Crude oil prices had gone nowhere fast and remained in a trading range around the $60 per barrel pivot point on the nearby NYMEX WTI contract. While the 2025 trend is bearish, the price only marginally...
Nearby NYMEX crude oil prices fell to the 2025 low of $55.12 per barrel in April, following the U.S. announcement of unprecedented tariffs on its trading partners worldwide. However, the turmoil in the...
OPEC+ announced on Aug 3, 2025 that it will increase oil production by 547,000 barrels per day (bpd) in September. This marked the latest in a series of accelerated output hikes aimed at regaining market...
Given the shift in U.S. energy policy, I had been bearish on crude oil prices after the Trump administration took office in January 2025. However, I had one caveat, which was solving some of the issues...
Oil prices rebounded on Jun 1, 2025, after OPEC+ announced it would raise output in July by 411,000 barrels per day, maintaining the same monthly increase as in May and June. The Organization of the Petroleum...
April brought intense volatility to the U.S. stock market, largely driven by former President Donald Trump’s aggressive tariff measures. The most notable of these was the announcement of “Liberation...
Wall Street was moderately upbeat last week, with the S&P 500 advancing 0.5%, the Dow Jones growing 1.2% and the Nasdaq Composite inching up 0.2%. The week was quite eventful, marked by the Fed meeting,...
On Thursday, West Texas Intermediate futures maturing in March 2025 traded nearly 0.5% lower, while Brent futures maturing in the same month were down almost 0.4%.
Oil prices continued their upward climb for the third straight session. Brent crude, the global benchmark, surged past $81 a barrel, a level not seen since late August (per Reuters), while U.S. West Texas...
After a consecutive two-year annual decline, oil prices regained momentum to start 2025. Brent topped $81 per barrel following additional sanctions on Russia’s oil sector, which has threatened oil supplies....