Crude Oil price forecast: Crudeoil rose for a third session after a government report showed the US shipped a record amount of crude and refined products overseas as energy-starved economies scramble for supplies.
OPEC
Crude Oil Edges Higher After Slump as Traders Weigh OPEC+ Hike, Demand
Crude Oil edged higher after plunging to the lowest close in almost six months as investors weighed a token supply increase from OPEC+ against weaker US gasoline demand and rising inventories.
Crude Oil Price Firm Ahead of OPEC Meeting – Gold Silver Reports
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 edges up as supplies remain tight with no SPR release
Crude Oil reversed losses to close slightly higher after another day passed without an announcement from the Biden Administration to tap U.S. crude oil reserves.
MCX Crude Oil Under fresh selling; Support seen at 4845
MCX Crude Oil Under fresh selling: OPEC+ ministers agreed on Sunday to boost oil supply from August to cool prices which have climbed to 2-1/2 year highs as the global economy recovers from the coronavirus pandemic.
OPEC+ Gives Little Away as It Sees Oil Market Tightening
OPEC+ left oil consumers in limbo, sticking to its plan of monthly production increases until July but refusing to give any hints about further moves until there’s clear evidence more crude is needed.
Crude Oil edges higher on weaker dollar, demand optimism
Crude oil edged higher toward $64 a barrel, aided by a weaker dollar, as traders monitored a patchwork demand recovery from the pandemic.