The crude oil price gained 17 percent in the month of January and Russia- Ukraine tensions and started the month of February on a positive note.
Crude oil Price
Brent Crude Oil Price Forecast: Signs of a Major Reversal Appearing
Crude oil has witnessed elevated prices for the better part of 2H 2021 on the back of the global economic recovery which has taken place ever since the April 2020 low. However, oil had some difficulty surpassing the 2018 high at the historically important $86.67 area (highlighted with blue circles).
Oil at $100? Big Oil CEOs Join Traders in Seeing This Possibility
Oil at $100? The bosses of some of the world’s biggest oil companies said crude prices are likely to keep rising because a lack of investment will curtail future supply.
Crude Oil Price Retreats as OPEC+ Hints at supply Hikes
The price of crude oil declined slightly after the latest OPEC+ meeting. The leaders met during the weekend and agreed to gradually ease some of its production cuts between May and July.
MCX Crude Oil Tips Today Rocking All Target Hit 4309 TO 4459
MCX Crude Oil Tips Today : Crude Oil price yesterday settled down by -0.11% at 4364 as a cold front shut wells and refineries in Texas, Who is the largest producer of oil? The biggest crude producing state in the United States, the world’s biggest oil producer.
Crude Oil Price Target Would Make a Far Better Goal
Crude Oil Price Target Would Make a Far Better Goal, If you can’t hit the target, bring it closer. That seems to be the policy adopted by the OPEC+ alliance of oil producers as they make the world’s biggest-ever output cuts in an attempt to shore up oil prices.
Energy Market Report: MCX Crude Recovers In Asia
Crude oil recovered in Asia today after witnessing sustained losses yesterday The WTI Crude futures tested a low near $55.40 per barrel and edged up. The counter currently trades at $56.40 per barrel, up 0.30% on the day even as the global growth worries stayed in place. MCX Crude oil futures ended at Rs 3940 per barrel, down 1.70% on the day.