Oil took it on the chin with a 5.5% in just three trading days. WTI Oil’s recovery to $80 gets cut short by positive news from Hamas....
WTI prices loses momentum near seven-week lows of $79.20 on Thursday. A surprise build in US crude stocks weighs on black gold prices. WTI prices edge...
WTI drifts lower on Monday amid concerns about slowing fuel demand. Geopolitical risks remain in play and should help limit any further losses. Traders now await...
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 WTI price depreciates on a weaker demand outlook following US GDP data released on Thursday. US Treasury Secretary Janet Yellen said that US GDP growth...
Oil briefly spikes after US weekly EIA data showed a big decline in stockpiles. WTI Oil snaps $83, but faces resistance to break back above it...
WTI edges lower to $82.45 on Thursday as the fear of wider war in the Middle East eased. Higher bets that the US Fed will delay rate cuts...
Oil jumps in the green with a double headline in favor of a Crude uptick. WTI Oil snaps above $82 after testing the pivotal level around...
WTI loses momentum to nearly one-month lows of $82.00 on Tuesday. Easing tensions between Israel and Iran limits the WTI’s downside. A large build in the US stockpile in...
USD/CAD drops further to 1.3720 as the Canadian Dollar holds strength despite weak Oil prices. This week, the US Core PCE Price Index and Q1 GDP...
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 retreats from its peak above $85 after news that Israel reportedly launched a retaliatory strike on Iran. WTI Oil prices broke above $85.00, while Brent...
WTI snaps the three-day winning streak near $85.00 on Friday. Israel retaliates as missiles strike a site in Iran, boosting the black gold price. The expectation...
WTI Oil sell-off gets nearly fully erased at the start of the US trading session. Oil prices earlier broke below the pivotal $83.34 level, heading abck to...
WTI trades in negative territory for the third consecutive day near $82.25 on Thursday. A rise in US crude inventory and a higher possibility of delay...
USD/CAD slumps to 1.3800 even though the US Dollar exhibits strength. Investors see the BoC choosing the June meeting as their earliest point for pivoting to...
Oil prices edge down to $85 as Fed Powell’s hawkish guidance cast doubts over global demand outlook. The US warns to levy fresh sanctions on Iran...
WTI kicks off the new week on a subdued note and reacts little to Iran’s attack on Israel. Worries about cooling fuel demand turn out to...
Following late Saturday’s Iranian attack on Israel, analysts at Goldman Sachs explain the impact of the Middle East escalation on Oil price. Key quotes “Our commodities...
USD/CAD jumps to 1.3735 as the Canadian Dollar weakens on dismal market sentiment. Investors turn risk-averse as trades priced out Fed rate cut hopes for June....