Crude Oil Reverses Recent Losses as Markets Recalibrate after Israeli Invasion

Crude Oil, WTI, Brent, US Dollar, Israel, USD, Gold – Talking Points Oil prices have leapt higher as markets re-appraise the Middle East The US Dollar resumed strengthening as perceived havens gain favour If geo-political conditions remain unstable, is that supportive of WTI? Recommended by Daniel McCarthy How to Trade Oil Crude oil prices jumped

WTI crude futures settle at $82.79

The price of WTI crude futures are settling at $82.79. That’s up $0.48 or 0.58%. Since then the price has rallied up to $82.98. For the week, the price is still down sharply by -8.57% currently that is the sharpest fall since March 13, 2023 week This article was written by Greg Michalowski at www.forexlive.com.

USD/CAD trades higher near 1.3710 on market caution, downbeat Crude prices

Share: USD/CAD strengthens due to the Fed’s hawkish tone on interest rates trajectory. Stronger US jobs data bolster the US yields; contributing support for the US Dollar. Downbeat Crude oil prices put pressure on the Canadian Dollar. USD/CAD traces the upward path on the fourth successive day, trading higher near 1.3710 during the

Brent Crude, WTI Take a Breather as USD Surges

Oil (Brent Crude, WTI) Analysis Strong yields, USD and Fed speak send oil prices lower Support eyed ahead of storage data as bulls weigh up possible continuation plays Risk events: OPEC, API and EIA storage data due The analysis in this article makes use of chart patterns and key support and resistance levels. For more