Canadian Dollar holds steady on Friday supported by rebounding Crude Oil

[ad_1] Share: The Canadian Dollar has seen little but downside this week. A pivot to market Fed expectations is sending investors into the US Dollar. Crude Oil bids try to recover, limiting Loonie losses for Friday. The Canadian Dollar (CAD) is in the red overall for the week, seeing only a minor gain

Oil – private survey of inventory shows large headline crude build

[ad_1] This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US. Via Twitter: I had seen a different number elsewhere for the distillates. — Expectations I had seen centred on: Headline crude -0.3mn barrels Distillates -1.5 mn bbls Gasoline -0.8 mn — This data point

Brent Crude Oil Starts the Week on the Back Foot as ‘War Premium’ Subsides

[ad_1] Oil (Brent Crude) News and Analysis The weekend premium was deflated on Monday as markets look to the Fed Oil heads lower after respecting resistance at $89 a barrel EU data underscores growth slowdown in major economies The analysis in this article makes use of chart patterns and key support and resistance levels. For

Crude Oil Steadies as Markets Assess Middle East Risks Ahead of the Fed

[ad_1] Crude Oil, WTI, Brent, US Dollar, Gold, FOMC – Talking Points Crude oil might be in for some sideways price action as the Middle East conflict unfolds Haven assets remain desirable amongst the noise and volatility as gold surges The markets appear poised with range trading across many markets Recommended by Daniel McCarthy Get

WTI Crude Oil grinding it out just below $85

[ad_1] Share: WTI is seeing some back-and-forth for Friday. US Crude Oil barrels bounding between $85.00 and $83.00 per barrel. Oil markets remain concerned about Middle East tensions, but global slowdown hard to ignore. West Texas Intermediary (WT) Crude Oil barrels are seeing some tension in the midrange on Friday, in play between

WTI crude oil futures settle at $85.54

[ad_1] The WTI crude oil settles above the August high of $84.85 The price of WTI crude futures is settling at $85.54, up $2.33 or 2.80%. That is above the August high of $84.85 tilting a bias more to the upside. Looking at the daily chart, the low prices this week stalled the fall near

Crude Oil Correction in Play; Natural Gas’ Rebound May Not be Over

[ad_1] CRUDE OIL, WTI, NATURAL GAS, NG – Outlook The downward correction in crude oil could still be in play. Natural gas is approaching major support area. What is the outlook for crude oil and natural gas and what are the key levels to watch? If you’re puzzled by trading losses, why not take a

Brent Crude Oil Set for Second Weekly Advance as Tensions Ramp Up

[ad_1] Brent Crude Oil News and Analysis Fighting continues on multiple fronts as diplomatic efforts do little to calm tensions Brent crude oil edges higher ahead of the weekend IG client sentiment hints at continued bullish momentum as traders pile into shorts The analysis in this article makes use of chart patterns and key support