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BNO / Oil Price Forecast: Investors Await Powell's Testimony, EIA Inventory Data for Insight

Oil Price Forecast: Investors Await Powell's Testimony, EIA Inventory Data for Insight
WTI oil prices bounce back as investors anticipate hawkish comments from Fed Chair Powell and a potential U.S. crude stock draw. Read More
Posted: Jun 21 2023, 02:34
Author Name: FXEmpire
Views: 110529

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Oil Prices Forecast: WTI & Brent Traders Weigh Economic Headwinds

By FXEmpire
November 4, 2023

Oil Prices Forecast: WTI & Brent Traders Weigh Economic Headwinds

OPEC+ decisions and EIA inventory reports to drive oil market sentiment in the face of global economic and policy developments. more_horizontal

Crude Oil Weekly Price Forecast – Crude Oil Markets Have a Tough Week

By FXEmpire
November 3, 2023

Crude Oil Weekly Price Forecast – Crude Oil Markets Have a Tough Week

Crude oil markets have fallen during the course of the week, reaching the 50-Week EMA in both grades of crude oil that I follow. more_horizontal

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives As Geopolitical Risks Decline

By FXEmpire
November 3, 2023

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives As Geopolitical Risks Decline

Oil traders bet that Israel-Hamas conflict would not spread to other countries in the region. more_horizontal

Crude Oil Price Forecast – Crude Oil Markets Give Up Initial Gains

By FXEmpire
November 3, 2023

Crude Oil Price Forecast – Crude Oil Markets Give Up Initial Gains

Crude oil markets rallied significantly during the day, but gave back gains rather quickly. more_horizontal

Oil Prices Forecast: Lower for Second Week Amid Middle East, China Concerns

By FXEmpire
November 3, 2023

Oil Prices Forecast: Lower for Second Week Amid Middle East, China Concerns

Crude oil prices steady, but risk of second weekly loss due to Middle East supply disruptions, China demand concerns. more_horizontal

Oil prices steady, on track for second straight week of losses

By Reuters
November 2, 2023

Oil prices steady, on track for second straight week of losses

Oil prices were little changed on Friday, heading for their second straight week of losses as the U.S. central bank left the door open for possible fu more_horizontal

Oil futures mark first gain in 4 sessions

By Market Watch
November 2, 2023

Oil futures mark first gain in 4 sessions

Oil futures finished higher on Thursday, marking their first gain in four sessions. Prices have “erased the premium that was added since the Hamas a more_horizontal

Crude Oil Price Forecast – Crude Oil Markets Give Up Early Gains

By FXEmpire
November 2, 2023

Crude Oil Price Forecast – Crude Oil Markets Give Up Early Gains

Crude oil markets rallied initially during the session on Thursday, as we continue to see a lot of noisy behavior. more_horizontal


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