crude prices have seen a week of intense volatility, and turbulence in the market is likely to continue next week as the market is looking how far Western governments are willing to go in sanctioning Russian oil

Oil prices have come under pressure as traders take profits and inventories rise

The surprise story this week in oil markets is the steep drop in the U.S. Dollar despite nearly 90% certainty of a Federal Reserve interest rate hike in March

Crude futures are headed for their best weekly-gain since mid-December as institutional buyers are showing themselves more optimistic about crude demand in Q1 2022