EIA

Drilling down: Key factors that could impact oil prices this week

Tue, 11 Feb 2025 11:00:00 +0000

Drilling down: Key factors that could impact oil prices this week Lukman.Otunuga… Tue, 02/11/2025 - 13:00

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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.

Brent: Slips into Q4 on supply fears

Tue, 01 Oct 2024 10:35:56 +0000

Brent: Slips into Q4 on supply fears Lukman.Otunuga… Tue, 10/01/2024 - 13:35

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The past few months have been rough and rocky for oil benchmarks. Crude and Brent shed over 16% in Q3 due to expectations around OPEC+ bringing back production while a slowdown in China rubbed salt into the wound.

Brent: Bulls fight back ahead of US CPI data

Wed, 11 Sep 2024 10:37:50 +0000

Brent: Bulls fight back ahead of US CPI data Lukman.Otunuga… Wed, 09/11/2024 - 13:37

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In case you missed it, oil tumbled over 4% yesterday after OPEC+ lowered global demand forecasts for this year and 2025!

Week Ahead: Brent waits on OPEC+ meeting

Fri, 31 May 2024 08:47:20 +0000

Week Ahead: Brent waits on OPEC+ meeting Lukman.Otunuga… Fri, 05/31/2024 - 11:47

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Key central bank decisions and top-tier economic data could rock markets in the week ahead. The spotlight shines on oil benchmarks thanks to the OPEC+ decision over the weekend.

Week Ahead: Oil primed for more upside?

Fri, 29 Mar 2024 09:56:00 +0000

Week Ahead: Oil primed for more upside? Lukman.Otunuga… Fri, 03/29/2024 - 11:56

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Despite the holiday shortened week ahead for UK and European markets, the second quarter of 2024 could kick off with a bang.

Crude: Capped below weekly resistance?

Wed, 20 Mar 2024 10:36:59 +0000

Crude up almost 2% this week

Watch out for EIA report & Fed decision

Weekly resistance at $83.64

Possible bearish scenario on H4

Key levels of interest at $81.25 Read More