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Oil prices fell 2% on Monday after China’s stimulatory plans failed to impress traders and oil alliance OPEC lowered its demand forecast. West Texas Intermediate closed at $73.83 per barrel ...
Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...
Crude oil markets rallied a bit during the trading session on Thursday again, as we await the results of the OPEC meeting. That being said, the market is also approaching the top of an important ...
Crude oil markets continue to move to the upside on the idea of increased demand, as OPEC recently suggested that demand is going to pick up through the rest of the year.
Crude oil markets are waiting what OPEC will do about production as a major meeting is going on to decide whether or not the production cuts will be continued.
Crude oil markets pulled back just a bit during the early hours, but then turned around to show signs of strength yet again. Crude Oil Price Forecast – Crude Oil Markets Continue to Press the ...
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.
Crude oil markets recovered during the day on Wednesday, bouncing back towards the 200 day EMA yet again. As the markets recover, it looks as if more of the same is ahead. Crude Oil Price Forecast ...