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What is ahead in the european and north american session
2:00amEURGerman Final CPI m/m: Forecast 0.3% vs Previous 0.3%2:45amEURFrench Trade Balance: Forecast -8.0B vs Previous -8.4B6:00amUSDNFIB Small Busine...
August 8, 2023, 3:50 am
Palladium overdue for a large rebound: buy pall
Palladium and the abrdn Physical Palladium Shares ETF are oversold, presenting a contrarian investment opportunity, as above-ground ...
August 7, 2023, 11:25 pm
Is it time to load up on uco?
Crude oil prices have turned higher and could potentially reach triple digits, with a technical breakout indicating higher prices. The US Strategic Pe...
August 7, 2023, 4:25 pm
Oil prices will move higher in second half: beveridge
“Oil inventories will continue to draw and prices are going to move higher, certainly in the second h...
August 6, 2023, 11:20 pm
'big short' investor michael burry rang the alarm on bloated inventories last year. maersk's shipping slump suggests he was right to worry.
Michael Burry warned surplus inventory leads to price cuts, slimmer profits, and pressure on stocks. Maersk just reported a shipping slowdown as custo...
August 4, 2023, 9:25 am
Us factory orders for june 2.3% versus 2.2% expected
Prior month 0.3%Factory orders 2.3% versus 2.2% expected. Best since June 2021Ex transportation 0.2% versus -0.4%Orders are up 6 of the last 7 monthsS...
August 3, 2023, 2:00 pm
Us july ism services 52.7 vs 53.0 expected
Prior was 53.9Details:employment index 50.7 versus 53.1 priornew orders index 55.0 versus 55.5 priorprices paid index 56.8 versus 54.1 prior new expor...
August 3, 2023, 2:00 pm
Oil prices edge lower, extending drop after fitch downgrade rattles markets
Oil futures were slightly lower early Thursday, extending a decline after a downgrade of the U.S. credit rating dented sentiment across markets, offse...
August 3, 2023, 6:52 am
Commodity capsule: brent crude oil steadies; gold shrinks; copper under pressure bullion silver us dollar indian rupee
Recovery in the dollar largely offset optimism over data showing a substantial drop in US oil inventories ...
August 3, 2023, 6:14 am
Largest ever crude oil inventory draw an anomaly, oil price fell
Oil inventory surveys this week indicated enormous drawdowns:Oil hammered despite record US weekly draw. Eyes on Saudi ArabiaPrivate oil survey data s...
August 2, 2023, 10:17 pm
Head of a large us shale firm forecasts oil as high as us$100 this year
Scott Sheffield is the chief executive officer of large shale firm Pioneer Natural Resources. He is forecasting crude between $80 - $100 for the balan...
August 2, 2023, 9:25 pm
Forexlive americas fx news wrap: hot adp data lifts the us dollar further
ADP US July employment +324K vs +189K expectedEIA weekly US oil inventories -17049K vs -1367K expectedU...
August 2, 2023, 8:25 pm
Wti crude all future settle at $79.49
The price of WTI crude futures are settling at $79.49 a barrel. That's down $1.88 or 2.31%. The low price today came in around $79.05. The high price ...
August 2, 2023, 6:42 pm
Eia weekly us oil inventories -17049k vs -1367k expected
Prior -600KGasoline +1480K vs -1300K expectedDistillates -796K vs +112K expectedRefinery utilization -0.7% vs 0% expectedProduction estimate 12.2 mbpd...
August 2, 2023, 2:30 pm
What just happened with crude?
Energy markets got something of a double jolt yesterday, with API inventories showing the largest drawd...
August 2, 2023, 12:05 pm
Crude inventories decline by 17 million barrels
Oil markets are moving lower as traders take some profits off the table after the recent rally....
August 2, 2023, 10:49 am
Oil prices rise after industry data shows big drop in u.s. crude inventories
Oil futures rose Tuesday, lifted after industry data showed a huge drop in U.S. crude inventories last ...
August 2, 2023, 6:49 am
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
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
Goldman sachs has revised its global oil demand forecast, but left price target unchanged
Goldman revised its global oil demand forecast for the year higher based on a less pessimistic growth outlookmaintained its 12-month Brent price proje...
August 1, 2023, 12:20 am