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...

The WTI pushed above the $80 mark earlier this week after the market panic the previous week. Signals from the main demand engine, China which shows softening expectationsand OPEC cut...

The WTI crude price along with other benchmarks tumbled significantly at the end of last week and continued the steep downward trajectory early this week as markets across the globe...

It has been a volatile week for benchmark crudes and prices hit their lowest levels since early June as falling US inventories has failed to lift prices. The ghost of...

The story of receding crude inventories for the summer months are continuing as recent data from the EIAs inventory supports experts’ opinion with yet another significant draw in crude stocks....

Denne artikkelen ble opprinnelig publisert 1/10/2023"We have submitted a claim for arbitration against the Tunisian government that is three times the market value of our company."-Andrea Cattaneo. CEO, Zenith EnergyLeading...