WTI trades in negative territory for the third consecutive day near $67.00 in Friday’s Asian session. The prospect of more oil output drags the WTI price...
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...
USD/CAD holds ground amid improved US Treasury yields on Monday. CME FedWatch Tool suggests a 50% chance of a 50 basis point Fed rate cut by...
The price of a barrel of Brent crude temporarily traded at just over $80, close to the perceived ‘pain threshold’ of the OPEC+ production cartel: At...
Oil prices remained at just over $80, a barrel of Brent crude was temporarily as cheap as it was last at the beginning of June, Commerzbank’s...
WTI trades in negative territory for the fourth consecutive day $78.00 on Tuesday. Oil demand concerns continue to weigh on the WTI price. Morgan Stanley expects...
The Oil price dives further amid growing concerns over China’s economic outlook. The PBoC surprisingly reduced its Loan Prime Rate by 10 bps. Kamala Harris’s nomination...
USD/CAD gains to near 1.3750 with BoC policy in focus. The Canadian Dollar weakens due to multiple headwinds. The US Dollar edges lower ahead of a...
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...
The Brent oil price initially fell to a monthly low of USD 83.5 per barrel this week as a result of the weak Chinese data. However,...
The Joint Ministerial Monitoring Committee of OPEC+ (JMMC) is expected to reiterate confirm the decisions of the OPEC+ meeting from early June at its next meeting...
Downside pressures for Crude oil continue to grow as physical demand trends continue to deteriorate. Crude prices may be on the cusp of a breakdown, TD...
WTI Oil price appreciates as the American Petroleum Institute (API) reports a decline in US Oil stockpiles. API Crude Oil stock fell by 4.4 million barrels for...
WTI price extends decline near $79.50 in Wednesday’s Asian session. Chinese demand concerns weigh on the WTI price. Rising bets on a Fed rate cut in...
Crude oil markets are also particularly vulnerable to a downtape, TD Securities senior commodity strategist Daniel Ghali notes. Trend-followers to liquidate -40% of their positions “While the...
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...
Oil prices edge higher for the third straight day on Friday. Traders see both bearish and bullish elements in the mix, which could see Oil prices...
WTI price receives support as easing inflation data has heightened expectations of a Fed rate cut in September. The US Consumer Price Index declined by 0.1%...
WTI struggles to gain any meaningful traction, though the bias seems tilted in favor of bulls. Escalating geopolitical tensions fuels supply concerns and acts as a...
Crude Oil briefly found fresh highs on Tuesday before falling back. WTI tested above $83.50 per barrel before easing back to $82.50. API reported a steeper-than-expected...