Downward pressure persists as crude oil struggles near multi-year lows, with support at $65.40 critical for determining the next move.
WTI crude oil continues to drop below the long-term support zone, while natural gas has hit strong resistance at $4.90.
The oil price has plunged 15% since January, pressuring ASX 200 stocks like Woodside and Santos. Here’s what to expect in the ...
EIA projects that global oil inventories will decline in second-quarter 2025, driven partly by reduced crude oil production ...
IEA projects global oil supply to exceed demand by 1 million b/d in 2025 due to trade tensions and OPEC+ cuts.
Petrol and diesel owners may notice a dramatic drop in fuel prices within weeks due to a significant decline in wholesale ...
Global oil inventories are likely to fall in the second quarter of this year, leading to a rise in Brent crude prices, but as OPEC+ unwinds its output cuts, prices are likely to decline late in 2025 ...
Oil prices slipped on Thursday after surging in the previous session on a larger-than-expected draw in U.S. gasoline stocks, ...
Since the start of this year, the S&P/TSX Capped Energy Index has fallen eight per cent. The S&P/TSX composite index dropped ...
Wednesday's forecast and one adopted in January will dictate how much money the Legislature can appropriate in bills and ...
If the market conditions were to remain consistent for the remainder of the month – an unlikely scenario with the rand/dollar ...
Bullish bets on oil have been dialled back as the outlook for the commodity worsens under Donald Trump’s push for cheaper ...