Oil falls on economic data, awaits news of Iran nuclear deal NEW YORK: Oil prices fell over 1% on Tuesday in volatile trading as economic data spurred concerns about a potential... Updated 16 Aug, 2022 09:44pm
Markets Brent oil may test support at $96.32 Brent oil may test a support at $96.32 per barrel, a break below which could open the way towards $93.11-$94.89... Published 15 Aug, 2022 11:30am
Markets Brent oil still targets $90.24-$91.03 range Brent oil is poised to break a support at $93.11 and fall into a range of $90.24-$91.03 per barrel, driven by a wave... Published 08 Aug, 2022 11:52am
Markets Oil edges up as strong economic data feeds hopes for demand Front-month Brent prices last week hit the lowest since February Updated 08 Aug, 2022 08:54pm
Markets Brent oil to fall into $90.24-$91.03 range Brent oil is expected to keep sliding into a range of $90.24-$91.03 per barrel, driven by a wave c. This is the... Published 05 Aug, 2022 09:39am
Markets Oil prices set to end week near multi-month lows on recession fears LONDON: Oil prices recouped some of this week’s losses but were still set to close Friday near their lowest levels... Updated 05 Aug, 2022 07:58pm
Markets Brent oil may revisit its July 14 low of $94.50 Brent oil may revisit its July 14 low of $94.50 per barrel, as the bounce from this level has been deeply... Published 04 Aug, 2022 09:44am
Markets Brent oil may retest support at $98.44 Brent oil’s October contract may retest a support at $98.44 per barrel, a break below which could cause a fall into... Published 03 Aug, 2022 10:48am
Markets Oil outshines stocks and dollar in 2022 LONDON: Oil prices are proving resilient to global economic recession fears and have outperformed major equity... Published 01 Aug, 2022 10:03pm
Markets Russia increased oil and gas condensate output by 2% m/m in July MOSCOW: Russia increased daily oil and gas condensate output in July by 2% from the previous month to 1.468 million... Published 01 Aug, 2022 01:31pm
Markets Oil sinks after weak factory data sparks demand concerns NEW YORK: Oil prices dropped sharply on Monday as weak manufacturing data in several countries weighed on the demand... Updated 01 Aug, 2022 10:13pm
Markets Brent oil still targets $109.78-$110.51 range Brent oil still targets a range of $109.78-$110.51 per barrel, driven by a wave c. The uptrend from $94.50 looks... Published 29 Jul, 2022 09:53am
Markets Saudi crude prices to Asia may hit record highs in September SINGAPORE: Top oil exporter Saudi Arabia could raise September crude prices for customers in Asia for a third month... Published 28 Jul, 2022 04:28pm
Markets Shell profit rockets on high oil prices LONDON: British energy giant Shell said Thursday that quarterly profit rocketed more than five-fold to $18 billion... Published 28 Jul, 2022 12:28pm
Markets Brent oil may rise into $109.78-$110.51 range Brent oil may rise into a range of $109.78-$110.51 per barrel, driven by a wave c. The unexpected gain on Wednesday... Published 28 Jul, 2022 10:55am
Markets Oil rises as risk appetite improves, but recessionary fears loom NEW YORK: Oil prices edged higher in choppy trade on Thursday, buoyed by improved risk appetite among investors as... Updated 28 Jul, 2022 09:07pm
Markets Oil rises on US inventory drop, Russian gas cuts Oil rose by $2 a barrel on Wednesday as a report of lower inventories in the United States and cuts in Russian gas... Updated 27 Jul, 2022 09:59pm
Markets Brent oil may revisit July 25 low of $101.64 Brent oil may revisit its July 25 low of $101.64 per barrel, following its second failure to break a resistance at... Published 27 Jul, 2022 10:45am
Markets Oil rises for a second day on supply tightness concerns LONDON: Oil prices rose on Tuesday for a second day on increasing concerns about tightening European supply after... Updated 26 Jul, 2022 03:55pm
Markets Brent oil biased to fall to $99.46 Brent oil is biased to break a support at $101.38 per barrel and fall to $99.46. The bounce from the July 21 low of... Published 25 Jul, 2022 10:56am
Markets Brent oil may revisit Thursday low of $101.50 Brent oil may revisit its Thursday low of $101.50 per barrel, as the correction from the Tuesday high of $107.61... Published 22 Jul, 2022 11:35am
Markets Oil prices tick up on supply concerns after price cap on Russian oil HOUSTON: Oil prices edged up on Friday in choppy trading after Russia said it will not supply crude to countries... Updated 22 Jul, 2022 08:52pm
Markets Brent oil may test a support at $104.49 Brent oil may test a support at $104.49, following its failures to break a resistance at $107.60 per barrel. The... Published 21 Jul, 2022 10:43am
Markets Oil prices slump as stockpiles and rate hikes stoke demand fears LONDON: Oil prices fell by more than $5 on Thursday after higher U.S. gasoline stockpiles and an ECB rate hike... Updated 21 Jul, 2022 06:30pm
Markets Brent oil may retest resistance at $107.60 Brent oil may retest a resistance at $107.60 per barrel, a break above which could lead to a gain to $109.85. The... Published 20 Jul, 2022 01:31pm
Markets Physical oil trade tells a different story LONDON/NEW YORK: Benchmark oil prices have dropped by about $15 a barrel in the past 10 days as the threat of... Updated 18 Jul, 2022 09:06pm
Markets Brent oil may test support at $97.62 Brent oil may test a support at $97.62 per barrel, a break below which could confirm a target of $94.50. The... Published 18 Jul, 2022 11:22am
Markets Brent oil may bounce into $101.10-$102.66 range Brent oil may bounce into a range of $101.10-$102.66 per barrel, as it has found a support at $94.69. The support is... Published 15 Jul, 2022 11:26am
Markets Oil rises on expectations for no immediate boost to Saudi production LONDON: Oil prices rose on Friday after a U.S. official told Reuters an immediate Saudi oil output boost is not... Updated 15 Jul, 2022 07:56pm
Markets Brent oil may test support of $97.61 Brent oil may test a support of $97.61 per barrel, a break below which could open the way towards $94.69. The bounce... Published 13 Jul, 2022 09:51am