Share: Natural gas price extends week-start rebound, grinds near intraday high of late. US Dollar suffers from dovish Fed bets, downbeat inflation expectations. Challenges to sentiment...
Share: WTI nosedives to $66.80, influenced by global economic deceleration and reduced oil price forecasts. Goldman Sachs revises WTI year-end forecast to $81 per barrel amid...
Share: WTI takes offers to refresh intraday low, down for the third consecutive day in a row. Fears of higher Oil supply, back of demand join...
Share: Natural gas price sees around one-week high as key technical levels challenge further upside. 200-SMA prods XNG/USD buyers amid nearly overbought RSI conditions. Multiple supports,...
Share: Considering advanced prints from CME Group for natural gas futures markets, open interest resumed the uptrend and went up by around 5.1K contracts on Monday....
Share: Natural gas price extends the previous day’s rebound from one-month low. Upbeat China data underpins hopes of recovery in demand from the world’s biggest energy...
Share: Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman, said on Sunday, “Saudi Arabia to make extra 1 mln b/d output cut from July.” Additional comments...
Share: CME Group’s flash data for crude oil futures markets noted traders increased their open interest positions by around 2.3K contracts on Wednesday. In the same...
Share: WTI crude oil remains pressured at the lowest levels in three weeks after falling the most in a month. Downside break of bullish chart pattern,...
Share: Natural Gas struggles to defend the first daily gains in three inside bullish chart formations. Key SMA, impending bull cross on MACD lure XNG/USD buyers....
Can bitcoin mining mitigate power shortages? A paper published in the Institute of Electrical and Electronics Engineers thinks it’s a possibility. The document, which was first...
Share: WTI crude oil begins the week with a gap-up, crosses short-term resistance line on market’s mildly positive mood. Bullish MACD signals favor energy buyers but...
Share: WTI crude oil closes higher, settling at US$72.67 per barrel, driven by mixed signals from OPEC+ regarding cut production. Ongoing talks between the Biden Administration...
Share: Natural gas price prints the first daily gain in three as it bounces off a 12-day-old ascending support line. Bullish MACD signals, steady RSI line...
Share: In light of advanced prints from CME Group for natural gas futures markets, open interest reversed two consecutive daily builds and shrank by around 29.2K...
Share: Natural Gas price retreats from the highest levels in five weeks, pares the biggest daily jump in seven months. Overbought RSI, 4.5-month-old horizontal area challenges...
Share: CME Group’s flash data for crude oil futures markets noted traders added nearly 9K contracts to their open interest positions on Thursday, reversing at the...
Share: WTI crude oil remains firmer inside one-week-old symmetrical triangle, eyes first weekly gain in five. Firmer RSI (14) line, not overbought, joins sustained trading beyond...
Share: WTI extended its losses to three consecutive days below $80.00 a barrel. US EIA reported that stockpiles had risen the most since June 2021. WTI...
Share: Considering advanced prints from CME Group for natural gas futures markets, open interest resumed the uptrend and increased by around 13.6K contracts on Monday. Volume...