Oil Prices Dive: Is a Rebound on the Horizon?
Key Highlights Crude oil prices extended losses below the $76.80 support. There was a break […]
WTI Oil Price Unchanged After OPEC+ Meeting
The OPEC+ meeting over the weekend did not have a substantial impact on the price […]
Focus on EMU Side Turns to Thursday’s ECB Meeting
Markets US Treasuries closed near Friday’s best levels on slightly softer April spending figures and […]
Nifty Hits Record, Oil Weakens Post-OPEC Decision
OPEC+ announced on Sunday that it will extend supply cuts to the Q3 but will […]
Week Ahead – ECB Rate Cut Might Get Eclipsed by BoC Surprise and NFP Report
ECB set to slash rates on Thursday, focus on forward guidance But will the BoC […]
Inflation, Inflation, Inflation
In focus today Focus today turns to euro area inflation for May which is due […]
Brent Crude Oil Declines Again
The commodity market, struggling to maintain its upward momentum, frequently slips into sell-offs. On Thursday, […]
WTI Crude Oil Erases Gains Below 80.00
WTI crude oil finds resistance at 200-day SMA Stochastics and RSI head south WTI crude […]
Mood Darkens as Investors Focus on Economic Data
Market mood further darkened yesterday following another round of weak Treasury sales in the US. […]
OPEC+ Supply Cuts to Stay, But Patience Might Start Running Out
OPEC+ oil producers might extend current supply cuts on Sunday June 2 Deeper cuts could […]
WTI Oil: OPEC+ Likely to Keep Its Production Cut and Further Support the Price
WTI oil price rose further on Wednesday, extending advance into fourth straight day, following strong […]
WTI Oil: On Track for a Potential Recovery After 2-month of 12% Decline
Recent additional stimulus measures from China, a reduction in elevated net long positioning from large […]