Oil

OPEC Monthly Report Points to Tighter Oil Market, Cuts Continue – Nokturnal

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Oil (WTI, Brent Crude) Analysis OPEC’s demand forecast suggests tight oil market into year end Brent crude oil pulls back from resistance as bullish momentum subsides WTI crude oil tests trendline support on latest dip The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit … Read more

Oil group BP’s profit fell by 70 percent 2023 – Nokturnal

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The British oil company BP managed a net profit of $2.59 billion (CZK 56.3 billion) in the second quarter, which is a year-on-year drop of almost 70 percent. The company announced this in a press release today. The reason is mainly the drop in oil prices compared to last year, so other large companies in … Read more