Oil

2 December 2024
Oil Hikes as China Manufacturing Surges

Oil prices rise modestly on stronger-than-expected manufacturing data from China and rising tensions in the Middle East. – vtmarkets.com

29 November 2024
Oil Prices Edge Up on OPEC+ Uncertainty

Oil prices rise as Israel-Hezbollah tensions spark supply concerns, with investors awaiting OPEC+ decision on production cuts. – vtmarkets.com

27 November 2024
Oil Steadies with Ceasefire and OPEC+ Meeting

Oil prices stabilise amid Middle East developments and anticipation of the OPEC+ meeting. – vtmarkets.com

21 November 2024
Oil Edges Higher with Supply Concerns

WTI crude stabilised at $69.11, trading within a narrow range as geopolitical tensions offset bearish U.S. inventory builds. – vtmarkets.com

20 November 2024
Oil Prices Hold Steady Amid Ukraine Tensions

Oil prices remain range-bound near $69.32 as the rising U.S. inventories offset Russia-Ukraine risks and China’s increasing imports. – vtmarkets.com

12 November 2024
Oil Steady as Traders Await OPEC Report

Oil holds steady as traders await OPEC’s upcoming monthly report for guidance, following oversupply concerns and China’s underwhelming stimulus. – vtmarkets.com

8 November 2024
Oil Dips as Market Awaits Trump’s Policy Impact

Oil prices slip as traders weigh potential supply impacts from the Trump administration’s policy direction. – vtmarkets.com

5 November 2024
Oil Dips Ahead of US Election and China NPC

Oil prices dipped early Tuesday as traders awaited the U.S. election and China’s NPC developments. OPEC+ delay on production hike adds to potential volatility. – vtmarkets.com

1 November 2024
Oil Climbs on Gulf Tensions, OPEC+ Outlook

Oil prices surge on rising risks, with concerns over a potential Iran-Israel conflict and OPEC+ talks on delaying production increases. – vtmarkets.com

30 October 2024
Oil Prices Steady on Surprise Drop in US Crude

Oil steadies as a U.S. crude dip offsets easing Mideast tensions. Traders await more inventory data later today. – vtmarkets.com

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