The market was not in favor of crude oil in May. For the second consecutive month, oil closed with loss due to economic concerns and geopolitical tensions in Ukraine and the Middle East… Read More
April started with increasing tensions in the Middle East and a possible war between Iran and Israel. Brent climbed up to $ 82.64 but then slowed as the tensions calmed down. New possibilit… Read More
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kebun anggur kiringan boyolali
kiringan kota mage… Read More
Oil closed March with over 6% growth. Market sentiment was increasingly bullish due to OPEC+ production cuts, supply disruption, and improving demand. Experts believe that in current condit… Read More
Brent started February at 80 USD then increased to about 84. The price almost remained range bound during February which shows the uncertainty of the markets. If economic reports of March s… Read More
2024 started with Brent at around 77 with a sharp up and down during January. The market looked to be totally under the effects of the Middle East tensions. The price drove above 80 in the… Read More
December 2023 ended with oil of below $80. This happened while at the first of the year, forecasts believed that crude will be above $100. The price roughly touched 100 in 2023 and if funda… Read More
November experienced lots of complexity in crude oil and other commodities. Fear of the war in the Middle East and economic uncertainty continued and it led crude oil lower.
You can watc… Read More
October had a hectic situation for commodities with economic concerns and a new war between Israel and Hamas. After 4 consecutive months of growth, oil dropped by about 7% in October due to… Read More
Export season is under the influence of regional developments and oil price.
♾️ *Infinity Galaxy 164 Weekly Bitumen Report*
📅 *17 November 2023*
Find out more at Infin… Read More
September started with an absolute bullish sentiment but it slowed down a bit in the middle of the month. However, the overall result of the month was positive.
You can watch the Weekly… Read More
Oil didn't have much luck on the first of August. The fears of economic breakdown were taking over the market more than before. It led to a decline after two months of constant growth. But… Read More
The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019. REUTERS/Chris Helgren/File Photo Acquire Licen… Read More
Extreme bullish sentiment in July 2023 evoked most petroleum products for August. Brent oil started July at $ 75.05 and ended up at $ 85.21 with a growth rate of about 12% in one month… Read More
During the last week of May, the price of crude oil decreased due to concerns about the US debt ceiling. However, on June 1, it experienced a slight increase after news of an agreement betw… Read More
One year after Russia’s war against Ukraine, the authorities of Ukraine state that Russia started a new chain of missile attacks throughout Ukraine and buildings and infrastructures of… Read More
As Russia’s war against Ukraine gets one year old, around 1/4 of the Ukraine population seeks help. However, Russia announced a production cut of 500K barrels from 1 March in a one-sid… Read More
The fall of Brent and WTI oil prices was the most important news of the week, which started on May 1. The reasons for the fall were proposed by analysts, who cited weak demand in China due… Read More
In the first week of 2023, the leader of the Republicans could not win the election of USA Senate after several times of voting which was an unprecedented even in America during the last 100… Read More
In April 2023, France and some other European countries were trying to end Russia’s war against Ukraine, but the economic effects of peace were uncertain. OPEC+ announced a production… Read More
Another plunge of oil by reports on the rebuild of inventories and a hectic market in the Middle East.
Brent closed at 82.81 and WTI settled at 76.42 on Friday, Feb 24.
Crude oil end… Read More
In March, Brent crude oil had a weak movement with slight comebacks to expected price levels due to incentives from the Federal Reserve. The oil price closed at around $74.49, with WTI s… Read More
The moderate recovery of China led to a light growth of crude and Bitumen market became hopeful for more increase.
Brent oil closed at $87.58 and WTI settled at $81.66 on Jan 20.
Oil price… Read More