Crude Oil prices fell $2 in early Asian trade on Tuesday, as OPEC lowered its outlook for global oil demand growth in 2024 and 2025 and a media report said Israel is prepared to strike Iranian military bases, not nuclear or oil targets.
Crude oil Price
Crude Oil sits 2% lower after China data fuels demand concerns amid US Fed rate cut hopes; Brent slips below $80/bbl
Global crude oil prices settled down nearly two per cent in the previous session, with Brent crude below $80 a barrel, as investors tempered expectations of demand growth from top oil importer China. Crude oil prices were little changed on the week after Wall Street lifted US Fed’s interest rate cut bets.
आपूर्ति में कमी से कच्चे तेल में उछाल फिर से फोकस में है
सोमवार को तेल की कीमतों (Crude oil Price) में बढ़ोतरी हुई क्योंकि मॉस्को द्वारा ईंधन निर्यात पर अस्थायी प्रतिबंध जारी करने के बाद निवेशकों ने सख्त आपूर्ति परिदृश्य पर ध्यान केंद्रित किया, जबकि वे दरों में और बढ़ोतरी से सावधान रहे, जिससे मांग में कमी आ सकती है। शुक्रवार को 3 सेंट की गिरावट के बाद ब्रेंट क्रूड वायदा 0110 GMT तक 48 सेंट या 0.5% चढ़कर 93.75 डॉलर प्रति बैरल पर पहुंच गया। यूएस वेस्ट टेक्सास इंटरमीडिएट क्रूड वायदा लगातार दूसरे सत्र में बढ़त के साथ 50 सेंट या 0.6% ऊपर 90.53 डॉलर प्रति बैरल पर कारोबार कर रहा है।
Crude oil price opens the week lower on concerns global trade may be impacted by geopolitical wrangling at G7 summit
WTI Oil is in a long-term downtrend, making successive lower lows. Given the old adage that the trend is your friend, this favors short positions over long positions.
Crude Oil Prices Expected to Remain in the Range of $100
Brent crude may hover around the current level of $104 a barrel for the remaining part of the current year, but may fall to $98 per barrel next year, investment bank JPMorgan said on Friday. “Under scenarios where supply is constrained, we think oil could rally to $190/380 per barrel as well.
Crude oil Price is consolidating
On Monday morning, the Brent price is balancing at $113 per barrel The commodity marker remains uncertain – the supply isn’t expanding as quick as it is expected to, and the demand might drop as well.
Crude Oil Price Firm Ahead of OPEC Meeting – Gold Silver Reports
The crude oil price gained 17 percent in the month of January and Russia- Ukraine tensions and started the month of February on a positive note.
Brent Crude Oil Price Forecast: Signs of a Major Reversal Appearing
Crude oil has witnessed elevated prices for the better part of 2H 2021 on the back of the global economic recovery which has taken place ever since the April 2020 low. However, oil had some difficulty surpassing the 2018 high at the historically important $86.67 area (highlighted with blue circles).
Oil at $100? Big Oil CEOs Join Traders in Seeing This Possibility
Oil at $100? The bosses of some of the world’s biggest oil companies said crude prices are likely to keep rising because a lack of investment will curtail future supply.
Crude Oil Price Retreats as OPEC+ Hints at supply Hikes
The price of crude oil declined slightly after the latest OPEC+ meeting. The leaders met during the weekend and agreed to gradually ease some of its production cuts between May and July.