Oil Prices Hiked Amid Approaching US Gulf Coast Storm
On Monday, oil climbed on forecasts of a potential hurricane that may approach the US Gulf Coast, helping prices rebound from last week’s losses. West Texas Intermediate (WTI) crude futures
On Monday, oil climbed on forecasts of a potential hurricane that may approach the US Gulf Coast, helping prices rebound from last week’s losses. West Texas Intermediate (WTI) crude futures
Key Points Seasonal Demand Surge: The natural gas market rallies in anticipation of colder weather, boosting demand for heating. Critical Technical Levels: Traders monitor the $2.20 support level, viewing it
On Thursday, crude oil gained support from OPEC+’s plans to postpone production jumps, easing to 2.20 million barrels per day (bpd) over the following months. West Texas Intermediate crude contracts
On Thursday, cocoa prices slipped, posting a three and a half week low, due to rain in West Africa, accelerating the likelihood of better crops for the region. US cocoa
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