CRUDE RALLIED NEARLY 12% APRIL TO BE ONE OF TOUGHEST MONTHS
Crude oil

CRUDE RALLIED NEARLY 12% APRIL TO BE ONE OF TOUGHEST MONTHS

*Oversupplied in April to the tune of 25 million barrels per day *Oil punters have been watching unfolding developments in the energy space Brent crude rallied nearly 12% o ....

SAUDI ARABIA INTENDS TO RAISE OIL OUTPUT BY 12.3 MILLION BARREL: PRICE NEED TO FALL $20
Crude oil

SAUDI ARABIA INTENDS TO RAISE OIL OUTPUT BY 12.3 MILLION BARREL: PRICE NEED TO FALL $20

*Russia hinted low oil prices for six to 10 years *Markets are now wagering on output cut by US producers in the range of 1-2 million barrels Saudi Arabia now intends to ra ....

CRUDE OIL BEARS ARE TARGETING THE SUPPORT OF $48
Crude oil

CRUDE OIL BEARS ARE TARGETING THE SUPPORT OF $48

*Prices continue to print lower levels on coronavirus fears and increased supply *Low crude oil price gloom for silver lining for India Since the crude oil prices surged in ....

A VOLATILE YEAR IN 2020 AFTER 2019 FOR THE CRUDE OIL MARKET
Crude oil

A VOLATILE YEAR IN 2020 AFTER 2019 FOR THE CRUDE OIL MARKET

*The market is still underestimating the impact of tensions in the region *Oil prices reflect concern not panic after airstrike on Iranian General There are lots of reaso ....

CURRENT OPEC DEAL INTACT WOULD BE THE MOST LIKELY OUTCOME
Crude oil

CURRENT OPEC DEAL INTACT WOULD BE THE MOST LIKELY OUTCOME

*Oil prices could feel some pressure in the aftermath of the meeting *No reason right now to extend the cuts that all means Russia could be a wild card To keeping the current ....