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The usdcad has a few things pushing and pulling the pair in trading today
The USDCAD is being pushed and pulled by fundamentals today. On the positive side for the Canadian dollar, oil prices are higher with the price of WTI...
July 27, 2023, 4:37 pm
Wti crude rises above $80 with eyes on saudi arabia's voluntary production cut
Oil continues to benefit from swelling economic optimism and has made a quick move from $68 to $80.Earlier today it first rose above $80 before fallin...
July 27, 2023, 3:51 pm
Crude oil price forecast – crude oil markets threaten a breakout
Crude oil markets have rallied again during the day on Thursday, as it looks like we are threatening some type breakout. The post...
July 27, 2023, 1:59 pm
Oil resumes rally as equities gain and us inventories decline
Oil advanced, tracking gains in wider equity markets, after US crude inventories declined and the Feder...
July 27, 2023, 10:46 am
Devon energy: i expect a brief buying opportunity post earnings
Devon Energy's stock price has rallied due to recent increases in crude prices, but Q2 results may disa...
July 27, 2023, 10:24 am
Portfolio manager says opec+ oil alliance could break — with crude falling to $35 a barrel
Per Lekander, managing partner at the Clean Energy Transition, discusses the outlook for OPEC and its partners and says the collapse of the energy all...
July 27, 2023, 9:40 am
Oil prices bounce back toward 3-month highs
Oil futures rose early Thursday, taking back ground lost the previous session to trade near three-month highs as investors looked for further tightnes...
July 27, 2023, 7:24 am
Oil price forecast: higher as china’s economic revival spurs optimistic outlook
WTI crude oil prices surged 1%, recovering from losses, fueled by supply tightness and optimism over Ch...
July 27, 2023, 6:07 am
Oil resumes rally as asian equities gain, us inventories decline
Oil advanced, tracking gains in wider Asian equity markets, after US crude inventories declined and the...
July 27, 2023, 4:14 am
Gold price aims higher, us gdp report next
Key Highlights Gold price is eyeing an upside break above the $1,975 resistance. A major bullish trend line is forming with support near $1,955 on the...
July 27, 2023, 3:12 am
Oil price forecast: higher as china's economic revival spurs optimistic outlook
WTI crude oil prices surged 1%, recovering from losses, fueled by supply tightness and optimism over Ch...
July 27, 2023, 2:07 am
Oil rally stalls as demand softens, gold rises post fed
EIA Report: stockpiles dropped 600K vs -2.12M eyed crude production falls to 12.2 million bpd (lower bo...
July 26, 2023, 7:29 pm
Brazil's petrobras oil output dips slightly in second quarter
Brazilian state-run oil company Petrobras said on Wednesday its second-quarter crude oil production fel...
July 26, 2023, 6:14 pm
Eia weekly us crude oil inventories -600k vs -2348k expected
Prior was -708KGasoline -786K vs -1678K expectedDistillates -245K vs -301K expectedRefinery utilization -0.9% vs +0.1% expectedProduction estimate mbp...
July 26, 2023, 2:30 pm
Crude oil price forecast – crude oil markets pulled back
Crude oil markets have pulled back from major resistance during the trading session on Wednesday, as it looks like we are running into a little bit of...
July 26, 2023, 2:10 pm
Wti crude oil technical analysis - the bulls are eyeing the key resistance
The OPEC+ production cuts and the expectations of more economic stimulus in China following the dismal inflation numbers, gave...
July 26, 2023, 8:25 am
Fomc day, look out for fed chair powell’s view on inflationary expectations
Current slowdown in inflationary growth has led to lower odds of another Fed Funds rate hike after today’s FOMC. Inflationary expectations measured ...
July 26, 2023, 8:03 am
Fomc day, look out for fed chair powell’s view on inflationary expectations
Current slowdown in inflationary growth has led to lower odds of another Fed Funds rate hike after today’s FOMC. Inflationary expectations measured ...
July 26, 2023, 6:58 am
Oil price forecast: lower as u.s. crude inventories rise, fed rate hike looms
WTI crude oil prices eased off highs on rising US crude ...
July 26, 2023, 6:44 am
Crude oil price eases after solid rally as us dollar eyes the fed ahead. higher wti?
Crude oil dipped slightly to start Wednesday as the market looks to the Fed meeting later today for hints on the direction of the US Dollar and Treasu...
July 26, 2023, 5:00 am