Share: Saudi Crown Prince Mohammed bin Salman said in an interview on Fox News on Wednesday that OPEC’s decision to cut oil production was based on...
Share: WTI testing into $89.00 as markets take a step back after the Fed gave their latest rate call. Fed kept rates at 5.5%, but updated...
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: USD/CAD retraces the recent losses ahead of the Fed policy decision. Upbeat Canada’s CPI data reinforces the Canadian Dollar (CAD). Higher Crude prices exert downward...
Share: The USD/CAD is trying to recover the day’s losses after getting knocked lower. The Loonie is catching support from steadily-rising oil costs. The USD/CAD is...
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: USD/CAD finds significant bids near 1.3500 as the US Dollar resumes its upside journey. The US Dollar Index prepares for a fresh upside despite the...
Share: Arm Holdings gained 24.7% on Thursday debut. ARM stock sells off Friday after initial rally. Higher Oil prices are affecting market sentiment as inflation indicators...
Share: US oil took a small hit on Friday, but is rebounding firmly to hold $90/bbl. OPEC production cuts are squeezing crude prices into the ceiling. 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...
Share: Oil (WTI) pops higher and flirts with a break of $90. The US Dollar in wait-and-see mode ahead of US CPI data. The US Energy...
Share: WTI Crude Oil prices extend the upward trajectory and climb to a fresh YTD peak on Wednesday. The technical setup favours bullish traders and supports...
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 gains momentum near $87.00, the highest since November 2022. Saudi Arabia and Russia will extend oil supply cuts to 1.3 million bpd through the...
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: NZD/USD shifts auction comfortably above 0.5900 amid improved market sentiment. There is a nominal improvement in China’s inflation data but the overall outlook is still...
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...
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: 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 Crude oil trades lower due to the reduction in the Chinese services economy. Market optimism buoyed by China’s fiscal measures has strengthened oil prices. OPEC+...