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Brent Oil - Oil prices fall amid US debt concerns and prospect of increased supply
Oil prices fell on Thursday, on the prospect of an increase in supply from major oil producing countries, amid lingering concerns about demand.
Oil holds recent losses as US stockpile build, market selloff weigh
This supply dynamic has contributed to oil futures being approximately 13% lower year-to-date. Furthermore, the ongoing US-led trade war has exacerbated losses, fueling concerns that the ...
Oil drops as OPEC+ raises specter of yet another big output hike
Oil declined as OPEC+ members discussed the possibility of another super-sized production increase, raising the prospects of additional output just as demand faces headwinds from the US-led trade war.
Natural Gas and Oil Forecast: Energy Traders Eye $65.65 for Brent Bull Revival
Crude oil steadies near key EMAs as traders weigh demand risks, surprise inventory builds, and geopolitical tensions.
Natural Gas, WTI Oil, Brent Oil Forecasts – Crude Slips on Inventory Builds, NatGas Eyes June Demand Surge
Brent and WTI oil face downside pressure from surprise U.S. inventory builds, while natural gas eyes gains on summer heat and grid strain forecasts.