Latest Oil Price News

Bitcoin price rose with a bullish opening gap today during the Asian session. Bitcoin to continue higher towards $10,000 amid COVID-19 volatility?
Oil remains below $25 area and the Bulls may push higher today. Oil is currently struggling to sustain the Bullish momentum after the price bounced from $20
Crude oil price slump: The 1990s and now
May 03, 2018
Nasir Mohammad
For one, there are obvious similarities between the current oil price slump with the period from 1997 to 1999, when oil prices dipped as low as $10 a barrel
Not only has Hurricane Matthew caused people fleeing their home, the storm also scars oil demand. Is Hurricane Matthew oil price impact expected in October?
The renewed frenzy in global financial markets and a less than encouraging outlook for global growth have led the Fed rate hike on hold. For today the focus
How Rising Oil Prices affect Fed Rate Hike
May 03, 2018
Amandeep Sonewane
The world awaits Fed interest rate hike this week, markets are watching the relationship between Fed and oil prices as oil prices affect Fed Rate Hike.
Apart from the potential OPEC oil freeze deal, looking at the charts, it is quite obvious that the West Texas Intermediate (WTI) is in a bullish trend. Both
Oil glut reduction driving price rally?
May 03, 2018
Nasir Mohammad
What direction prices will finally break remains quite a mystery from a fundamental view point, even with the recent oil glut reduction. Considering that
IEA forecasts more balance in oil market 2017
May 03, 2018
Kristina Frunze
IEA has issued its oil market report, projecting the oil market 2017 to be more balanced, as the demand is rising and supply got cut for unexpected reasons.