Crude oil prices have put up a dramatic recovery, ever since the rebound from the $27 low. Prompting the question of have oil prices bottomed out? Many
OPEC oil cut deal prospects are in danger. Increasing US crude stockpiles, bullish USD and oil bloc members' uncertainty weigh on the oil prices.
Saudi Arabia OPEC deal commitment announcement has supported the oil prices. Yet, the increase in US production has limited the oil rally.
The Goldman Sachs oil prediction sees oil trading around $40 a barrel in the next few months, however, prices are forecast for be another 50% dip as a .....
Oil glut worries diminish? The answer is most likely no, as just last month, two companies discovered two oil and gas fields in the US region.
Another key news on the daily Forex news, Australia’s labor data released earlier today showed a mixed report, with unemployment falling to 5.7%, while the
According to IEA, the oil prices will hit a ceiling in 2018. How does it affect the financial market? Let's have a look on IEA 2018 Crude Oil price Outlook.
Prices are bound to remain bearish as global oil demand gets weaker ,possible additional gains in Iranian and Saudi output, low likelihood of an OPEC deal
The expected US Crude Oil Inventories gain drags the oil prices down, as investors also await the OPEC next meeting in Vienna on the 30th of November.