Share: USD/CAD extends gains ahead of Canada’s Retail Sales release. The recovery in Crude oil prices could support the Canadian Dollar. US S&P Global PMI data...
Share: The price of Brent Crude Oil fell briefly below $80 per barrel in mid-November, its lowest level in four months. Strategists at Commerzbank analyze Oil’s...
Share: USD/CAD weakens due to the likelihood of no more rate hikes by the Fed. Downbeat Crude oil prices could limit the advances of the Canadian...
Share: USD/CAD seems biased to move downward despite the weakening in Crude oil prices. WTI prices lose ground on an unexpected delay in an upcoming OPEC+...
Share: Crude Oil is clawing back after a downside shock fueled by OPEC meeting cancelation. OPEC finance minister meeting re-scheduled for November 30th. OPEC is expected...
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should...
Share: WTI Oil is facing a firm downturn in the coming trading day. The US Dollar rallies on the publication of the Fed Minutes. Oil is...
Share: USD/CAD trades higher post losses registered in the previous session. Canada inflation (YoY) fell to 3.1% in October, down from 3.8% prior. The decline in...
Share: Crude oil prices face pressure due to a large buildup of US Crude oil stockpiles. API Weekly Crude Oil Stock increased by 9.047M barrels from...
Share: WTI prices trade in positive territory for the third consecutive day on Tuesday. Saudi Arabia is planning to prolong oil production cuts of 1 million...
Share: USD/CAD faces challenges on improved Crude oil prices. WTI improves on speculation that OPEC may decide on more production cuts. CPI Canada is anticipated to have...
Share: WTI scales higher for the second straight day and recovers further from a multi-month low. Expectations for additional supply cuts by OPEC+ turn out to...
Share: WTI crude oil recovers sharply after hitting a three-month low. Profit booking by traders also plays a role in WTI’s recovery from its recent plunge....
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should...
Share: Oil prices are likely to settle around $80/bbl, strategists at ANZ Bank report. Saudi Arabia may extend cuts as Oil market tightness eases Tightness in...
Share: WTI Oil trades will likely close the week with significant losses. The US Dollar weakens as markets price in that the Fed is done hiking. ...
Share: WTI crude oil plummets to $72.55 per barrel, as US crude inventories build more than expected. Soft US economic indicators, including rising unemployment claims and...
Share: WTI crude oil falls to $76.50 per barrel, down 2.14%, following a larger-than-expected build in US crude inventories and record production levels. Economic contraction in...
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 Oil has fallen to a four-month-low. The US Dollar is in a wait-and-see pattern ahead of US inflation numbers. Oil could enter a volatile...