Delay is No Good Sign
OPEC decided to delay this weekend’s meeting to next week because talks between Saudi and […]
WTI Oil Price Tumbles on OPEC News
WTI oil price was sharply down on Wednesday (4.1% until early US session), deflated by […]
WTI Oil Technical: Recent Plunge Seems to Have Found a Floor ahead of OPEC+
The 7-week decline of -23% in WTI crude oil has started to stabilize in the […]
Oil (CL) Short Term Impulsive Structure Suggests Further Upside
Oil (CL) ended cycle from 9.28.2023 high as a 5 waves impulse. Down from 9.28.2023 […]
BoE Continues to Push Back Against Market Expectations
The Bank of England used its monetary policy report hearing to once more push back […]
Oil Gains on OPEC Speculation
The previous week marked a significant shift in market sentiment regarding Federal Reserve (Fed) rate […]
Markets Daily
Short-term bond yields rose Friday amid Fed comments disagreeing with markets pricing rate cuts. Equities […]
Weekly Focus – Inflation Pressures Easing But Too Early to Declare Victory
The big market mover this week was US CPI for October, which surprised to the […]
WTI Oil: Consolidation After 5.3% Fall on Thursday Likely to Precede Fresh Push Lower
WTI oil is holding within a narrow consolidation in early Friday after falling 5.3% previous […]
Oil: Race to the Bottom
This week could hardly be better in terms of economic, political, and geopolitical news. The […]
Oil Trading Heavy
Market movers today In Sweden, the October LFS labour market report will give some clues […]
WTI crude oil nosedives to four-month low, more downside ahead
WTI crude oil experienced a significant tumble this week, dropping around -5% yesterday and reaching […]