After OPEC reduced 1.6 million barrels of oil and increased the price of Brent oil to $80, the price is still at the channel $80. It has recorded its increase of 13 dollars for the last two days.  Despite the concerns of the reoccurrence of economic recession similar to 2008, yesterday one of the managers of...

Due to the release of positive news about China's economic situation and the cessation of Iraq's oil exports; Brent oil prices rose to around $79, but there is still a lot of resistance to higher oil prices. The risk of recession and economic crisis in the world and recession is a big factor for the...

After the news of the bankruptcy of three banks and the possibility of this situation spreading to other banks, and the anxiety that has arisen in the second consecutive week, the price of oil is fluctuating between $70 to $75, with the lowest recorded price being $71. On Monday, March 20th, fuel in Singapore experienced...

Last week, the price of Brent crude oil reached around $78. The bankruptcy of SVB bank in America, followed by news of the bankruptcy of two other banks in the US, has caused fears of a repeat of the 2008 global financial crisis. As a result, oil prices have decreased and reached around $78.  These...

The price of Brent oil has remained in the range of 80 to 90 dollars. In the past month, we have once again said that the danger of a new cold war between the United States and China has increased, and the Chinese Foreign Minister has again warned about it. On the other hand, the...

Crude oil prices remained around $82- $83, failed to break the resistance and remained in the same range. There have been no particular economic events in the market during the last week, but only in Iran due to the high inflation, the exchange rate condition of the dollar against the rial and reaching the all...

On Monday, crude oil opened around 85 dollars, and two scenarios of an increase up to 90 dollars and a decrease of 82-84 dollars have been imagined so far. Singapore's fuel condition has improved since Monday. Biden's visit to Ukraine on the eve of the one-year anniversary of the Ukraine war demonstrates the full support...

During the last week, the price of crude oil reached nearly $85 and the possibility of its increase up to the range of $90 can be seen. Although Russia announced that it is going to cut production by 500,000 BPD, this news could not have a serious positive impact on crude oil prices, and it...

The price of Brent crude oil has reached above 83 dollars after several weeks and is likely to increase further. A major earthquake hitting southeast Turkey has caused operations at Iskenderun port to shut down and docks collapsed at this port. Currently, no ships can dock at Iskenderun for unloading, and several vessels have been...

In the last days of January 2023, as stated in the Infinity Galaxy crude oil analysis on Monday, oil tried twice to cross the $88 and reach $90, but it was unsuccessful both times and it has returned to the bottom. Finally, it stopped in the range of $85-$86. It seems that the recession predicted...