Chronic Bearish Sentiment Drives Oil Down To Five Month Lows
The U.S. benchmark entered contango for the first time since January of 2024: File Image/Pixabay The new…
Die-Hard Bears Drag Oil To 3% Weekly Loss On Glut Fears And Easing Of Political Tensions
Meanwhile, India refutes claims it has begun reducing oil imports from Russia: File Image/Pixabay Oil on Friday…
Oil Holds Five Month Low Along With Fears Of China/U.S. Tensions, Global Glut
Meanwhile, India claims to reverse course on Russian oil purchases: File Image/Pixabay For a second consecutive session,…
Oil Rebounds As India Tariffs Prove No Match Against Declining U.S. Crude Stocks
Analysts anticipate a busy holiday weekend of travel in the U.S.: File Image/Pixabay Despite concerns over U.S.…
Oil Sheds 2% As U.S. Tensions With Russia, India Escalate
India’s tariffs are set to double to 50% starting tomorrow: File Image/Pixabay After four consecutive sessions of…
Oil Posts Daily, Weekly Gains On Stockpile Draw And Possible Fed Rate Cut
But news from Germany was said to have capped Friday’s gains: File Image/Pixabay Despite widespread bearish sentiment…
Looming Trump/Putin Talks, Possible Rate Cut Boost Oil By 2%
But the prospect of a Fed cut is speculative at best: File Image/Pixabay With the peace talks…
Impending Trump/Putin Peace Meeting Fails To Prevent A 5% Weekly Slide For Oil
Analysts think a truce wouldn’t sway the market overly:? File Image/Pixabay Anticipation of a meeting soon in…