Share: In its monthly oil market report, the Organization of the Petroleum Exporting Countries (OPEC) kept the “2024 world oil demand growth forecast unchanged at 2.25...
Share: WTI prices are up for Friday, but Crude Oil remains significantly down from recent highs. Market fears about declining demand have replaced fears of spill-over...
Share: Crude Oil is extending the week’s declines as demand for barrels swoons. US Crude stocks soared on Tuesday, and China’s data slowdown is hinting at...
Share: The WTI barrel price declined by more than 2% to $80.70. The US reported soft labor market figures. Tensions in the Middle East are easing, favouring the...
Share: WTI Crude Oil climbs more than 1.80%, rising above $82.00 per barrel, as US Dollar weakens. Investors react positively to Federal Reserve’s decision to keep...
Share: Considering advanced prints from CME Group for natural gas futures markets, open interest rose by around 2.2K contracts after two consecutive daily declines on Monday....
Share: WTI is seeing some back-and-forth for Friday. US Crude Oil barrels bounding between $85.00 and $83.00 per barrel. Oil markets remain concerned about Middle East...
Share: WTI hit $85.50 as markets react to Israel expanding ground operations in the ongoing Gaza conflict. Reported progress on cease-fire talks appear to be having...
Share: EUR/USD remains roughly unchanged in the aftermath of the ECB policy announcement. Economists at MUFG Bank analyze the pair’s outlook. EUR/USD moves will be driven...
Share: CME Group’s flash data for natural gas futures markets noted traders reduced their open interest positions by more than 15K contracts on Thursday vs. the...
Share: WTI sees a relief pullback from recent highs as investor fears over geopolitical tensions ease. Markets are likely to see limited downside as global supply...
Share: Crude Oil prices are seeing a tentative step back after tipping into a 13-day high early on Friday. WTI tested back into the $88.00 handle,...
Share: The Norges Bank was a leader in terms of policy tightening, beginning back in September 2021. Economists at CIBC Capital Bank see rates peaking at...
Share: Crude Oil prices are seeing some froth on Tuesday as energies get pulled in multiple directions. WTI barrel bids bounce between $86 and $84.50. Crude...
Share: Considering advanced prints from CME Group for natural gas futures markets, open interest increased for the fourth session in a row at the beginning of...
Share: Open interest in crude oil futures markets dropped for the third consecutive session on Monday, now by around 9.2K contracts according to preliminary readings from...
Share: WTI surged over 5%, trading at $90.87 per barrel, in response to escalating military actions between Israel and Palestine. Israel’s ground offensive in the Gaza...
Share: Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman said on Thursday, “we will continue voluntary cuts until year’s end.” Additional comments The less volatility there...
Share: Considering advanced prints from CME Group for crude oil futures markets, open interest reversed two consecutive daily pullbacks and increased by around 27.6K contracts on...
Share: “European gas surged higher amid concerns about the safety of Europe’s energy infrastructure,” analysts at Australia and New Zealand Banking Group (ANZ) said in their Australian...