Oil markets under pressure on many fronts!

The energy markets are facing a challenging period, marked by rising US crude inventories that underscore a weakening demand environment and abundant supply. This situation is compounded by several geopolitical and economic developments creating significant uncertainty. Geopolitical Tensions Escalat…

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Japan's economic woes and US credit downgrade by Moody's weigh on stagnating oil prices

The news about serious economic woes faced by Japan could not have come at a worse time for the crude oil markets, which are struggling to come out of the stagnant phase. Prime Minister Shigeru Ishiba delivered a blunt assessment of Japan's economic condition, stating its financial situation is …

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Evolving Geopolitical Landscape Pushes Oil and Gas Prices Up

As the military standoff between India and Pakistan subsided, thanks to President Trump's intervention, the oil markets suddenly found some optimism, at least, for a brighter near-future. The prices of oil and gas are exhibiting a gradual upward trend, coinciding with a discernible easing of geo…

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Will the oil market crash on Monday following OPEC+'s surprising announcement?

In an unexpected move on Saturday, the core members of OPEC+ declared plans to increase oil production by 411,000 barrels per day starting in June. The decision was made despite a recent downward trend in oil prices.  This increase builds upon the existing gradual rise of 138,000 bpd that began in …

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OPEC+ Showdown: High Stakes in the Market Share vs. Stability Battle

A curious paradox unfolded in the oil market this week: despite growing anxieties over a looming military conflict between the two nuclear-armed South Asian neighbors, crude oil prices experienced a significant decline; the prices of both WTI and Brent have been at their the lowest since 2021, just…

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