Share: WTI sees a topside jump to kick off the trading week. Middle East stability concerns are threatening oil prices, sending barrels higher. Israel ordered Chevron to...
Share: WTI nudges up to $82.85 per barrel, gaining 0.40%, as the USD experiences a pullback, ending a 12-week rally. US job growth impresses with a...
Share: WTI dips 1.30% to $92.45, retracting from a 12-month high of $94.99, as traders speculate on profit-booking and the potential economic impact of rate hikes....
Share: Economists at ANZ Bank analyze USD/JPY outlook. BoJ intervention is a more credible threat at the 150 mark and beyond While energy prices may be...
Share: WTI crude oil trades with over 0.50% losses after hitting a high of $90.34. Federal Reserve’s decision to hold rates but project higher rates for...
Share: WTI is strung up near $89.00/bbl after slipping off of recent highs. US crude barrels briefly saw $92.00 in the midweek on continuing supply concerns....
Share: GBP/JPY recovers quickly from 182.40 as soft UK inflation is insufficient to force the BoE to pause the rate-tightening streak. UK’s headline CPI expanded at...
Share: Open interest in crude oil futures markets dropped for the fifth consecutive session on Tuesday, now by around 8.7K contracts according to preliminary readings from...
Share: While speaking at the World Petroleum Congress in Canada, Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman said that they are targeting less volatility in energy markets rather...
Share: The Organization of the Petroleum Exporting Countries (OPEC) has released its monthly report, which has provided support for the upside in crude oil prices. In...
Share: WTI trades at $86.62, bolstered by Saudi Arabia and Russia’s commitment to cut production by 1.3 million barrels until year-end. Positive economic data from China...
Share: WTI rose more than 0.70% on Friday, near $88.00, but indicators on the daily chart started to flash exhaustion signals. Tighter supply acts as a...
Share: CME Group’s flash data for natural gas futures markets noted traders increased their open interest positions for the third day in a row on Thursday,...
Share: Saudi Arabia and Russia extended their crude oil production cuts, reducing supply by 1 million and 300K barrels, respectively. According to a Reuters poll, American...
Share: WTI found support at $85.32 and then settled around $85.50. Investors continue to asses the US’s August NFPs released on Friday. OPEC expected to extend...
Share: Saudi Arabia expected to extend its 1 million bpd output cut into October. Russia agrees with OPEC to cut exports next month. Positive business activity...
Share: WTI crude oil fades bounce off two-week low, sidelined of late. China’s Evergrande files for bankruptcy protection and bolsters debt woes amid economic fears about...
Share: WTI increased more than 1% on Friday and found resistance near $81.30, above the 20-day SMA. US Oil and natural rigs decreased for the sixth...
Share: Natural Gas Price picks up bids to extend late Friday’s rebound from two-week low within bullish chart pattern. Convergence of 50-EMA, falling wedge’s top line...
Share: WTI dropped 0.95% as China’s rate cut and push for increased lending reflect a slowing economy. Saudi Arabia’s July oil shipments to China see a...