OPEC Revises Forecast for Oil Demand OPEC, the Organization of the Petroleum Exporting Countries, has once again adjusted its forecast for oil demand, marking the fifth consecutive month of downward
US Energy Information Administration Maintains Forecasts Commerzbank’s commodity analyst Carsten Fritsch highlights that the US Energy Information Administration (EIA) has not made any significant changes to its forecasts regarding crude
The Latest in Oil Prices and Market Trends Oil prices are striving to end the week on a positive note, aiming to close above $70.00. Traders are grappling with the
Welcome to the World of WTI Oil Trading As the top investment manager in the world, I am here to guide you through the latest developments in the West Texas
Oil Market Update: Nervousness Surrounding OPEC+ Meeting Traders are pre-hedging for potential surprises from OPEC+ on December 1st. OPEC+ ministers will gather in person on December 1st ahead of the
WTI Price Analysis WTI price remains steady near $68.65 in Thursday’s early Asian session. Israel agreed to a ceasefire agreement with Lebanon’s Hezbollah militants, effective Wednesday. US crude stocks fell
Analyzing the Impact of the Middle East Ceasefire on ICE Brent Trading ICE Brent has experienced a period of flat trading following a sharp decline earlier this week, as the
Breaking News: Ceasefire Deal and OPEC+ Production Plans Israel and Iran-backed militant group Hezbollah in Lebanon have agreed to a ceasefire deal. OPEC+ has started discussions on its production restart
WTI Oil Price Rebounds to Near $68.75 West Texas Intermediate (WTI), the US crude oil benchmark, is currently trading around $68.75 in Wednesday’s early Asian session. The price of WTI
Israeli Prime Minister Netanyahu Accepts Ceasefire Proposal with Lebanon Israeli Prime Minister Benjamin Netanyahu accepted a negotiated ceasefire proposal with Lebanon late Tuesday. Israel initially invaded the neighboring country in