September 6 2022 🕓 2 min
OPEC+ unexpectedly cut oil’s output
OPEC+ reversed course and lowered supply by 100 000 barrels a day for the next month. Crude attacked $90 level.
Tag: supply
July 23 2022 🕓 3 min
Soft economic activity sent crude oil down to year’s support
Possibly lower supply disruptions of crude oil and soft economic activity in the Eurozone sent black gold to test the 95$ price tag.
July 8 2022 🕓 3 min
Why is the price of Crude Oil so volatile?
High volatility in oil markets continues. The backwardation and dislocation between the financial and physical oil market bring mixed signals.
May 27 2022 🕓 2 min
Oil gained as a tight market remains
The price of crude oil went sharply up thanks to fundamentals, which points to tight market before summer.