11 Articles
11 Articles
Oil Prices Steady as OPEC+ Sub-Group Shifts Meeting
By Adedapo Adesanya Oil prices were relatively flat on Monday with news that a sub-group of eight countries in the Organisation of Petroleum Exporting Countries and its allies (OPEC+), who had pledged extra voluntary oil output cuts, will now meet on May 31, a day earlier than previously planned. Brent crude futures shed 4 cents […]
Where Are the Support and Resistance Points for Brent Oil?
A barrel of Brent oil, which was traded at $64.50 on Friday, May 23, 2025, started today at $64.46 on May 26, 2025. It is stated that technically, $67.10 can be monitored as resistance and $60.13 as support for Brent oil.
Oil Prices Rise - Jordan News | Latest News from Jordan, MENA
Oil prices rose at the start of Asian trading on Monday, following U.S. President Donald Trump’s decision to extend the deadline for trade negotiations with the European Union. The move helped ease fears of potential U.S. tariffs that could negatively impact the global economy and reduce fuel demand.
WTI Oil consolidates above $61.30 on easing global trade fears and geopolitical tensions
Oil prices are standing comfortably above $61.30, supported by US President Trump’s decision to put tariffs on Eurozone imports on hold until July 9th and escalating tensions in Gaza, but oversupply worries are limiting gains.Trump backed off on Friday’s threat to impose 50% levies on EU imports fro
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