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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 ...
Crude oil markets have gotten slammed during the trading week to reach the bottom of the triangle, only to turn around and show signs of life as we are closing towards the top of the same triangle.
Brent crude futures rose to $74.60 a barrel on Tuesday and US West Texas Intermediate crude was up at $71.66 a barrel. For the year, Brent declined 3.2%, while WTI was down 0.1%. For the year ...
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The crude oil markets were all over the place during the trading session on Monday as hurricane Ida crashed into the shores of Louisiana. Crude Oil Price Forecast – Crude Oil Markets Whipsawed ...
Crude oil markets were back and forth during the course of the trading session on Wednesday as we are threatening the 200 Day EMA in both grades that I follow. Crude Oil Price Forecast – Crude ...
Crude oil markets initially rallied a bit during the trading session on Wednesday as we continue to see a lot of bullish pressure, but we have given back the gains. Crude Oil Price Forecast ...
Palm oil block showing the lighter color that results from boiling. Palm oil is an edible vegetable oil derived from the mesocarp (reddish pulp) of the fruit of oil palms. [1] The oil is used in food manufacturing, in beauty products, and as biofuel. Palm oil accounted for about 36% of global oils produced from oil crops in 2014. [2]