Crude oil prices steadied yesterday after a sharp fall over the past few sessions as the US prepares to impose tariffs on imports from Canada, Mexico...
WTI price spikes to near $70.65 in Wednesday’s Asian session. Middle East geopolitical risks underpin the WTI. Crude Oil Inventory dropped, falling short of expectations. West...
WTI price may appreciate amid rising supply fears following recent Israel’s attacks on Iranian-backed militant groups. The escalation of attacks in the Middle East is increasing...
OPEC published its long-term outlook for the oil market up to 2050 this week, Commerzbank’s commodity analyst Carsten Fritsch notes. Demand forecast is likely to prove...
Crude Oil ticks up off this week’s low and refrains from testing more downside for now. Markets are looking for direction after the news that Saudi...
As reported by the Financial Times, citing sources with knowledge of the matter, Saudi Arabia intends to abandon its unofficial price target of $100 per barrel...
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...
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...