Global Commodities: If You Need Oil This Summer, Who You Gonna Call?
High oil prices, tight market conditions, and strong global demand expected to drive prices up to $90 by August or September, with China increasing...
61 Views
[ETP 26/2024] Oil Prices Drop on Surprise Inventory Build; Oil Majors Slide but Retain Gains
Inventory build-up in the US points to signs of weaker-than-expected summer demand, Nat-gas prices hit by rising output. Uptrend in oil & gas...
229 Views
US Crude Oil Output at Risk as Rig Count Plummets
US oil rig count continues to plummet, touching its lowest level in 2024. The current oil rig count is the lowest since January 2022, while the...
216 Views
Commodity Analysis - Crude Oil WTI Futures
According to Graph 1, during the period February 28th , 2024 – May 31st , 2024, a mixed trend was reflected in the prices of crude oil futures amid...
[ETP 25/2024] Energy Majors Bounce Back; Their Expansion Spree Continues
Oil prices rise on seasonal demand growth and Middle East conflicts. Henry Hub slides on the forecast of cooler temperatures next week. Energy...
424 Views