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Home Oil Market

Oil Market

Oil storage tanks at a refinery during sunset, representing crude supply and market conditions
Forex News

2026-05-22

Crude oil prices edged higher on Wednesday after the latest US inventory data pointed to a tighter supply picture than analysts had anticipated..

  • by Jayshree
  • 2026-05-22
  • 0 Comments
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Oil storage tanks at sunset with WTI crude price display at $98.50
Forex News

2026-05-21

West Texas Intermediate (WTI) crude oil futures stabilized above the $98.00 per barrel mark on Tuesday, as market participants weighed conflicting signals emerging.

  • by Jayshree
  • 2026-05-21
  • 0 Comments
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Oil refinery at dusk, symbolizing market uncertainty and OPEC+ fragmentation risks.
Forex News

2026-05-19

A new analysis from Rabobank has raised fresh concerns about the stability of the OPEC+ alliance, warning that the potential exit of the.

  • by Jayshree
  • 2026-05-19
  • 0 Comments
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Oil storage tanks at sunset with US and Iranian flag reflections, representing geopolitical oil market tensions.
Forex News

2026-05-09

West Texas Intermediate crude oil futures extended their decline on Tuesday, pressured by a combination of revived diplomatic signals between the United States.

  • by Jayshree
  • 2026-05-09
  • 0 Comments
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Oil tanker navigating the Strait of Hormuz under clear skies, representing eased geopolitical risk
Forex News

2026-05-06

West Texas Intermediate (WTI) crude oil futures experienced a sharp decline during Tuesday’s trading session, driven by growing expectations that the United States.

  • by Jayshree
  • 2026-05-06
  • 0 Comments
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Oil tanker navigating the Strait of Hormuz, a key chokepoint for global oil supply, amid geopolitical tensions with Iran.
Crypto News

2026-05-01

In a striking statement that has sent ripples through global energy markets, U.S. President Donald Trump has cast doubt on the feasibility of.

  • by Sofiya
  • 2026-05-01
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A vast underground cavern of the US Strategic Petroleum Reserve with towering steel storage tanks, illustrating the recent surge in SPR releases.
Crypto News

2026-04-29

The United States Strategic Petroleum Reserve (SPR) has witnessed a dramatic surge in releases over the past week, reaching their highest level since.

  • by Sofiya
  • 2026-04-29
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Brent crude supply outlook: UAE oil refinery at sunset representing market shift after OPEC exit
Forex News

2026-04-29

The Brent crude supply outlook has undergone a significant transformation following the United Arab Emirates’ decision to exit the OPEC+ alliance. This move,.

  • by Jayshree
  • 2026-04-29
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US Navy aircraft carrier patrolling the Strait of Hormuz during the Iran blockade escalation ordered by President Trump.
Forex News

2026-04-29

US President Donald Trump has directed his aides to prepare for an extended naval blockade of Iran, according to a report from the.

  • by Jayshree
  • 2026-04-29
  • 0 Comments
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UAE oil refinery at sunset representing the United Arab Emirates exits OPEC and its impact on the global energy market.
Forex News

2026-04-28

The United Arab Emirates exits OPEC, shaking global energy market dynamics. This historic decision, announced in early 2025, sends shockwaves through the oil.

  • by Jayshree
  • 2026-04-28
  • 0 Comments
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