The oil prices were not changed on Thursday much after the US central bank was expected to reduce its main interest rate, while an indication of more tariff reductions before the end of the year increased the prospect of a boost of demand stimulated by falling loan costs. Brent Raw Futures were 8 cents, or […]
OPEC+ pushes barrels into a market that is expected to be transferred later in the year. | Photocredit: Dado Ruvic OPEC+ will increase oil production even faster than expected next month, because the group under the leadership of Saudi Arabia is trying to take advantage of a strong summer question in his step to recover […]
Raw oil prices crashed last week. Brent crude oil Futures on the Intercontinental Exchange (ICE) ($ 66.80/barrel) fell 13.3 percent and the futures of crude oil on the MCX (£ 5,601/barrel) deposited a considerable 12.5 percent. Brent Futures ($ 66.80) Brent crude oil Futures fell sharply on the back of the trend line resistance at […]
The oil prices remained stable on Monday after last week’s win, because the markets were waiting for the outcome of renewed trade negotiations in the US-China in London. Brent remained above $ 66 per barrel after an increase of 4% last week, with West Texas intermediary floating near $ 65.American and Chinese negotiators are planned […]