https://www.forextime.com/ en https://www.forextime.com/market-analysis/drilling-down-key-factors-could-impact-oil-prices-week <span property="schema:name">Drilling down: Key factors that could impact oil prices this week</span> <span rel="schema:author"><span lang="" about="https://www.forextime.com/user/17" typeof="schema:Person" property="schema:name" datatype="" content="Lukman.Otunuga@FXTM CY CA" xml:lang="">Lukman.Otunuga…</span></span> <span property="schema:dateCreated" content="2025-02-11T11:00:00+00:00">Tue, 02/11/2025 - 13:00</span> <div property="schema:image">/s3-static/2025-02/oil_drip_pipe_small_0_2.jpg</div> <div property="schema:text">Oil benchmarks are up almost 2% this week as tighter Russian crude supply overshadowed fears around Trump’s expanding tariffs. Oil could be rocked by a cocktail of high-risk events ranging from monthly oil forecasts to US inflation data.</div> Tue, 11 Feb 2025 11:00:00 +0000 1869 at https://www.forextime.com https://www.forextime.com/market-analysis/commodities-round-opec-delays-meeting-coffee-rallies <span property="schema:name">Commodities round-up: OPEC+ delays meeting, Coffee rallies </span> <span rel="schema:author"><span lang="" about="https://www.forextime.com/user/17" typeof="schema:Person" property="schema:name" datatype="" content="Lukman.Otunuga@FXTM CY CA" xml:lang="">Lukman.Otunuga…</span></span> <span property="schema:dateCreated" content="2024-11-28T12:27:23+00:00">Thu, 11/28/2024 - 14:27</span> <div property="schema:image">/s3-static/2024-11/download%2840%29_4.jpeg</div> <div property="schema:text">OPEC+ has postponed its next oil policy meeting to December 5th from December 1st while coffee prices have rallied to multi-decade highs!</div> Thu, 28 Nov 2024 12:27:23 +0000 1787 at https://www.forextime.com https://www.forextime.com/market-analysis/week-ahead-oil-primed-more-upside <img src="https://www.forextime.com/s3-static/markets/field/image/Oil/shutterstock_258266876.jpg" width="160px" height="auto" loading="lazy" alt="" /><br /><ul><li><span><span><span>Crude <strong>↑</strong> over <strong>15% in Q1</strong> </span></span></span></li> </ul><ul><li><span><span><span>Oil could kick off Q2 with bang </span></span></span></li> </ul><ul><li><span><span><span>OPEC+ JMMC meeting, EIA data & NFP in focus </span></span></span></li> </ul><ul><li><span><span><span>Prices bullish on <strong>D1 & W1 timeframe</strong> </span></span></span></li> </ul><ul><li><span><span><span>Key level of interest <strong>at $83 </strong></span></span></span></li> </ul><h3><span><span><span>Despite <a href="https://www.forextime.com/market-analysis/week-ahead-oil-primed-more-upside">Read More</a></span></span></span></h3> Fri, 29 Mar 2024 09:56:00 +0000 1507 at https://www.forextime.com https://www.forextime.com/market-analysis/mid-week-technical-outlook-oil-waits-fundamental-spark <img src="https://www.forextime.com/s3-static/markets/field/image/Oil/black_oil_cusped_in_blue_gloved_hands_2.jpg" width="160px" height="auto" loading="lazy" alt="" /><br /><ul><li><span><span><span>Brent bulls and bears in tug of war  </span></span></span></li> </ul><ul><li><span><span><span>Prices trapped in range on D1 charts</span></span></span></li> </ul><ul><li><span><span><span>Incoming EIA data could trigger volatility</span></span></span></li> </ul><ul><li><span><span><span>Technical indicators favour bears </span></span></span></li> </ul><ul><li><span><span><span>Key levels of interest at $79 and $75.50 </span></span></span></li> </ul><h3><span><span><span>It has been a choppy affair for oil prices thanks to <a href="https://www.forextime.com/market-analysis/mid-week-technical-outlook-oil-waits-fundamental-spark">Read More</a></span></span></span></h3> Wed, 10 Jan 2024 11:46:13 +0000 1435 at https://www.forextime.com https://www.forextime.com/market-analysis/trade-week-oil-surges-middle-east-tensions <img src="https://www.forextime.com/s3-static/2023-10/shutterstock_258266876.jpg" width="160px" height="auto" loading="lazy" alt="" /><br /><ul><li>Oil surges over 5% on geopolitical uncertainty</li> <li>Middle East tensions fuel concerns over crude supplies</li> <li>Keep eye on OPEC/EIA monthly report</li> <li>Brent gaps higher but still under pressure on D1 chart</li> <li>Keep eye on $89.70 dynamic resistance level </li> </ul><p><span><span><span>Oil prices were in sharp focus on Monday after surging on geopolitical tensions following the weekend attack on Israel. </span></span></span></p> <p> <a href="https://www.forextime.com/market-analysis/trade-week-oil-surges-middle-east-tensions">Read More</a></p> Mon, 09 Oct 2023 10:15:13 +0000 1350 at https://www.forextime.com https://www.forextime.com/market-analysis/are-oil-bulls-unstoppable <img src="https://www.forextime.com/s3-static/2022-07/oil_barrels_up.jpg.webp" width="160px" height="auto" loading="lazy" alt="" /><br /><p>Oil prices have hijacked the financial market headlines by surging to levels not seen since 2008.</p> <p><a href="https://www.forextime.com/uk/trading-instruments/contract-specifications/Brent">Brent crude </a>punched above $131 on Tuesday as the United States and Britain moved to ban Russian oil imports. Given how such a move is likely to squeeze supply and create further disruptions in the global energy market, this could propel the oil prices even higher.</p> <p>Since the start of March, both WTI and brent have appreciated over 30% as the Russian-Ukraine tensions intensified. With <a href="https://www.forextime.com/market-analysis/are-oil-bulls-unstoppable">Read More</a></p> Tue, 08 Mar 2022 20:29:02 +0000 755 at https://www.forextime.com