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Oil still holding its rally
Analysis

Oil still holding its rally

Oil and InflationWhile the market is worry about the inflation, latest oil price raising has exacerbated these concerns. Calling that energy crisis or energy price crisis, the reason is higher inflation at the end, as usual, it is the consumer that h...

Author:
Ahura Chalki
Published on: 12.10.2021 22:10 (UTC)
90
WTI after OPEC meeting and ahead of Inventory reports.
Analysis

WTI after OPEC meeting and ahead of Inventory reports.

Moving towards a $100?Yesterday Oil market witnessed a sharp rise in prices to their highest levels since 2014. When we look at the chart, whenever the price moved above $80, continued to move towards $100.Yesterday, OPEC+ ministers, decide...

Author:
Ahura Chalki
Published on: 05.10.2021 16:23 (UTC)
96
WTI, Price, and Impact on global markets
Analysis

WTI, Price, and Impact on global markets

Oil in 3 years high! Let's start with Goldman Sachs updated forecast for Oil Market. As the new forecasts show, Brent is to hit $90 per barrel by year-end, noting "the current global oil supply-demand deficit is larger than we expected, with the...

Author:
Ahura Chalki
Published on: 27.09.2021 16:40 (UTC)
143
Oil, Ida, Nicholas, and FED
Analysis

Oil, Ida, Nicholas, and FED

Oil and the week ahead! While still, about 25% of US Gulf crude is offline, we are getting closer to another Federal Reserve meeting and market participants are turning their focus to that. This focus and concern can help the US dollar to rise a...

Author:
Ahura Chalki
Published on: 20.09.2021 07:09 (UTC)
126
OPEC is an optimist, Oil increasing!
Analysis

OPEC is an optimist, Oil increasing!

OPEC sees more demand in 2022 Yesterday, US crude oil prices continued their way up by a 1.3% gain at the closing time, to touch a weekly high at its daily high above $70.73. Today this rally continued its way after a bit of correction to touch...

Author:
Ahura Chalki
Published on: 14.09.2021 09:42 (UTC)
169