Share: “The latest OPEC+ agreement involved comprehensive reform, but that the alliance was also working against ‘uncertainties and sentiment’ within the market,” said Saudi Arabia’s Energy...
Share: WTI crude oil grinds higher after week-start gap towards the north, prints three-day uptrend. OPEC+ extends production cut deal into 2024, Saudi Arabia pledges for...
Share: USD/CAD climbs to over a one-week high amid the emergence of fresh USD buying. Hawkish Fed expectations and a softer risk tone continue to benefit...
Share: WTI extends pullback from two-week high amid sour sentiment. Tensions surrounding unidentified objects, the hawkish Fed weigh on commodity prices. OPEC expects upbeat energy demand,...
“Oil producers may have to reconsider their output policies following a demand recovery in China, the world’s second-largest oil consumer,” International Energy Agency (IEA) Executive Director...
USD/CAD stages a modest recovery from over a two-month low touched earlier this Monday. A softer tone around crude oil prices undermines the Loonie and acts...
WTI crude oil fades bullish bias at one-week high, stays pressured at intraday low of late. OPEC defends annual oil demand forecasts but cuts quarterly projections...
Following a meeting where the OPEC and its allies (OPEC+) decided to continue its existing policy, Kuwait’s oil Minister Bader al Mulla said late Sunday that...
Oil prices are displaying sideways auctions ahead of Fed Powell’s speech. The US API has reported a drawdown in oil inventories for the third consecutive time....
WTI extends the previous day’s corrective bounce off the yearly low. Downbeat daily infections, support measures for real-estate firms favor markets in China and abroad. Rumors...
WTI picks up bids to extend the previous day’s rebound from 10-month low. G7 discusses price cap level on Russian oil, Moscow threatens gas supply cut...