China has agreed to unload a portion of its oil reserves as part of a US-led plan to cut down global prices. Source: ...

US commercial crude oil inventories decreased by 4.6 million barrels in the week ending December 10, 2021, compared to the prior week. Source: ...

Oil dropped sharply as new COVID-19 strain increased concerns on the outlook for demand, sending global markets spiraling. Futures in New York plunged ...

OPEC cut its global oil demand outlook for the last quarter of 2021 as high energy prices hamper the recovery from COVID-19, slowing ...

Sometimes trading may become challenging due to wrong decisions that may need to cover immediately. It is not charming to see running trades ...