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Oil prices are retreating further despite several geopolitical, with traders choosing to ignore them because of no repercussions for the oil supply at the moment. The main risk event is a possible retaliation or action from China against the election
Oil prices are rocketing higher after 60 airstrikes took place from the United Kingdom and the United States against Houthi positions in Yemen. The strikes are the next step in the story around the Red Sea where vessels and freight ships have been
Crude Oil continues to test the trendline. Will it manage to break out or we get another rejection?
Oil prices are shooting higher in a delayed reaction from traders on a few bullish elements to take into account this Wednesday. The overnight publication from the American Petroleum Institute (API) revealed a massive draw down of 5.2 million
Oil trades near $72, after briefly hitting $72.90 on Tuesday, bouncing off Monday’s low near $70, after Saudi Arabia lowered prices of its Oil exports into Asia. Meanwhile, analysts and fund managers are welcoming the current decline in Oil prices