Elliott wave update of usdcad – november 30, 2022

USDCAD is up sharply so far this week, despite the fact that crude oil is also rising and the inverse c...

November 30, 2022, 7:22 am

Brent crude oil will probably drop to $77.50 a barrel, credit suisse analyst says

David Sneddon of Credit Suisse says "the overall path of oil is lower."...

November 30, 2022, 6:06 am

Oil price fundamental daily forecast – eia crude inventories data sets early tone

Today's EIA report is expected to show a 3.2 million barrel drawdown of crude oil. On Tuesday, the API ...

November 30, 2022, 5:16 am

Oil futures settle higher for 2nd straight day

Crude oil futures settled higher on Tuesday, extending gains from the previous session, amid hopes the Chinese government will consider relaxing its z...

November 29, 2022, 11:44 pm

Gold price forecast: gold bounce continues, crude oil tries to set support

Gold prices are working on their strongest month of performance since July of 2020, which was just before Gold set it’s all-time-high. Oil prices ha...

November 29, 2022, 11:14 pm

Chevron will ship the first venezuelan crude shipment under a us licence in late december

ICYMI:

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  November 29, 2022, 9:53 pm

Oil inventory survey shows larger draw than expected

Via Twitter:

Expectations I had seen centred on:Headline crude -2.8mn barrelsGasoline +1.7mnDi...

November 29, 2022, 9:35 pm

Gold price forecast: gold bounce continues, crude oil tries to set support

Gold bulls are working a trend and Oil prices have put in a strong bounce from the psychological level at 75......

November 29, 2022, 9:10 pm

Oil up as u.s. crude stocks seen falling, opec+ concerns limit gains

Oil prices rose in early Asian trade on Wednesday as U.S. crude inventories were seen falling, but conc...

November 29, 2022, 9:06 pm

3 must-own energy stocks before winter arrives

Crude oil futures recently hit an 11-month low, with this commodity suffering a peak-to-trough decline of 15.9% in the last eight trading sessions alo...

November 29, 2022, 6:19 pm

Crude oil: why you should look beyond supply / demand

The primary regulator of the rises and falls in oil’s prices is market psychology By Elliott Wave International As I write on the morning of Friday,...

November 29, 2022, 6:01 pm

Oil prices are headed to $110 a barrel in 2023, and the outlook for crude is 'very positive' despite china demand concerns and global recession fears, goldman sachs says

"Demand is probably heading south again in China given what's going on," Goldman Sachs' commodities head told CNBC....

November 29, 2022, 4:26 pm

Opec likely to stick with existing policy - report

Reuters, citing five sources, says OPEC+ is likely to stick with its existing quotas at Sunday's meeting. However two sources said the group could ...

November 29, 2022, 4:10 pm

Canada’s gdp continues to grow above trend  

The Canadian economy expanded by 2.9% quarter/quarter annualized (q/q) in Q3 2022. However, the flash estimate for October showed no change. Loosening...

November 29, 2022, 2:29 pm

The best oil stocks to buy now, according to the pros

Volatility in prices for crude has made finding the best oil stocks to buy a bit trickier as we head in...

November 29, 2022, 2:24 pm

Oil prices climb on china covid optimism

Oil prices rose sharply on Tuesday after China reported a slight dip in new COVID-19 infections and stepped-up support for the country’s property se...

November 29, 2022, 1:59 pm

Large energy stocks are still up big in 2022 despite crude oil giving up gains

Yahoo Finance Live's Brian Sozzi breaks down the stat of the day which looks at 10 largest stocks in the energy sector up 50% year-to-date....

November 29, 2022, 10:46 am

Exxonmobil (xom) to stop crude production in equatorial guinea

The move reflects ExxonMobil's (XOM) strategy to reduce crude production in West Africa and invest in m...

November 29, 2022, 9:47 am

Gold price gains on weaker usdx, higher crude oil

(Kitco News) - Gold and silver prices are higher in early U.S. trading Tuesday. Once again, precious metals are taking their daily trading cues from t...

November 29, 2022, 8:13 am

Jasper’s market squawk 29-11-2022

WTI to 11-month low on fears of China slowdown crude oil prices dropped to an 11-month low on Monday, d...

November 29, 2022, 8:10 am