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StanChart has turned bearish on oil, slashing its 2025 forecast by $16 to $61/bbl amid recession fears. Manufacturing is a ...
The daily chart for natural gas (NG) shows that prices rebounded from the key level of $3 and subsequently reached the ...
The counter trend rally in the price of crude oil failed to reclaim the 20-Day MA ... further bearishness on the larger time frame weekly chart. If $60.27 does fail as support, the next lower ...
Cheap crude is fueling ... demand for oil is already rising thanks to the lower prices, per that Bloomberg report. And it is going to rise further until the price trend reverses, which is also ...
We will be looking to do what we said in Week 53 of 2024 in case crude oil turns out to be the ‘top trade of 2025’ as we ...
Crude oil prices began the week under pressure ... view allows for another upward corrective leg before the main bearish trend resumes. Crude oil’s current decline is fueled by a potent cocktail ...
President Trump cast himself on the campaign trail as the savior of U.S. oil and gas. His shock treatment of the American ...
BAKU, Azerbaijan, May 1. The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta on April 30 decreased by $1.13 (1.71 percent) compared to the previous ...
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In a statement, the ministry said the government would continue to monitor global crude oil price trends and take appropriate measures to ensure the people’s continued welfare and wellbeing.