Tag Archives: EIA
Oil Prices Decline Sharply on Weak Demand Forecast
On Tuesday, the Organization of the Petroleum Exporting Countries (OPEC) announced in its monthly report that global oil demand is projected to rise by 2.03 million barrels per day (bpd) in 2024, a slight decrease from the previous month’s forecast of 2.11 million bpd. However, until last month, OPEC was still maintaining the same forecast […]
Focus on WTI OIL today – 8th AUG 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the WTI OIL for AUG 8 2024. Key Takeaways Technical Analysis Daily Chart Insights H1 Chart Insights Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing […]
Focus on WTI today – 19th April 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the WTI for 19th April 2024. Key Takeaways Technical Analysis Daily Chart Insights 4-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Focus on BRENT OIL Today – 30th November 2023
Comprehensive Brent Oil Analysis for 30th November, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BRENT OIL for 30th November 2023. Brent Oil Analysis Key Takeaways Brent Oil Technical Analysis Brent Oil Daily Chart Insights Brent Oil 1-hour Chart Analysis Ultima Markets MT4 Pivot Indicator Conclusion