Crude Oil Price Poised For A Breakout Amid Stormy Times

Crude oil prices have been under intense pressure. WTI crude has been trading below the $70 level; Brent crude has been hanging on to that level by a whisker.

Crude Oil Prices Take A Breather Amid Improved Inventories

The crude oil price has jumped more than 10% since the start of the week. Lat week, oil prices fell to a nine-month low before bouncing back this week.

Crude Oil Price Forecast Ahead of OPEC+ Meeting

Crude oil price remains on an uptrend ahead of the OPEC+ meeting scheduled for Thursday next week. Analysts expect the alliance to increase output modestly even as demand surges.

Crude oil price whipsaws ahead of US oil inventories

Crude oil price remains on an uptrend as optimism on the recovery…

Crude oil price whipsaws amid uncertainties on oil demand

Crude oil price is trading lower after EIA presented higher-than-expected inventories data. On Tuesday, API had indicated that stockpiles had dropped by 2.533 million barrels compared to the expected 2.250 million barrels. According to OPEC, uncertainties on oil demand remain.