Commodity DNA | Crude oil

Crude oil

By Ibrahim Patel
Sep 29, 2023

CRUDE OIL PRICES MAY REACH $100 BUT SUSTAINABILITY IS UNCERTAIN

*US oil production hit 13 million bpd in September matching the record output from November 2019 *why does the sustainability of crude at $100 look difficult? Brent futur ....

Crude oil

By Ibrahim Patel
Aug 25, 2023

IN AUGUST GLOBAL CRUDE OIL DEMAND MIGHT REACH A NEW PEAK

*Crude oil investors remained focused on jackson hole symposium *US crude output reached 12.8 million barrels in the week to August 18 Crude oil investors remained focused ....

Crude oil

By Ibrahim Patel
Jul 10, 2023

LOWER SUPPLY OF CRUDE OIL INTO THE GLOBAL MARKET PUSHED THE PRICES UP

*Brent crude to average $80 a barrel in 2023 *Indian oil demand totaled 19.31 million ton in June down from 20.06 million ton in May Crude oil prices rallied last week and ....

Crude oil

By Ibrahim Patel
May 28, 2023

CRUDE OIL IS STARTING TO PRICE IN THE POSSIBILITY OF ANOTHER PRODUCTION CUT

*Crude oil falls on conflicting OPEC+, Russia messages amid stronger dollars *Oil’s short positions are considerable, at 184 million barrels as of May 16 *Saudi energy mini ....

Crude oil

By Ibrahim Patel
Feb 21, 2023

POST-PANDEMIC RECOVERY IN JET FUEL CONSUMPTION AS PENT-UP DEMAND FOR CRUDE OIL

*China is expected to import a record amount of crude oil in 2023 *India’s Russian oil imports climbed to a record 1.4 million barrels per day in January Oil prices went ....