The best price that in favour of all countries (producers and purchasers ) is $40 and above so we expect the price start ranging in the $40 and it might push even higher.
Witnessing today (Monday) low volatility in the crude oil market? This is because most of the bank in the United States, Canada and other countries are on holiday. Hence I expect that market will move...
European markets are unsure of their direction begins the week with a mixed session. The Dow Jones industrial average futures are trading higher while investors are keeping a close eye on the U.S.-China tension
Global Stock Market Today
The global stock market had a mixed session today. Stocks in Ch
Trading Catalyst• Demand for crude oil is expected to improve over the foreseeable future, backed by the positive streak of China’s economic data that suggest the world’s biggest oil consumer may ramp up their purchases.• Iraq’s move to pledge their support by cutting additional 40,000 barrels/day m
Two large explosions rocked the Lebanese capital of Beirut on Tuesday evening local time, shattering windows in surrounding neighborhoods for miles, destroying nearby buildings and wounding thousands of people.
At least 78 people have been killed and nearly 4,000 injured, according to Reuters. The L
The American Petroleum Institute (API) report yesterday evening a 6.83 million-barrels draw in crude oil inventories for the week ending July 24, in stark contrast to market expectations of a 450, 000-barrel rise. The verdict however is still out, as today more definitive US stocks data is due for r