Energy news

The crude oil markets have experienced a notable downturn during the recent trading session, with a significant break below major support levels.

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The GBP/USD price continued its downward trend as UK and US bond yields and crude oil prices slipped.

This article delves into the reasons behind oil’s recent selloff. The piece also examines the commodity’s technical outlook, analyzing critical price thresholds that should be on every trader's radar in the coming days and weeks.

The natural gas market experienced a notable upswing during Tuesday's trading session, with prices surpassing the $2.64 level in early trades.

During Tuesday's trading session, crude oil markets initially experienced a decline but found substantial support at the lower end of the recent consolidation range.

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The crude oil markets, particularly the West Texas Intermediate (WTI) and Brent, experienced a significant downturn during Monday's trading session.

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Oil prices continued to slide for the majority of the Asian and European sessions before finding support at recent lows. Geopolitical risks and technicals hint at recovery in price.

The natural gas market opened with an upward gap on Friday, only to reverse its course and head lower.

The volatility of crude oil markets in recent days has left investors grappling with uncertainty, as the commodity searches for a way out of a major consolidation zone.

WTI Crude Oil finished near the 74.350 USD price per barrel on Friday.

Crude oil prices slumped last week after OPEC+ announced voluntary cuts into 2024 as US factors play an important role in short-term guidance this week.

The crude oil markets experienced a noteworthy uptick during Thursday's trading session, coinciding with the pivotal OPEC meeting.

December could be a pretty wild month for the crude oil markets, as we are currently waiting to find out whether or not OPEC will cut production.

Oil prices failed at a technical hurdle today as the OPEC+ meeting failed to convince. Despite announcing around 2 million bpd cuts for Q1 2024 market participants were expecting more as Global Markets continue to flash signs of a slowdown.