Brent/NZD

The development process of 40 years of crude oil history is full of political cycles, debates over new and old energy sources, and fluctuations in international relations. This seems to be a recurring story, not a new topic. The bipartisan system in the United States has experienced continuous fluctuations in energy and geopolitics, which has had a cyclical ...

After a week of consolidation, oil prices are on the rise again on Wednesday ahead of the release of inventory data from EIA. The API release yesterday may have surprised some, recording an increase of 1.586 million barrels, a lot more than the 0.7 million decline that’s expected today. But it won’t alter the view that the market is extremely tight ...