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...
Upside momentum firming and Commodity Trading Advisors (CTAs) in Crude Oil remain on the bid, TDS commodity strategists note. Markets look to take profits on Oil “Crude...
The Oil price remains firm near $80.00 as expectations for the Fed reduce interest rates twice this year. Investors digested voluntary production cuts announced in the...
WTI meets with some supply on Tuesday amid the emergence of some USD dip-buying. Optimism over firming fuel demand and Middle East tensions should help limit...
Oil keeps pushing higher ahead of the US trading session. Demand recovery faces substantial issues in the medium turn with the shift away from fossil fuels. ...
Crude Oil’s recovery could start to fade as upside momentum eases, TDS Senior Commodity Strategist Ryan McKay notes. Markets may halt their Brent and WTI buying...
WTI price edges lower to $77.75 on Monday. The weaker US Consumer Sentiment and Chinese economic output data weigh on the black gold. China’s Industrial Production came...
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 is rising up to a cluster of daily major moving averages in the $79.00s. These will probably present a tough level of resistance for the...
The latest Department of Energy (DOE) inventory statistics weighed on the crude Oil markets, but with that said, the energy complex has recovered from the post-OPEC+...
WTI is undermined by a surprise build in US inventories and lower demand growth forecast by IEA. The Fed’s hawkish surprise lifts the USD and weighs...