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...
WTI edges higher to $83.60 on Tuesday. The hope for a strong summer driving demand and oil supply concerns lift the black gold. A higher-for-longer rate...
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 falls back below $81.00 as bullish momentum gets snipped. US Crude Oil initially rallied on Friday, but quickly tumbled into familiar levels. The EIA noted...
USD/CAD extends its winning streak due to higher yields on US Treasury bonds. US Core PCE inflation, the Fed’s preferred inflation gauge, is forecasted to decrease...
WTI price loses ground as a surprise build on US crude stockpiles raised concerns about weakening demand. US EIA Crude Oil Stocks Change increased by 3.591...
Oil markets are now succumbing to a reversal of systematic flows, TD Securities analysts suggest. Upside for Oil prices is likely capped “With Commodity Trading Advisor...
Oil prices fade on profit taking after Monday’s rally. Traders see pressure building with Pemex limiting refining activities again and geopolitical tensions spiraling. The US Dollar...
WTI hovers around $82.00 amid the softer US dollar on Tuesday. The renewed hopes of a summertime upswing in fuel demand and geopolitical risks support the WTI...
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 tumbled back below $81.00 on Friday, tested $81.50. The EIA reported a surprise buildup in natural gas reserves, clipping drawdown hopes. US Crude Oil productivity...
Crude Oil continues to prove resilient, with inventory draws offering modest support to the complex, TDS strategists say. Crude Oil stays strong amid CTA buying “We...
Oil prices are set for a second consecutive week of gains despite facing a bit of profit-taking on Friday. Traders see a rosy outlook for US...
Oil holds above $80 on Thursday, setting forth another profitable weekly performance. Traders keep prices supported as tensions in the Middle East intensify. The US Dollar...