OPEC Lowers 2025 Oil Demand Forecast On Trade Tensions The cartel now anticipates a demand increase of 1.3 million barrels per day (bpd) for 2025, down 150,000 bpd from its previous projection. Similarly, the 2026 forecast has been adjusted downward to 1.28 million bpd.
The Commodities Feed: Oil Edges Higher Despite Demand Cuts Oil prices rose yesterday despite OPEC making some small downward revisions to demand growth estimates.
OPEC Slashes 2025 Global Oil Demand Growth Forecast Citing Q1 Data, U.S. Tariffs The group has revised its 2026 global oil demand growth estimates and expects the figure to hit 1.28 million barrels per day (mb/d), compared to the 1.45 mb/d projected earlier.
Crude Reality: Back On The Bear Wagon - Brent Target Cut To $60 This market isn’t pricing in panic, but it’s not showing any signs of life either.
Financial Markets Report For Friday, April 11 In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Friday, April 11.
WTI Falls Below $59.50 Due To Escalating US-China Tensions, OPEC+ Supply Boost West Texas Intermediate (WTI) crude oil price fell for a second straight session, trading around $59.30 per barrel during Asian hours on Friday.
Financial Markets Report For Thursday, April 10 In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, April 10.
WTI Declines Below $61.50 As Trade War Escalates West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.45 during the early Asian session on Thursday.
The Commodities Feed: The Tariff Pause Trump surprised markets with a 90-day pause in reciprocal tariffs for most trading partners. This provided a boost to risk assets, including commodities. However, there’s still plenty of uncertainty as the US again increased tariffs on China.
Financial Markets Report For Wednesday, April 9 In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Wednesday, April 9.
WTI Slumps Below $57.25 As Escalating US-China Trade Tensions Spark Demand Fears West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $57.25 during the early Asian session on Wednesday.
Financial Markets Report For Tuesday, April 8 In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Tuesday, April 8.
The Commodities Feed: Downside Risks Persist Risk of further escalation in trade tensions between the US and China poses increased downside risks to the commodities complex.
Light Crude Oil Is Targeting Further Declines In The Near Term Light Crude Oil (CL) has exhibited a downward trajectory since reaching its high on January 16, 2025, with indications suggesting further declines ahead.
Financial Markets Report For Monday, April 7 In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Monday, April 7.
The Commodities Feed: Tariff-Induced Sell-Off The complex has sold off heavily following the announcement of reciprocal tariffs by the Trump administration.
WTI Crude Oil Weekly Forecast: Tariffs Prove A Lynchpin Within Energy Sector WTI Crude Oil went into the weekend near the 61.950 price. At its lowest ratios on Friday the price of WTI Crude Oil traded near the 60.400 level.
Lower Oil Prices Cloud U.S. Output As OPEC Surprises With May Production Hike OPEC+ decided to raise oil production by 411,000 barrels per day in May, despite sharp sell-off in prices.
Financial Markets Report For Thursday, April 3 In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, April 3.
The Topic Was Inflation I Believe - The Energy Report For those that told you that tariffs would add to inflation, they are finding out the reality may be exactly the opposite.
WTI Trims Part Of Tariffs-Inspired Losses, Finds Some Support Near $69.00 Mark West Texas Intermediate (WTI) US Crude Oil prices extend the previous day's retracement slide from the $72.00 neighborhood, or the highest level since February 21, and attract heavy follow-through selling during the Asian session on Thursday.
Financial Markets Report For Wednesday, April 2 In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Wednesday, April 2.
Financial Markets Report For Tuesday, April 1 In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Tuesday, April 1.
WTI Climbs Above $71.00 As Trump Threatens Russia With Oil Tariffs West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $71.35 during the early Asian session on Tuesday.
