WTI Oil: Trading Near New 2022 Low, Pressured by Demand Concerns
WTI oil price is consolidating above new 2022 low ($71.74) hit on Wednesday, following sharp […]
US Oil Sees Limited Bounce
WTI crude dips on an unexpected rise of US fuel stocks. A close below the […]
Oil Seems to Be Heading for $62
WTI crude is down to $73, while Brent is approaching $78, losing 2% since the […]
The End of the Bear-Market Rally?
Equity markets are struggling again on Wednesday, with the latest Chinese trade data highlighting the […]
WTI Oil Futures Bounce Off 11-Month Low
WTI oil futures (January delivery) have been stuck in a downtrend since mid-June when the price failed […]
US Oil Tests Resistance
Oil prices find support from a large drawdown in US inventories. Sentiment remains cautious at […]
Crude Oil Price Regains Strength, US GDP Revised Higher To 2.9%
Key Highlights Crude oil price started a fresh increase above the $78 resistance. It broke […]
Corrective Rally on Crude Oil Can Cause Resistance on USD/CAD
In this article we will talk about Crude oil and USDCAD + their relationship, from […]
WTI Falls to 11-month Low as Sentiment Sours Further
WTI oil price fell 3% and hit the lowest levels since late December 2021, in […]
The Market Stays Cautious ahead of Jerome Powell’s Speech and the NFP Report
On Friday, the Canadian dollar was the best-performing currency among the 20 global currencies we […]
WTI oil hits new 2022 low as down trend resumes
WTI oil crude oil extends recent decline and hit the lowest level for the year. […]