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Oil price forecast: testing highest level since april amid record drop in us inventories

Crude oil prices surged nearly 1%, hitting their highest level since April, as robust demand from the US offset demand concerns in other regions....

August 2, 2023, 1:30 am

Icymi - opec’s crude production fell by the most in three years (via a bloomberg survey)

A Bloomberg article overnight on tighter oil supply. Output from the Organization of Petroleum Exporting Countries plunged by 900,000 bpd last month t...

August 2, 2023, 12:24 am

Forexlive americas fx news wrap 1 aug:the usd moves higher. 30 yr yield highest since nov.

A look at the USD vs some of the major currencies as the new day approachesFed's Bostic: We are in a phase where there is some risk of overtighteningC...

August 1, 2023, 8:56 pm

Private oil survey data shows huge headline crude draw, much larger than expected

The inventory data from the private survey is out now, official data follows Wed. morning (US time).This is the largest weekly draw in this survey in ...

August 1, 2023, 8:38 pm

Oil prices rise more than 1% after sharp drop in us crude stocks

Oil prices rose more than 1% on Wednesday, trading near their highest since April, after industry data showed a much steeper-than-expected draw last w...

August 1, 2023, 8:33 pm

Aud/usd and commodities decline as dollar rally resumes

Traders push back RBA rate hike bets until November WTI and Brent crude implied volatility falls to low...

August 1, 2023, 7:01 pm

Sell alert: 3 energy stocks to dump asap

Although crude oil had a strong run in July and is now trading back above $80 a barrel, the price has b...

August 1, 2023, 6:15 pm

Fisher investments uk explores why oil prices don’t influence equities

Brent Oil Futures, WisdomTree Brent crude Oil 1 month, WisdomTree Brent...

August 1, 2023, 4:17 pm

Oil price forecast: opec+ supply expectation sustains key crude oil benchmarks

Buoyant crude oil prices persist as high impact US and OPEC+ risk events dominate headlines this week.....

August 1, 2023, 2:20 pm

Crude oil price forecast – will crude oil finally break out?

Crude oil markets have pulled back just a bit during the trading session on Tuesday, but it does not look like some type of major trend change....

August 1, 2023, 10:06 am

Usd/cad sticks to mild gains above 1.3200 as oil drops towards $81.00, focus on us/canada pmi

USD/CAD bulls keep the reins around 1.3230 as they prod the intraday high heading into Tuesday’s European session amid a firmer US Dollar and a retr...

August 1, 2023, 7:29 am

Chart art: wti crude oil (usoil) testing long-term range resistance

Crude oil has been on a tear lately, taking it to the top of its range visible on the daily time frame. Will it retreat from here......

August 1, 2023, 4:59 am

Oil price forecast: market optimism supportive despite risk of correction

Crude oil prices remain steady, supported by tightening global supply and strong demand in the US, near a three-month high....

August 1, 2023, 2:44 am

Wall street drifts higher overnight, rba meeting in focus: russell 2000, hang seng index, brent crude

Wall Street drifts higher overnight, as sentiments remain largely on its cautiously optimistic state ahead of more big tech earnings releases and the ...

August 1, 2023, 2:00 am

Crude oil punches higher as opec+ cuts bite and economic outlook brightens

Crude oil prices had a stellar month in July as underlying the dynamics of potentially less supply and more demand come to fruition. The structure of ...

August 1, 2023, 12:30 am

Forexlive americas fx news wrap 31 jul

HSBC: Here is why risk-reward around this week's BOE may not be encouraging for GBP bullsAugust seasonal trade trendsWTI...

July 31, 2023, 8:56 pm

Wti crude oil futures settles at $81.80

The price of WTI crude oil futures are settling at $81.80. That's up $1.22 or 1.51%Although Chinese PMI...

July 31, 2023, 6:46 pm

Wti crude oil futures trade to the highest level since april

WTI crude oil futures are trading higher by about $0.84 or 0.99% at $81.40. The high price today has re...

July 31, 2023, 4:47 pm

Analysts expect bp earnings to follow chevron's trend as oil prices move above $80

Wall Street forecasts BP earnings halving due to lower energy prices. But crude oil is rebounding....

July 31, 2023, 1:02 pm

Crude oil price forecast – crude oil market points to potential upside breakouts

Crude continues to try to break out, showing signs of pressure yet again on Monday....

July 31, 2023, 10:05 am


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