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On Tuesday, the U.S. Energy Information Administration said the country's oil demand would remain steady at 20.5 million barrels per day (bpd) in 2025 and 2026, with domestic oil output rising to ...
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Crude oil markets rallied a bit during the day on Friday but ran into a significant amount of resistance. Both grades that we follow here at FX Empire are running into trend line issues, and ...
Crude oil markets fell again on Tuesday, as we continue to see a lot of volatile moves in this sector ahead of the OPEC meetings this week. By the end of the week, we should have an idea as to ...
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The crude oil markets rallied significantly during the trading session on Thursday, reaching towards the recent highs, but at this point I think we are trying to break out and reach towards the ...
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Crude oil markets rallied to start the week on Monday, as we continue to see a bit of resiliency in this market overall. Helping the situation was a falling US dollar as well.