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Delving into the details, we found 72% of traders were bullish, while 27% showed bearish tendencies. Out of all the trades we ...
With positive momentum in trade talks and the probability of a recession waning, diesel prices were jumping, with the July contract up about 2cts at $2.165/gal about a cent below midmorning highs.
Crude oil futures started the week higher as the market weighs doubts about how much extra oil OPEC+ countries have placed on ...
Analysts at Morgan Stanley in a report for clients released earlier Monday tried to match up production from certain OPEC+ members with the unwinding of 2.2 million b/d of cuts. The aggregate ...
Saudi Arabia, Iraq, Kuwait, Kazakhstan, Oman, Algeria, Russia and the United Arab Emirates -- referred to as OPEC's Group of 8 -- announced 2.2 million b/d of voluntary cuts in November of 2023, and ...
OPEC+ is set to continue returning production for another three months, which will help drive oil prices lower, according to ...
S&P Global Manufacturing PMI is published by S&P Global, a private financial data and analytics company. It is compiled from ...
InvestingPro analysis reveals the company’s strong financial foundation, with a current ratio of 2.07 indicating ample liquidity to meet short-term obligations. Additionally, Morgan Stanley has ...
Sensex Target For 1 Year: Global brokerage Morgan Stanley has revised its Sensex target upward to ... no US recession despite slow growth, and stable oil prices. It also expects easing interest rates, ...
Last week Morgan Stanley joined other major investment banks in slashing oil price forecasts amid expectations of a larger market surplus later this year as OPEC+ plans to raise output much more ...
Top analysts from companies like Citi, JPMorgan, and Morgan Stanley slashed their oil forecast. Technical analysis points to more downside in the coming weeks Brent crude oil price remained under ...