Since mid-June 2025, the price of crude oil on the NYMEX has fluctuated within a narrow range of $60-$70 per barrel, reflecting a market caught between oversupply concerns and geopolitical tensions. Over the past three years, prices have largely remained below $90, a stark contrast from the volatility in the early 2020s. This unrest is […]
Oil prices fell on Wednesday for the third day in a row when the production walk by Oliekartel OPEC+ weighed. Following prices in global raw material markets, the futures of crude oil decreased by 1.6% to reach the lowest point of the day of RS 5.481 per BBL. Around 5:15 pm Today, the Ruwe Oil […]
Oil prices were not changed on Friday much after falling more than 1% in the previous session, because traders digested the impact of new higher American rates that could limit economic activity and reduce the worldwide growth of fuel demand. Brent raw futures rose 4 cents, or 0.06%, up to $ 71.74 per barrel with […]
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 […]