Crude oil remains under pressure, consolidating near $65.50 support. A potential double bottom hints at a bullish breakout, but resistance near $69.26 may challenge upward momentum.
Downward pressure persists as crude oil struggles near multi-year lows, with support at $65.40 critical for determining the next move.
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 ...
Petrol and diesel owners may notice a dramatic drop in fuel prices within weeks due to a significant decline in wholesale ...
IEA projects global oil supply to exceed demand by 1 million b/d in 2025 due to trade tensions and OPEC+ cuts.
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 ...
New U.S. sanctions targeting Iran's oil industry and oil minister have boosted oil prices, countering the negative impact of the IEA's report which indicated oversupply and reduced demand forecasts.
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 ...
Just how low will the oil price go in 2025? Let’s find out. The post Why ASX 200 energy shares are facing a plunging oil ...