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Gold and WTI Crude remain in sideways consolidation patterns
The Forex Market· 5 days agoGold volatility has dropped significant as we are in a sideways consolidation at this stage. After...
U.S. Added 3.3M Bbl to Strategic Petroleum Reserve in May, DOE Data Shows -- OPIS
Market Watch· 8 hours agoThe reserve held 370.2 million bbl - 143.8 million bbl of sweet crude and 226.4 million bbl of sour crude - as of Friday, DOE said. May purchases were entirely ...
Oil inventories slump by 6.5M barrels last week: API
Investing.com via Yahoo Finance· 5 days agoInvesting.com -- U.S. crude stockpiles fell much more than expected last week, the API reported Wednesday, pointing to signs of pick up in energy demand as the summer driving ...
Oil: Geopolitics a ‘noise element’ but Julius Baer sees the price at $70 this year
Investing.com via Yahoo Finance· 9 hours agoInvesting.com – After this weekend's meeting of the Organization of the Petroleum Exporting Countries (OPEC) to discuss commodity markets and maintain supply restrictions, the Swiss group Julius ...
Oil Tumbles as OPEC Plan Adds to Bearish Momentum
Rigzone· 4 hours agoOil tumbled after OPEC+ unexpectedly rolled out a plan to restore some production to the market this year, adding to the bearish momentum crude has been experiencing for months ...
Oil prices steady as investors assess OPEC+ output cut extension
MSN News· 17 hours agoBy Mohi Narayan NEW DELHI (Reuters) -Oil prices were little changed on Monday, as investors weighed...
JP Morgan Reveals Latest Oil and Gas Price Forecasts
Rigzone· 5 days agoAccording to the note, J.P. Morgan anticipates the Brent crude price to average $84 per barrel in 2024 and $75 per barrel in 2025, and the WTI ...
Oil Rises on U.S. Fuel Demand Expectations
Barrons.com· 7 days agoU.S. crude futures were higher on Tuesday, buoyed by expectations of stronger fuel demand as Memorial Day weekend marked the start of the summer driving...
Oil inventories slump by 6.5M barrels last week: API By Investing.com
Investing.com· 5 days agoU.S. crude stockpiles fell much more than expected last week, the API reported Wednesday, pointing...
API Reports Significant Draw in Crude Oil Inventories
Oilprice.com via Yahoo Finance· 5 days agoAt 4:29 pm ET, Brent crude was trading down $0.86 on the day at $83.36—up roughly $.40 per barrel...