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Crude oil looking fatigued after its breakneck run higher

But with fundamentals underpinning the rally, near-term weakness will provide an opportunity to add or establish fresh longs.

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September 7, 2023 09:53 AM
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    Saudi Arabia throw Western allies a bone with potential output increase

    Crude oil has fallen over 2.7% today on reports that Saudi Arabia may be prepared to raise oil production should Russian output substantially fall.

    Energy

    OIL MARKET WEEK AHEAD: Saudi Imports Drop to a Record Low

    During the first two weeks of June only one Saudi cargo ship reached the US

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    June 27, 2020 12:00 AM

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      Energy

      OIL MARKET WEEK AHEAD: At Long Last, A Recovery in Demand?

      The end of the lockdown is fundamentally spelling a recovery in demand that is likely to go on over the weeks ahead

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      June 20, 2020 12:07 AM

        Saudi oil output offer report lifts Brent for fourth day

        Ahead of next week’s talks in Algeria, Reuters reported this morning that Saudi Arabia is apparently willing to reduce its oil output for as long […]

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        September 23, 2016 11:07 PM

          Crude trims losses after freeze deal collapse

          Sunday’s meeting of crude producers in Doha ended without any agreement to curb oil production. The reaction of oil prices has been logical: a six […]

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