TAG: Crude oil price analysis April 2024
Crude oil prices set to end April flat amid easing Middle East tensions
Crude oil prices are poised to conclude the month of April without much change, following a notable 13% rally (Brent crude) witnessed during the first quarter of the calendar year 2024 (Q1CY24), driven by OPEC cuts (the source of about a third of the wor...
5 months ago
Oil crawls back towards 7-week low-mark after US Fed keeps rates at 23-year high; Brent at $83/bbl
Oil edged back towards the previous day's seven-week low-mark on Thursday, May 2, paring earlier gains, after US data pointed to persistent labour market strength which further diminished hopes of early decline in US interest rates. Brent crude futures...
5 months ago