[Tree] Oil prices and Middle East geopolitical tensions

Version 0.49 (2024-10-05 04:50:11.816000)

updates: Latest updates on oil prices and geopolitical tensions

Version 0.48 (2024-10-04 06:45:35.804000)

updates: Iran's reliance on China limits oil crisis potential

Version 0.47 (2024-10-03 10:43:39.003000)

updates: Added details on Iran's missile threats and economic impacts

Version 0.46 (2024-10-03 02:36:50.249000)

updates: Added details on missile attacks and market forecasts

Version 0.45 (2024-10-03 01:45:14.932000)

updates: Updated prices and new incidents reported

Version 0.44 (2024-10-02 06:46:41.707000)

updates: Updated with specific price changes and geopolitical context

Version 0.43 (2024-10-02 03:47:10.868000)

updates: Iran-Israel conflict escalates, impacting oil prices

Version 0.42 (2024-10-01 11:51:43.177000)

updates: Updated prices and geopolitical context

Version 0.41 (2024-09-30 07:54:05.316000)

updates: Oil prices rise due to Middle East tensions

Version 0.4 (2024-09-30 01:42:45.385000)

updates: Brent crude drops 5% amid demand worries

Version 0.39 (2024-09-26 08:47:51.516000)

updates: Saudi Arabia shifts output strategy, prices decline

Version 0.38 (2024-09-21 06:36:52.158000)

updates: Updated price forecasts and geopolitical risks

Version 0.37 (2024-09-21 04:35:04.208000)

updates: Updated with IEA forecast and OPEC+ decisions

Version 0.36 (2024-09-20 11:38:01.300000)

updates: Updated prices and added context on global tensions

Version 0.35 (2024-09-20 09:42:34.020000)

updates: Updated with recent price data and geopolitical context

Version 0.34 (2024-09-20 08:41:10.325000)

updates: US rate cut boosts oil prices; Middle East tensions rise

Version 0.33 (2024-07-28 13:05:31.509000)

updates: Updates on Gold and WTI Crude Oil prices, OPEC+ meeting

Version 0.32 (2024-07-07 18:55:38.650000)

updates: Updated information on WTI Crude Oil prices and market sentiment

Version 0.31 (2024-06-26 10:57:26.160000)

updates: Crude Oil is challenging the 82-resistance level. Latest Crude Oil inventories were trending downwards. U.S Final GDP and Core PCE data are next on the calendar. The oil trend has been narrowing since May 2023, potentially forming a five-legged triangle pattern. A potential drop might hold at the border of the trend supporting this year’s initial lows, between 78.30 and 79.30, before reversing back up towards the 82-resistance level and 85-resistance level. If the price falls back below the 78 zone, a bearish track might develop towards the lower end of the triangle near the recent low of 72.90 and the December 2023 lows near the 68 zone. Key levels are watched to guide the next trend.

Version 0.3 (2024-06-26 09:55:10.460000)

updates: Crude Oil prices consolidate near resistance level as triangle pattern forms

Version 0.29 (2024-06-10 04:55:59.581000)

updates: Oil prices stabilize after weekly drop and OPEC+ supply move

Version 0.28 (2024-06-02 09:55:39.140000)

updates: Added information about WTI Crude Oil's movement after the $80.00 level was penetrated, the upcoming OPEC meeting, and the impact on market sentiment

Version 0.27 (2024-05-19 10:53:44.699000)

updates: WTI Crude Oil prices remain in a tight range

Version 0.26 (2024-04-30 04:57:04.316000)

updates: Technical analysis of WTI crude oil prices

Version 0.25 (2024-04-29 04:57:53.642000)

updates: Integration of WTI crude oil price analysis

Version 0.24 (2024-03-07 11:21:15.302000)

updates: OPEC contemplating extending quota cuts to boost crude prices

Version 0.23 (2024-01-11 07:20:35.111000)

updates: Updated information on oil prices, concerns over oil supply, and reconsideration of Fed rate cuts

Version 0.22 (2024-01-03 05:28:58.552000)

updates: Updated information on oil prices, concerns over oil supply, and reconsideration of Fed rate cuts

Version 0.21 (2024-01-03 05:19:30.706000)

updates: Oil prices edge lower on concerns about US economy

Version 0.2 (2023-12-30 15:09:33.176000)

updates: Oil prices experienced the biggest annual drop since 2020, declining 10% in 2023 due to geopolitical conflict in the Middle East and concerns about oil output levels. The decline was influenced by weak global growth, questions about OPEC's ability to commit to supply cuts, attacks on shipping vessels, and escalating geopolitical tensions in the Middle East. Analysts expect crude oil prices to fluctuate in the future.

Version 0.19 (2023-12-18 04:04:40.038000)

updates: Goldman Sachs cuts target price on 2024 Brent oil futures

Version 0.18 (2023-12-18 00:00:17.852000)

updates: Oil prices show resilience, Crude notches first weekly gain in two months

Version 0.17 (2023-12-16 16:12:49.434000)

updates: Oil market finishes lower on mixed demand signals

Version 0.16 (2023-12-15 06:43:44.271000)

updates: Brent crude rises to $77.26 on weaker dollar and positive oil demand signal

Version 0.15 (2023-12-15 02:36:27.116000)

updates: Oil prices set for first weekly gain in two months on bullish forecast and weaker dollar

Version 0.14 (2023-12-14 12:02:48.834000)

updates: Oil prices rise on US crude supply shortages and Fed rate cut hopes

Version 0.13 (2023-12-14 10:00:52.209000)

updates: Oil prices rose on December 14 due to US crude inventory withdrawal and a weaker dollar

Version 0.12 (2023-12-14 08:54:38.407000)

updates: Oil prices show resilience after recent decline

Version 0.11 (2023-12-13 10:16:55.098000)

updates: Oil prices continue to decline due to weak US inflation data

Version 0.1 (2023-12-13 03:12:52.290000)

updates: Oil prices consolidate losses in Asian trade after falling to six-month lows due to oversupply and demand concerns. The U.S. Energy Information Administration raises its supply forecast for 2023 by 300,000 barrels per day. The United Nations passes a resolution calling for an immediate ceasefire in Gaza. COP28 negotiations continue over the future of oil and other fossil fuels.

Version 0.09 (2023-12-13 01:09:30.621000)

updates: Oil prices plummet to lowest level in six months, concerns of oversupply and unexpected rise in consumer prices

Version 0.08 (2023-12-12 23:07:52.131000)

updates: Crude oil prices have dropped to their lowest level since June

Version 0.07 (2023-12-12 04:46:49.608000)

updates: Updates on WTI crude oil prices, anticipation of US CPI data and Fed's Interest Rate Decision

Version 0.06 (2023-12-11 02:52:52.953000)

updates: WTI Crude Oil prices edge higher during the Asian session

Version 0.05 (2023-12-07 08:36:06.412000)

updates: Oil prices recover slightly after significant drop

Version 0.04 (2023-12-06 17:49:57.290000)

updates: New information about US gasoline inventories and concerns about demand

Version 0.03 (2023-12-06 09:46:36.288000)

updates: Oil prices fluctuate amid OPEC+ supply uncertainties and US crude oil inventory build

Version 0.02 (2023-12-04 02:53:43.181000)

updates: New information on geopolitical tension in the Middle East and its impact on oil prices

Version 0.01 (2023-11-27 08:42:07.974000)

updates: Updated information on oil prices and OPEC+ supply uncertainties

Version 0.0 (2023-11-12 01:23:26.830000)

updates: