Oil Nears Bear Market: 5 Things To Watch

Crude oil’s quiet slide from its 2016 high sharpens questions about the outlook for the commodity

Topics:  oil   
BING NEWS:
  • Why the 2023 bear market might have been just the first shoe to drop
    The stock market usually struggles when consumer confidence is far higher than consumer sentiment — like it is now. Consider the spread between the Conference Board’s Consumer Confidence Index (CCI) ...
    06/5/2024 - 8:11 am | View Link
  • Crude Oil Price Forecast: Faces Increased Selling Pressure
    WTI crude oil’s lowest close since February 26 indicates weakening, with potential bearish continuation on a drop below 76.83.
    05/23/2024 - 9:37 am | View Link
  • The Market News Today: Crude Oil Jumps on Iran-Saudi Political Uncertainty
    The incident in Iran added to market volatility, while concerns over Saudi Arabia’s leadership added another layer of uncertainty. Despite this, oil prices remained largely stable. Analysts ...
    05/20/2024 - 3:37 am | View Link
  • Rethink prompt: Why did the Iran-Israel conflict barely shake oil prices?
    Some oil forecasters expect the extraction-cost advantage of the Middle East to enhance the region’s global market-share once carbon charges come to bear on hydrocarbon producers and fossil ...
    05/12/2024 - 10:31 am | View Link
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