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Crude Oil Weekly Forecast – 26/01: Anticipated Decline (Chart)

Created on January 26, 2025, WTI Crude Oil is poised to begin trading at around $74.165 per barrel come early Monday morning. The previous week had seen the commodity priced…

Continue ReadingCrude Oil Weekly Forecast – 26/01: Anticipated Decline (Chart)

WTI Crude Oil Forecast for January 20: Seeking Value (Video)

The dynamics of the West Texas Intermediate (WTI) or Light Sweet Crude Oil market have demonstrated considerable volatility during recent trading sessions. As we delve into the price movements observed,…

Continue ReadingWTI Crude Oil Forecast for January 20: Seeking Value (Video)

India Assured in Forex Reserves to Address Rupee Decline, Anticipates Minimal Effects from US Sanctions on Russian Oil

Amid the recent depreciation of the Indian rupee against the US dollar, various insights from government sources suggest a robust strategy to stabilize the currency. With the rupee reaching a…

Continue ReadingIndia Assured in Forex Reserves to Address Rupee Decline, Anticipates Minimal Effects from US Sanctions on Russian Oil

Russian rouble weakens amid oil price drop and forex shifts, limiting sanctions’ bite

The Russian ruble experienced a slight dip in value against both the US dollar and the Chinese yuan on Monday. This movement occurred despite two factors that usually strengthen a…

Continue ReadingRussian rouble weakens amid oil price drop and forex shifts, limiting sanctions’ bite

Oil Prices Climb Amid Supply-Demand Rebalancing

The price of crude oil has been climbing steadily for the past three weeks, marking a notable shift in the energy market. This rally culminated on Wednesday with Brent crude,…

Continue ReadingOil Prices Climb Amid Supply-Demand Rebalancing

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