Browsing Tag
crude oil
29 posts
Brent Rises 1.5% as OPEC’s 137K bpd Boost Calms Glut Fears
Brent crude price jumped 1.5% on Monday after OPEC+ announced a modest 137,000 barrels per day production increase,…
$20 Billion Oil Deals Paid in Chinese Yuan, US Dollar Left Out
Crude oil trade between Russia and China has reached record levels, reaching their highest point, defying US tariffs…
Trump’s 50% India Tariffs Trigger 85% Oil Spread Collapse
India 50% oil tariff has triggered an massive 85% collapse in the Brent-Dubai spread, and it dropped from…
Goldman Sachs Sees $110 Oil on Iran’s Hormuz Disruptions
Goldman Sachs has now predicted a new forecast for Brent and crude oil as Israel-Iran tensions take a…
Crude Oil Prices Could Decline Below $50 This Year
Leading analysts from S&P Global and others predict that crude oil prices could fall below the $50 mark…
Peter Brandt Warns: Crude Oil Headed to $46 as Supply Shock Unfolds
Crude oil price prediction has taken a pretty bearish turn as Peter Brandt warns that prices could actually…
Trump Sanctions 2 Countries That Openly Promoted De-Dollarization
China and Iran have been pushing the de-dollarization agenda and US President Donald Trump is tackling the issue…
BRICS: China Helps Taliban Sell $80 Million Worth Crude Oil in 10 Days
The war-torn Afghanistan’s conservative government, the Taliban announced that it sold $80 million worth of crude oil in…
Citi Analysts Predict Oil Prices Could Crash To $60 a Barrel
Citi analysts remain bearish on oil prices and predict a sharp fall highlighting the ongoing geopolitical tensions around…
U.S. Oil and Gas Production Shatters Records in 2024
Not Saudi Arabia or Russia, the U.S. is now the largest producer of oil and gas in the…