The geopolitical tensions in and around the European countries eventually led to the southward movement of Crude Oil Price Trend during the initial phase of the fourth quarter of 2023. The trend in the prices was a steep fall from approximately 90 USD/Barrel (FOB) to 82 USD/Barrel in a sin...
The forward spot DES price of imported OMAN crude oil in Shandong market on February 13, 2025 International Trends Closing of major international exchange rates (February 12, 2025) Special Report [Crude Oil]: The United States continues its sanctions policy, and the future trend of Iran's crude...
Futures on Crude oil price trend continue to be downward during the session on Thursday. The fear of a global oversupply of the raw material, the strong USD and concerns about the state of China’s economic system has led to a drop in oil prices and last trading session. The global overs...
Crude Oil Drops as US, Russia, and Ukraine Move Closer to Peace Deal Wavetraders - Wed Feb 26, 8:49AM CST If you are a member or a regular attendee of our Monday webinars, then you know that I have been highlighting the bearish trend in crude oil since mid-January. The main reas...
Crude futures fell back today amid concerns over slower economic growth, but some energy stocks bucked the trend to close higher. XLE:85.70(-1.46%) MPC:135.12(-5.26%) CLJ25:66.73(+0.63%) ENB:42.49(+2.26%) ET:18.20(-1.46%) Nat-Gas Prices Supported by Colder US Weather ForecastsBarchart...
The price of USOIL has been moving within the rising trend, almost having hit the $79-80 price area. Despite the strong reaction at the peak, the market may still be in control of buyers and need to retest the $77-78 zone again after retesting the dynamic support area at around $73...
Important Takeaways for Gold and WTI Crude Oil Prices Analysis Today Gold price started a steady increase from the $2,630 zone against the US Dollar. It cleared a key bearish trend line with resistance at $2,670 on the hourly chart of gold at FXOpen. ...
Crude oil price forecastjump and dipquadratic sine-curve trend modelOil price uncertainties significantly impact investment decisions and economic conditions. Hence, to better assist business operations and government policymaking, it is critical to devise methods for accurately forecasting future oil prices...
PRICE cuttingFEEDSTOCKSOLVENTSNAPHTHA -- Sales & pricesThe article reports that crude oil players anticipate that prices will continue to drop on lower feedstocks. Topics covered include the downward trend in upstream prices, the rates in major solvent feedstock markets, and the similar trend of ...
Therefore, in this study, the effect of clustering and the DSD strategy is examined to improve crude oil price forecasting, since having a more robust crude oil price prediction model can diminish future losses in many areas, such as future planning. Moreover, the K-means-DSD-LSTM model is...