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Posted 19/09/2024

Increasing Oil Prices from Rate Cut Overshadowed by Sluggish Global Demand

In the wake of the US Fed's interest rate cut, oil prices rose as...

Posted 18/09/2024

Goldman Sachs Expects Oil Prices at $60 Range within 2026 amid Slowdown in Consumption

Oil prices are now one of the big concerns for traders and analysts amid...

Posted 31/07/2024

Oil Prices Surge as Tensions Escalate in Middle East Following Hamas Leader’s Death

Oil prices experienced a significant surge, building on previous gains, subsequent to Hamas's declaration...

Posted 26/07/2024

Goldman Sachs Expects Limited Options for Next US President to Boost Oil Supply

Goldman Sachs stated on Thursday that regardless of the outcome of the U.S. presidential...

Posted 14/06/2024

Saudi Arabia Opts Out of 50-Year Petrodollar Deal with US, Paving the Way for Diversified Currency Usage

Saudi Arabia has made the strategic decision to not renew its long-standing 50-year petrodollar...

Posted 14/06/2024

Citi Analysts Predict Oil Price Decline to $60 by 2025, Switching to Copper-Play

Citi analysts are forecasting a drop in oil prices, with an expectation of $60...

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