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OIL / Dow Futures Fall and Oil Prices Drop as Powell Says a Recession Is Possible
OIL News
By FXEmpire
April 21, 2023
Crude Oil Weekly Price Forecast – Crude Oil Markets Have Tough Week
Crude oil markets have fallen rather hard during the week to fill the gap, but at this point we still have quite a few questions asked. more_horizontal
By Market Watch
April 17, 2023
Oil futures finish lower as traders eye prospects for energy demand
Oil futures finished with a loss on Monday, with traders weighing the prospects for energy demand. A “shockingly strong” Empire State Manufacturin more_horizontal
By FXEmpire
April 17, 2023
Oil Price Forecast / Update: Traders Monitoring OPEC+ output cuts, Chinese Demand Recovery
Oil traders eyeing OPEC+ output cuts and Chinese demand amid rising costs and weaker margins. IEA projects record demand, but concerns persist. more_horizontal
By Market Watch
April 13, 2023
OPEC leaves outlook for 2023 world oil-demand growth unchanged
The Organization of the Petroleum Exporting Countries on Thursday left its forecast for growth in world oil demand this year unchanged at 2.3 million more_horizontal
By Market Watch
April 12, 2023
Oil prices edge higher ahead of data on inflation, crude inventories
Oil futures rose slightly Wednesday as investors awaited a closely watched round of inflation data and the latest official update on U.S. crude invent more_horizontal
By FXEmpire
April 11, 2023
Oil Price Forecast / Update: Supported by Anticipated China Stimulus, Drop in API Stockpiles
China's potential stimulus measures and strong Asian demand boost crude oil prices. more_horizontal
By FXEmpire
April 10, 2023
Crude Oil Price Forecast – Crude Oil Markets Continue to Sit Just Below the 200-Day EMA
The crude oil markets continue to do very little, as we hovered just below the 200-Day EMA. more_horizontal
By Market Watch
April 10, 2023
Oil inches lower as traders return from 3-day weekend
Oil ticked slightly lower early Monday as investors returned from a three-day Easter weekend. Crude surged in holiday-shortened trading last week afte more_horizontal