The oil market has rallied after consolidating at the long-term support and has reached the short-term resistance area.

so the long-term price chart looks extremely similar to the WTI chart. Brent crude oil prices hit their all-time high of $147.50/bbl during the oil market boom in July 2008. However, WTI futures ...

National oil companies ... stabilize prices. This would require NOCs to closely monitor these fluctuations, adjusting their strategies to maintain profitability and ensure long-term stability.

A stronger dollar index and falling long-term bond prices weighed on most commodities in December. The March dollar index ...

Crude nears $75 amid inventory drops and tightening global supplies. Can bullish trends sustain in a volatile market?

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...