Earlier this week China's central bank announced its plans for the biggest stimulus since the covid-19 pandemic to lift the economy up from its deflationary blues and guide it back...

The Iran backed militant group Hezbollah has vowed retaliation against Israel after the coordinated attack Tuesday against members of the Lebanese paramilitary group. The attack killed more than 12 people,...

The WTI has gained a few dollars this week and trying to establish a new range amid the turbulent market forecasts.News from Lebanon where several pagers belonging to Hezbollah members...

Yet another brutal week for crude prices as forecasted in last weeks report, with growing concerns over the major import engine Chinas demand outlook.The October WTI contractfell dramatically $2.96 on...

The Organization of the Petroleum Exporting Countries and their allies were looking for strong demand with tight balances before starting to unwind the voluntary cuts according to plan. "We are...

A turbulent week for crude prices is now in the back-view mirror, with more unrest to come. With OPEC+ close torelease more crude barrels in the market and week macro...

Oil prices had a strong ending last week, with the US dollar weakening following signals from Federal Reserves. Oil price continued to rally Monday, after the preemptive Israeli airstrike on...

The WTI continuous its downward trajectory the last seven days. The steady decline in benchmark prices is due to weaker than expected data from China, and a US pressure on...

China is the second largest consumer of crude oil, ranked behind the U.S, but China requires more than 10 million bpd of crude imports to satisfy their *16 million bpd...

OPEC in its August Monthly Oil Market Report lower its demand outlook to 104.3 million bpd for 2024. That is a projected growth decrease of 135 kbpd, but OPEC demand growth...