Crude Oil
-
China Vows to Ramp-Up Stimulus, Crude Oil Price Jumps
January WTI crude oil (CLF25) today is up +1.56 (+2.32%), and January RBOB gasoline (RBF25) is up +0.0508 (+2.66%). Crude…
Read More » -
USD/CAD fails again at 1.4180, higher Oil prices are supporting the loonie
The US Dollar is rejected at 1.4180 and the CAD picks up with Oil prices bouncing up. Chinese authorities have pledged more…
Read More » -
Geopolitical risks in the MidEast are the highest since the Gulf War – TDS
China is more relevant to crude oil prices than the fall of Bashar Al-Assad’s regime, TDS’ Senior Commodity Strategist Daniel Ghali notes.…
Read More » -
Crude Oil slides more than 1% on Friday
Oil prices dives lower on Friday, over 1% on the day, for a third consecutive day. The OPEC+ decision, which was…
Read More » -
Oil Weaker as OPEC+ Plans to Delay Oil Output Hike Until April 2025
According to Reuters sources, the OPEC+ cartel is set to gradually phase out production cuts starting after the first quarter…
Read More » -
Oil Above $75 as WSJ Sources Say That Saud Arabia Plans to Extend Production Cuts
Brent Crude (OIL) gains more than 0.5% today, rising above $74 per barrel, as The Wall Street Journal sources said…
Read More » -
Crude Oil steady after API came in as surprise build ahead of OPEC+ and EIA
Oil price turns flat after having peaked above $70.00 briefly with US stockpiles building. Tensions brew in the Middle East…
Read More » -
Crude Oil flat with US stockpile and OPEC+ decision hanging in the balance
Oil price turns flat on the day with nervousness picking up towards OPEC+ outcome. The Middle-East region could get dragged…
Read More » -
Oil Gains 1% as Markets Await OPEC+
Oil (OIL) is gaining more than 1% today, as markets await the OPEC+ decision on Thursday. It is likely that…
Read More » -
Lets Talk Commodities
Oil: November’s PMI indices from China and US ISM Manufacturing came in stronger than expected, suggesting limited potential for demand…
Read More »
