Oil investing types. Oil traders have been cautious amid a new wave of COVID-19 in China. The oil markets flip-flopped mid-week to refocus on the pending EU ban on seaborne…
Oil investing types. The European Union has yet to strike a deal on the proposed price cap for Russian oil. Poland, Estonia, and Lithuania are pushing for the price cap…
Oil investing types. Most Middle Eastern exporters have recorded their highest-ever differentials in 2022. Fundamental headwinds are hurting crude demand in the last months of 2022. Considering that by now…
Oil investing types. Goldman Sachs has cut its oil price forecast by $10. The investment bank cited lockdowns in China as dampening demand. Goldman also noted an increase in Russian…
Oil investing types. Join Our Community U.S. West Texas Intermediate crude oil traded lower on Thursday as the U.S. Dollar soared on hawkish comments from a widely followed Federal Reserve…