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Crude oil futures rebound as purchasers defend critical support, with geopolitics and anticipated EIA inventory attracts shaping the in the vicinity of-term oil outlook.
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KPMG's Regina Mayor expects the global oil glut to carry on in 2026. She sees a structural oversupply in the global marketplace.
Carley Garner explains what's powering this week's strength in crude oil, noting that “almost every year” crude oil generally sees its personal Santa Claus rally also. She sees resistance about $61 from ...
Natural fuel and oil rates stall throughout the Xmas shutdown as geopolitical pitfalls, falling US rigs, and critical resistance amounts shape the in close proximity to-phrase outlook.
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WTI crude oil tests the 50-day normal as futures traders weigh real getting, Oil Desire alerts, and resistance concentrations inside a cautious Oil Outlook.
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Crude oil edged increased in slim holiday getaway trade, but bearish charts and oversupply forecasts hold the broader oil outlook tilted lower.