Commodity DNA | Crude oil

Crude oil

By Ibrahim Patel
Dec 12, 2021

CRUDE OIL DEMAND STILL POSE A RISK TO BULL MARKET STABILITY

*Oil prices dropped nearly 13% from seven-year highs of $86 a barrel in October *US will sell 18 million barrels of crude oil from its strategic petroleum reserve on Dec. 17 ....

Crude oil

By Ibrahim Patel
Oct 18, 2021

PREDICTIONS OF $100 OIL PRICE HAVE STARTED TO EMERGE ONCE AGAIN

*Crude oil would act as a trigger for sudden re-pricing of risk assets across the board *Control over the market’s marginal oil supply and oil prices is firmly in the hands of ....

Crude oil

By Ibrahim Patel
Jul 20, 2021

2 MILLION BPD TO GLOBAL SUPPLY BY THE YEAR END LEADING TO A LOWER CRUDE PRICE

*OPEC+ also plans to end all output restrictions by September 2022 *Predictions of $100 a barrel oil made by some investment banks are less likely to materialize The OPEC ....

Crude oil

By Ibrahim Patel
Jun 14, 2021

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

By Ibrahim Patel
May 04, 2021

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 ....