WTI briefly rose to $80.00 per barrel before falling back. US Crude Oil found its highest bids since the start of the month. Risk appetite struggles...
WTI Oil price gains ground after PBoC keeps interest rates unchanged on Monday. Oil prices may struggle possibly due to the hawkish remarks from the Fed officials. Crude...
WTI testing towards $80 per barrel as energy markets step higher. Risk appetite is on the rise, bolstered by rate cut hopes. Easing US inflation data...
WTI trades inside Thursday’s trading range ahead of PBoC’s interest rate decision. The oil demand outlook has improved as US inflation softens as expected in April....
WTI prices gains traction near $78.90 on Friday. The softer US April inflation data, Fed rate cut expectations, and a drop in US crude inventories boost the black gold. The...
Oil breaks below $78.00 after both OPEC and IEA released their monthly reports. While OPEC stuck to previous expectations, sluggish demand is forecasted in the IEA release. ...
WTI price appreciates due to the potential for supply disruptions amid Canadian wildfires. The API Weekly Crude Oil Stock dropped 3.104 million barrels, below the forecasted...
WTI Oil price remains firmer due to uncertainties surrounding Oil supply amid wildfires in Canada. The WTI price may face challenges as Fed officials have suggested...
Oil trades around $78.00 after a failed attempt to snap above $80.00 on Friday. More criticism emerges globally towards Israel and its offensive into Gaza. 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...
WTI prices gain momentum to one-week highs near $79.30 on Friday. Rising demand optimism in China and the ongoing Middle East geopolitical tensions lift WTI prices. ...
USD/CAD drops sharply to 1.3700 due to multiple headwinds. A significant fall in the US Dollar and higher Oil prices weigh on the Lonnie asset. The...
WTI price edges higher to $78.95 on Thursday. US crude stocks fell 1.4 million barrels last week, according to the EIA. The hopes of a ceasefire in Gaza...
Oil nearly erases all intraday losses after EIA release. WTI Oil hangs around $78 after a dive to $76.76 earlier. The US Dollar Index ticks up with...
WTI prices remained slightly on the defensive near $78.00 on Wednesday. The easing fear of oil supply disruption caps the upside of black gold for the time...
WTI price could appreciate due to fear over supply risk amid escalated tension in the Middle East. Israel conducted a strike on Rafah in Gaza during...
WTI softened further, extended backslide to $78 per barrel. Ceasefire talks drag down Crude Oil bets. US Crude Oil production remains thorn in barrel market’s side....
USD/CAD drops to 1.3650 on multiple headwinds. Firm speculation for Fed rate cuts in September has uplifted the market mood. A sharp recovery in the Oil...
WTI price gained ground after Saudi Arabia increased the Official Selling Prices (OSPs) for Oil sold to most regions. OPEC+ producers are prepared to prolong voluntary output...
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...