On Tuesday, oil prices are declining due to pressure from concerns over escalating trade tensions. Market participants are worried about the impact of increasing friction between the US and EU on economic activity and fuel demand.
An increase of the indicator value may contribute to the rise in quotes of WTI, Brent.
A decrease of the indicator value may contribute to the rise in quotes of NG, WTI, Brent.
A decrease of the indicator value may contribute to the rise in quotes of WTI, Brent.
A decrease of the indicator value may contribute to the fall in quotes of Gasoline, WTI, Brent.
A decrease of the indicator value may contribute to the rise in quotes of WTI, Brent.
An increase of the indicator value may contribute to the fall in quotes of WTI, Brent.
Bloomberg reports that oil exports from Russia have increased over the past two weeks. Nearly half of the tankers that were previously subject to Western restrictions are now transporting Russian crude again.
Oil prices extended losses on Wednesday as growing concerns about slowing global economic growth and weaker fuel demand continued to drag the market down. According to Reuters, uncertainty over US tariff policy is putting pressure on prices.
An increase of the indicator value may contribute to the fall in quotes of WTI, Brent.
According to Kpler data, India is set to import approximately 11.2 million barrels of US crude in June, the highest monthly volume since last August.
News on oil prices is not just information for specialists. This is an important signal for every experienced trader. This section of the website will help you understand when there’s a "Strong buy" signal for oil and when it is a "Strong sell" signal.
Oil price movements are more than just charts on a screen. It is one of the key drivers of the global economy. Understanding these dynamics helps in making rational decisions and adapting to changes.
