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2024-10-21 | Market Commentary
Crude Oil Futures Face Sharp Declines Crude oil futures took a sharp hit last week, with both Brent and West Texas Intermediate (WTI) crude dropping over 7%, marking their largest weekly declines in more than a month. This selloff was driven by weaker demand forecasts from China and reduced fears of supply disruptions in the […]
2024-09-26 | Market Commentary
The latest data from the Energy Information Administration (EIA) shows a bigger-than-expected drop in US crude oil inventories, signaling stronger demand for oil. Impact on Oil Prices and Inflation US companies reported a 4.471-million-barrels decline in crude oil stock, much higher than the forecasted 1.300 million barrels. This drop also surpasses last week’s decrease of […]
2024-05-02 | Market Dive
The recent Israel-Iran conflict might have you picturing oil prices soaring through the roof. But before you panic-buy, read this article!
2022-11-03 | Market Dive
This year, the global oil and gas situation has been stirred by multiple factors including geopolitical, market, and economic risks.
