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Crude oil remains range-bound, with support and resistance at key moving averages, as traders await confirmation of a breakout or deeper pullback.
WTI and Brent oil prices rise ahead of Memorial Day, but geopolitical risks and OPEC’s production plans keep the market under pressure.
Global crude oil prices are likely to trade with a downward bias in 2025, according to a recent report by ICICI Bank. The ...
Oil prices were little changed on Tuesday due to uncertainty in U.S.-Iran negotiations and Russia-Ukraine peace talks, while ...
A slowdown in drilling activities in the Permian Basin, the largest U.S. shale oil production region, should provide some underlying support to the price of crude oil, Goldman Sachs said in its most ...
Goldman Sachs continues to believe oil prices will weaken in the second half of the year as a possible U.S.-Iran nuclear deal and higher global stocks offset an improving global economic outlook on ...
Global oil demand growth is expected to be stronger than previously anticipated due to lower oil prices and a less severe hit ...
LONDON (Reuters) -Oil prices settled lower on Thursday on expectations for a U.S.-Iran nuclear deal that could result in ...
Wall Street retreats as Target reports falling sales and issues tepid forecast due to tariff worries
Wall Street was headed lower early Wednesday after a major U.S. retailer blamed its grim forecast on tariff concerns and oil prices rose on a media report that Israel may be planning an attack on ...
Saudi Aramco's first-quarter net profit fell 5% year-on-year amid lower oil prices and production. Net income for the three ...
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