TAG: arslanenergy
Natural Gas and Oil Forecast: Middle East Risks Elevate Bullish Oil Trends
Market OverviewOil prices experienced a surge, driven by promising demand indicators from China and the U.S., alongside escalating Middle East tensions impacting supply concerns. Improved manufacturing activity in China and the U.S. hints at a robust dema...
6 months ago
Natural Gas and Oil Forecast: Oil to Exhibit Buying Opportunity Today
Market OverviewOil prices fell over $1 per barrel as tensions in the Middle East subsided, with Brent dropping below $90. This decrease followed Israel’s partial troop withdrawal from Gaza and its engagement in ceasefire discussions, tempering fears of su...
6 months ago
Natural Gas and Oil Forecast: Brent at $90.50, WTI $86.50; Upside Next?
Market OverviewOil prices increased due to fading hopes for a ceasefire between Israel and Hamas, raising tensions in the Middle East. Brent crude futures climbed above $90.50, while West Texas Intermediate (WTI) crude reached above $86.50.The geopolitica...
6 months ago
Natural Gas and Oil Forecast: Oil Corrects; Is Now the Time to Buy?
Market OverviewOil prices remained stable on Wednesday, balancing the impact of ongoing tensions in Gaza against a larger-than-expected rise in U.S. crude stocks. The uncertainty in Middle East, particularly the Gaza ceasefire talks, threatens the stabili...
6 months ago
Natural Gas and Oil Forecast: Middle East Tensions Spike, Iran in Focus
Market OverviewOil prices climbed, reflecting market concerns about the escalating Middle East crisis, potentially involving Iran, a major OPEC oil producer. The tensions, fueled by recent events in Gaza, have heightened fears of supply disruptions.Geopol...
6 months ago
Natural Gas and Oil Forecast: Middle East Tensions Underpin Energy Sector
Market OverviewOil prices increased on Friday due to rising tensions in the Middle East, potentially disrupting supply from the oil-rich region. Despite this uptick, oil is poised for a weekly decline influenced by the reduced likelihood of U.S. interest...
6 months ago
Natural Gas and Oil Forecast: Brent Holds Near $90, NG Eyes $2
Market OverviewFollowing Iran’s attack on Israel, which resulted in limited damage, oil prices dropped slightly with Brent futures falling near $90 and WTI to $85. This decrease reflects a reduction in the risk premium that had increased in anticipation o...
6 months ago
Natural Gas and Oil Forecast: China’s GDP & Mideast Tensions to Drive Buying?
Market OverviewOil prices saw an increase on Tuesday, driven by China’s GDP growth of 5.3% in the first quarter, surpassing expectations. This economic upswing in the world’s largest oil importer suggests a positive outlook for oil demand.Concurrently, te...
6 months ago
Natural Gas and Oil Forecast: Upward Trendline to Drive Buying in Energy Sector?
Market OverviewOil prices declined in early trading on Wednesday, influenced by concerns over global demand triggered by economic stagnation in China and a potential increase in U.S. commercial oil stockpiles. Despite geopolitical tensions in the Middle E...
5 months ago
Natural Gas and Oil Forecast: Oil Dips Over 3% as Middle East Tensions Ease
Market OverviewOil prices have stabilized following a 3% decline, with Brent crude at $87.59 per barrel and West Texas Intermediate (WTI) at $82.32, as fears of a broader Middle East conflict lessen. The market is adjusting to lower than expected fuel dem...
5 months ago
Natural Gas and Oil Forecast: Middle East Tensions Spike Prices, What’s Next?
Market OverviewOil prices surged by $3 per barrel on Friday following reports of Israeli missile strikes on Iran, raising alarms over potential disruptions in Middle East oil supply.This development has escalated geopolitical tensions, with fears of furth...
5 months ago
Natural Gas and Oil Forecast: U.S. Inventory Surge Pressures Prices; Sell Now
Market OverviewOil prices fell on Monday as the potential for escalated conflict between Israel and Iran diminished, leading to a reduction in the geopolitical risk premium that had briefly driven prices higher. Analysts noted that Iran’s muted response t...
5 months ago
Natural Gas and Oil Forecast: Ascending Trendline Support Oil; Buy Now?
Market OverviewOil prices rebounded in Asian trading on Tuesday, finding support from the prospect of tightening supplies over the coming months, despite easing concerns of an Iran-Israel war which had previously escalated oil prices to near six-month hig...
5 months ago
Natural Gas and Oil Forecast: US Stock Decline Spurs Price Surge; Buy Today?
Market OverviewWednesday’s oil prices edged higher after unexpected U.S. crude stock reductions suggested strong demand, juxtaposed with ongoing Middle East tensions. Contrary to forecasts of an 800,000 barrel increase, API data revealed a decrease of ove...
5 months ago