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...
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...