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WTI Oil Price against EIA Crude Inventories: why my machine learning algorithm failed to find the ultimate formula?
Crude Oil Prices

WTI Oil Price against EIA Crude Inventories: why my machine learning algorithm failed to find the ultimate formula?

  The crude oil price, which took a dramatic fluctuation last week, finally got the ultimate market stabilizer – the fall of the US crude oi...
Saturday, 31 July 2021
Oil Price: US inventory draw lifts the market mood up
Crude Oil Prices

Oil Price: US inventory draw lifts the market mood up

  The unsettled crude oil markets seem to have got a mood booster, having been through some chaotic market speculations - at last. With th...
Thursday, 29 July 2021
The withdrawl of American troops from Iraq and its direct impact on the crude oil markets
Crude Oil Prices

The withdrawl of American troops from Iraq and its direct impact on the crude oil markets

The recent meeting between Mustafa al Kadhimi, the Iraqi prime minister and President Jo Biden at the White House came at a critical time fo...
Tuesday, 27 July 2021
Oil Price in 2021: evolving Middle Eastern politics still weighs heavily on it!
Crude Oil Prices

Oil Price in 2021: evolving Middle Eastern politics still weighs heavily on it!

  Global crude oil markets, which saw a highly tumultuous days during the week, finally reached an uneasy equilibrium by the weekend, with t...
Sunday, 25 July 2021
Heightend Activities in Iranian Oil Sector: a deal over the JCPOA may be in the offing!
Crude Oil Prices

Heightend Activities in Iranian Oil Sector: a deal over the JCPOA may be in the offing!

  With Goreh-Jask pipeline coming into operation on Thursday, Hassan Rouhani, the outgoing Iranian president could not hide his jubilation f...
Friday, 23 July 2021
Crude Oil Markets: voltality subsides with demand/supply back under spotlight
Crude Oil Prices

Crude Oil Markets: voltality subsides with demand/supply back under spotlight

  The volatility that we saw in the crude oil markets has subsided somewhat as we approach the weekend, preceded by a tumultuous few days. ...
Thursday, 22 July 2021
Oil Supply Woes: Iraq is back under spotlight -  for the wrong reasons!
Crude Oil Prices

Oil Supply Woes: Iraq is back under spotlight - for the wrong reasons!

  As analysts in the oil sector keep their focus firmly on the spat between the two important Middle Eastern allies, they seemed to have ina...
Tuesday, 20 July 2021
Oil Price: the UAE managed to elevate its baseline; production rises by 400,000 bpd
Crude Oil Prices

Oil Price: the UAE managed to elevate its baseline; production rises by 400,000 bpd

  The OPEC+ finally managed to overcome the weeks of uncertainty over the direction that the group is supposed to move in the post-pandemic ...
Monday, 19 July 2021
OPEC+ Meeting on Sunday: will the UAE get its way?
Crude Oil Prices

OPEC+ Meeting on Sunday: will the UAE get its way?

  After two weeks of uncertainty, the OPEC+ is finally meeting on Sunday, the group announced yesterday. The bone of contention between th...
Sunday, 18 July 2021
India and Saudi Arabia reset their relations amicably
Crude Oil Prices

India and Saudi Arabia reset their relations amicably

  The crude oil markets are in turmoil on many fronts and the price has been falling for the past few days, although the rate of fall gradua...
Friday, 16 July 2021
EIA shows a significant drop of US crude oil inventories in a week -  almost 8 million barrels
Crude Oil Prices

EIA shows a significant drop of US crude oil inventories in a week - almost 8 million barrels

  The news, emerged in the late afternoon on Wednesday, which said that the UAE and Saudi Arabia had reached a deal to get past the OPEC+ im...
Thursday, 15 July 2021
Oil Price: API says US crude oil inventories dropped by over 4 million barrels last week
Crude Oil Prices

Oil Price: API says US crude oil inventories dropped by over 4 million barrels last week

  The price of crude oil that increased on Tuesday, but at a slower rate, fell again on Thursday by a modest amount. As of 09:30 GMT, the pe...
Wednesday, 14 July 2021
Reviving the Iran Nuclear Deal: Iranian official says what achived far outweigh what not achived
Crude Oil Prices

Reviving the Iran Nuclear Deal: Iranian official says what achived far outweigh what not achived

  An Iranian spokesman of the Foreign Ministry admitted that talks are underway with the US on prisoner-swaps, confirming the reports in thi...
Tuesday, 13 July 2021
What triggered off the sudden fall of oil price on Monday?
Crude Oil Prices

What triggered off the sudden fall of oil price on Monday?

  The price of crude oil unexpectedly stumbled on Monday despite the evidence of tightening supply and rapidly falling inventories. Both ben...
Monday, 12 July 2021
Is the US gradually turning into a major Indian crude oil supplier?
Crude Oil Prices

Is the US gradually turning into a major Indian crude oil supplier?

  The pendulum of the price of crude oil continues to oscillate in a path that defies the existing mathematical/statistical models. The su...
Saturday, 10 July 2021
Oil Price: big boost for markets with the fall of US crude oil inventories
Crude Oil Prices

Oil Price: big boost for markets with the fall of US crude oil inventories

  Crude oil price began its upward movement again on Thursday, having been on decline for two  consecutive  days at the beginning of the wee...
Friday, 9 July 2021
EIA: the US crude oil production exceeds the forecast; supply worries recede
Crude Oil Prices

EIA: the US crude oil production exceeds the forecast; supply worries recede

  As the spat between the UAE and Saudi Arabia continues to dominate the news in the global oil sector, the feared supply crunch receded som...
Thursday, 8 July 2021
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      • WTI Oil Price against EIA Crude Inventories: why m...
      • Oil Price: US inventory draw lifts the market mood up
      • The withdrawl of American troops from Iraq and its...
      • Oil Price in 2021: evolving Middle Eastern politic...
      • Heightend Activities in Iranian Oil Sector: a deal...
      • Crude Oil Markets: voltality subsides with demand/...
      • Oil Supply Woes: Iraq is back under spotlight - f...
      • Oil Price: the UAE managed to elevate its baseline...
      • OPEC+ Meeting on Sunday: will the UAE get its way?
      • India and Saudi Arabia reset their relations amicably
      • EIA shows a significant drop of US crude oil inven...
      • Oil Price: API says US crude oil inventories dropp...
      • Reviving the Iran Nuclear Deal: Iranian official s...
      • What triggered off the sudden fall of oil price on...
      • Is the US gradually turning into a major Indian cr...
      • Oil Price: big boost for markets with the fall of ...
      • EIA: the US crude oil production exceeds the forec...
      • Resolving the OPEC+ Impasse: is the US interventio...
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      • OPEC+ Meeting: Saudi Energy Minister sees the need...
      • OPEC+ meeting on Monday: will the UAE get its way?
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      • Oil price: EIA reports a substantial drop in US cr...
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