Buildup in US Crude Inventory Slows Amid Expectations of a Pick up in Refinery Utilisation Levels
US crude inventory growth slows, oil rig count to stay flat in 2024, production to rise slightly, demand to increase with warmer weather forecast...
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Strong Buildup of US Crude Inventory Plays Spoilsport to a Solid Oil Rally
OPEC optimistic on oil demand growth, while IEA lowers forecast. US crude inventories rise as refinery utilization drops. OPEC predicts stronger...
310 Views
Energy Cable: The Rollercoaster in Crude Oil Continues
The crude market is rife with subtle tit-for-tat politics, and there’s little to indicate this dynamic will change. We delve into the current state...
269 Views
Global Commodities: How to Gain $10 in Three Months
The decrease in crude inventories, record low global onshore crude inventory, increasing oil demand, declining OPEC crude exports, and higher...
286 Views
EIA Forecasts Crude Oil Prices to Fall in 2025 Due to Weak Demand Growth
EIA sees oil prices rising in the short-term but keeps its bearish outlook for the long-term remains intact due to tepid growth in oil demand. US...
368 Views