CRUDE OIL PRICES RECEIVED ANOTHER TAILWIND
Crude oil

CRUDE OIL PRICES RECEIVED ANOTHER TAILWIND

*Global oil demand to hit pre-pandemic levels in the second half of next year *OPEC+ alliance will gather on July 1 to consider reviving the remainder Crude oil prices rece ....

CRUDE OIL COULD HIT UP TO $80 BY JUNE EVEN PANDEMIC IMPACT
Crude oil

CRUDE OIL COULD HIT UP TO $80 BY JUNE EVEN PANDEMIC IMPACT

*Oil demand will post a record jump as vaccination rates increase *Indian gasoline demand has fallen 6.3% on the month to 2.14 million ton in April Oil prices are rising ....

DRONE ATTACK ON A SAUDI IS A PERFECT MIX OF BULLISH NEWS
Crude oil

DRONE ATTACK ON A SAUDI IS A PERFECT MIX OF BULLISH NEWS

*The market may need to price in some risk premium *Goldman Sachs raised its Brent crude price forecast by $5 to $75 in the second quarter A drone attack on a Saudi oil shi ....

THE CRUDE OIL UPTREND WAS REAFFIRMED WHEN BUYERS TOOK OUT $50
Crude oil

THE CRUDE OIL UPTREND WAS REAFFIRMED WHEN BUYERS TOOK OUT $50

*Crude oil rounding out seven straight weeks of gains last week’s rally to over 5% *Hedge fund managers were substantial buyers of petroleum futures and options The uptre ....

OPEC DECISION IS EXPECTED TO MORE STRENGTHEN INDIAN FUEL PRICES
Crude oil

OPEC DECISION IS EXPECTED TO MORE STRENGTHEN INDIAN FUEL PRICES

*Over the past fortnight crude oil risen 11%: Indian fuel rates have been hiked 13 times *Goldman maintained its 12-month Brent price forecast of $65 per barrel On Friday, Sa ....