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The bulls and bears are deadlocked, and oil prices are hovering in the range of 75-90 US dollars.
The trend of significant volatility in oil prices at the beginning of August has quickly reversed and is currently hovering in the range of $75-90.
Canadian Stock Movers for Friday | Denison Mines Corp Was the Top Gainer; Other Energy Sources Led Gains
Oil prices fall + production cuts, Saudi Arabia's June oil exports drop to a three-year low.
Due to falling oil prices and production cuts, Saudi Arabia's petroleum export revenue has fallen to its lowest level in three years.
Canadian Stock Movers for Thursday | Badger Infrastructure Solutions Ltd Was the Top Gainer; Personal Services Led Gains
US Total Crude Oil Stocks Decline in Week Ended Aug. 16
Oil Bottoms Out After UK Navy Reports New Attacks in Red Sea