News

Chevron, the state’s largest oil refiner, is linked to a client of the author who wrote a study predicting a rise to $8 a ...
Brent traded above $66 a barrel after jumping 4% last week, while West Texas Intermediate was near $64. Negotiators from the ...
While oil prices struggle under geopolitical uncertainty and stockpile data, natural gas receives bullish momentum from seasonal demand ... within a bearish pattern. The support level is around ...
The current pattern ... that oil has historically traded higher by the end of August in 73% of election cycle years, like 2025. This looming geopolitical squeeze, combined with seasonal strength ...
However, a break below $66 could continue the downward trend for oil prices. Oil 4-Hour Chart – Triangle Pattern The 4-hour chart also reveals a triangle pattern formation, indicating bearish ...
"After a soft start to the 2024 driving season, U.S. crude oil demand has improved and is now in-line with its typically strong seasonal pattern." Indeed, the U.S. four-week consumption average ...
Falling oil prices over recent months are likely to support and prolong this pattern, Li added ... into the third quarter amid the ongoing seasonal refinery maintenance and strategic ...
Oil prices are climbing, heading for their largest weekly gain since early October. Escalating tensions between Russia and Ukraine have added a geopolitical risk premium of $3-$4 per barrel.