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Usd/cad analysis: hangs near multi-week low as traders look to boc for fresh impetus
USD/CAD rebounds from a multi-week low touched on Wednesday, albeit lacks follow-through. Sliding crude ...
June 7, 2023, 7:14 am
Trade data from china shows january - may crude oil imports are +6.2% y/y
The headline data is here:China May trade data, USD terms exports and imports both fell y/y.Yuan has lost ground:Offshore yuan trades lower after disa...
June 7, 2023, 3:27 am
Crude oil price skittled as market swallows opec+ cuts. is wti rangebound?
Crude oil prices retreated to the middle of the range on Wednesday after catapulting higher earlier in the week on OPEC+ productions as inventory data...
June 7, 2023, 12:30 am
Oil slips after saudi-driven rally while equities edge higher
Oil prices slid Tuesday as dealers mulled the weak demand outlook after having rallied the previous day on output cuts from key...
June 6, 2023, 9:29 pm
Private oil survey data shows headline crude oil draw vs. build expected
The inventory data from the private survey is out now, official data follows Wed. morning (US time).Via Twitter:Expectations I had seen centred on: He...
June 6, 2023, 8:33 pm
Forexlive americas fx news wrap: sec launches suit against coinbase
SEC sues Coinbase for operating as an unregistered brokerSEC's Gensler: Tokens are speculative investment vehiclesWorld Bank raises global growth fore...
June 6, 2023, 8:03 pm
Opec+ output cuts could pump up e&p and ioc stock prices
OPEC+ announced on Sunday planned production reductions from some of its member states, most notably Saudi Arabia agreeing to make a one million barre...
June 6, 2023, 3:40 pm
Us 2023 oil output to rise more than previously expected, eia says
U.S crude oil production this year will rise faster and demand increases will cool compared to prior ex...
June 6, 2023, 1:36 pm
Does vaca muerta hold the key to argentina's crude boom?
Argentina's Vaca Muerta oil field is set to achieve an impressive 1 million barrels per day production by 2030, as projected by Rystad Energy....
June 6, 2023, 11:44 am
Sco etf: assessing the shorting opportunity after opec+
Saudi Arabia's voluntary production cut of one million bpd at the recent OPEC+ meeting can basically be viewed as attempting to create a floor for
June 6, 2023, 11:07 am
Enbridge (enb) reduces mainline rates, sparks price war
Enbridge's (ENB) move to slash rates charged to producers for shipping crude fosters a price war on pip...
June 6, 2023, 10:59 am
$3500 per headset
Crude oil fully pared post-OPEC gains yesterday, as Saudi’s lonely production cuts and the quota transfer from African countries to UAE raised quest...
June 6, 2023, 6:46 am
Canadian dollar to look past saudi arabia oil cuts as wti fills a 4% gap within a day
The Canadian Dollar brushed aside crude oil production cuts from Saudi Arabia as OPEC+ members struggle...
June 5, 2023, 11:00 pm
Forexlive americas fx news wrap 5 jun: usd mixed. apple trades to a new all time high.
Major US stock indices closing lower on the dayUnity Software shares soar as Apple announces partnership to bring apps to Vision ProWTI...
June 5, 2023, 9:08 pm
Wti crude oil futures settles at $72.15
The price of WTI crude futures are selling at $72.15. That is up $0.41 or 0.57%. The high price reached...
June 5, 2023, 6:40 pm
Crude oil price update: saudi’s insist on production cuts at extended opec meeting
OPEC’s meeting on Sunday was met with resistance by the Saudi’s, lobbying for more production cuts to resuscitate oil prices. Saudi Arabia to remo...
June 5, 2023, 4:00 pm
Crude oil price forecast – crude oil markets gap higher
Crude oil markets gapped higher to kick off the week after OPEC extends production cuts, and doubles down on trying to push prices higher. The post
June 5, 2023, 2:40 pm
Oil climbs on saudi cut as us stocks edge higher: markets wrap
A rally in energy stocks lifted the S&P 500 for third straight gain, with the index briefly rising 20% above its October closing low....
June 5, 2023, 2:33 pm
Us crude oil exports to gain tail winds from saudi july output cut
U.S. crude oil exports, already running close to a record level hit in March, should get a further boos...
June 5, 2023, 2:14 pm
Crude rally fizzles after opec production cuts
CNBC's Brian Sullivan joins 'The Exchange' to discuss Saudi Arabia announcing increased its voluntary production cuts, the impact OPEC's production ch...
June 5, 2023, 2:14 pm