Share: Open interest in crude oil futures markets increased by around 13.5K contracts after four consecutive daily advances on Friday according to preliminary readings from CME...
Share: WTI soared on Friday and rose toward the 200-day SMA at $76.82, tallying a fourth consecutive weekly gain. Chinese stimulus rumors bolstered Oil prices. All...
Share: WTI crude oil treads water after rising the previous day, appears well set for a four-week uptrend. Downbeat EIA inventories join China stimulus to provide...
Share: The WTI peaked at $76.11 and then settled below $76.00. Jobless Claims came in lower than expected and strengthened the USD. Markets turned cautious amid...
Share: The Canadian Dollar rises versus the Buck on the back of a bullish outlook for Crude Oil. The expectation that the BoC will have to...
Share: USD/CAD remains pressured at weekly low, reversing Friday’s bounce off 10-month low. US Dollar snaps two-day recovery, Oil price remains sluggish as market sentiment dwindles...
Share: WTI clears daily gains after peaking at a daily high of $76.83 near the 200-day SMA. EIA reported that US Crude Oil stocks decreased more...
Share: The Canadian Dollar trades in volatile ups and downs against the US Dollar after hitting a technical ceiling and a decline in Oil prices. Oil...
Share: WTI bulls are taking profits ahead of the weekend and the price retreated near $75.50. The price was rejected twice this week by the 200-day...
Share: USD/CAD has turned sideways above 1.3100 as investors await key triggers for further guidance. In June, US inflation grew at a nominal pace as a...
Share: USD/CAD has shown a recovery move from 1.3200 amid a mild rebound in the USD Index. Investors are hoping that the Fed will hike interest...
Share: The WTI price trades with losses near the $73.00 area, cutting a four-day winning streak. Weak NFPs from the US and dovish bets on the...
Share: Canadian Dollar claws back losses suffered overnight after underwhelming NFP data bursts Thursday’s optimism. CAD finds a friend in rising Crude Oil prices and after...
Share: Considering advanced prints from CME Group for crude oil futures markets, open interest reversed a multi-session downtrend and increased by around 4.3K contracts on Wednesday....
Share: The Canadian Dollar loses ground as higher interest rates in the US and expectations of more hikes favor the US Dollar. A triennial OPEC conference...
Share: WTI crude oil pares the biggest daily gains in a week amid downbeat mood. China Caixin Services PMI drops in June, fears of recession, Sino-American...
Share: The Canadian Dollar trades slightly higher supported by a rise in Oil prices on supply fears. Canadian Manufacturing PMI comes out lower than expected in...
Share: WTI crude oil is down 0.55% at $70 per barrel amid fears of a global economic slowdown impacting oil demand. Saudi Arabia and Russia’s supply...
Share: WTI failed to surpass the 20-day SMA at $70.29 and then stabilized around $69.75. US reported that GDP from Q2 was revised upwards to 2%...
Share: WTI jumped from a low of $67.10 to a daily high of $69.40. EIA Crude Oil Stock declines were significantly higher than the consensus. US...