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Why Oil May Regain Upward Momentum

Why Oil May Regain Upward Momentum
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Baystreet ca - Why Oil May Regain Upward Momentum

Dynamics in the global oil markets have shown little change over the past couple of weeks with pessimism still high and hedge funds still leaning towards the short side of the market. Over the past week, Brent prices remained range-bound in the $83.45-83.60/bbl .

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Oil steadies as markets weigh Russian supply woes

Front-month Brent crude futures due to expire on Thursday were 12 cents down at $86.63 a barrel by 11:59 EDT (1559 GMT) while U.S. West Texas Intermediate (WTI) crude futures was up 13 cents at $82.08.

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Saudi oil minister deflects blame for rising prices : Kemp - Today

Saudi Arabias oil minister denied the kingdoms recent production cuts have been intended to boost prices, in remarks at the World Petroleum Congress in Calgary on Sept. 18. Its not. -September 19, 2023 at 09:00 pm EDT - MarketScreener

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COLUMN-Saudi oil minister deflects blame for rising prices: Kemp

COLUMN-Saudi oil minister deflects blame for rising prices: Kemp
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