[ad_1] Crude Oil, WTI, Brent, Saudi Arabia, China, Aramco, Fed, EIA, API, Backwardation – Talking Points Crude oil jumped to print fresh highs again yesterday Worries over China appear to be being ignored for now The oil market structure might be supportive of higher WTI Recommended by Daniel McCarthy Understanding the Core Fundamentals of Oil
[ad_1] CRUDE OIL, WTI, NATURAL GAS, NG – Outlook: Crude oil’s break above key resistance points to further rise. Immediate downside risks in natural gas haven’t been eliminated. What is the outlook for crude oil and natural gas and what are the key levels to watch? Recommended by Manish Jaradi Futures for Beginners Crude Oil:
[ad_1] Number of traders net-short has increased by 12.59% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI Oil – US Crude BULLISH 34.95% 65.05% -9.36% Daily -3.19% Weekly 8.88% Daily 12.59% Weekly 1.73% Daily 6.52% Weekly of clients are net long. of clients are net short.
[ad_1] USD/CAD ANLAYSIS & TALKING POINTS Quiet trading anticipated today. US CPI under the spotlight tomorrow. USD/CAD negative divergence progresses. Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter CANADIAN DOLLAR FUNDAMENTAL BACKDROP The Canadian dollar has managed to maintain strength against
[ad_1] OPEC+ supply restrictions were extended, and U.S. oil and cloth both hit more than nine-and-a-half-month highs. Saudi Arabia and Russia’s strategy to further deplete inventories is being felt across the oil market. The December-December spread for West Texas Intermediate crude, favored by oil hedge funds, rose to its widest level since late 2022. Brent,
[ad_1] Crude Oil, WTI, Brent, Saudi Arabia Russia, OPEC+, EIA, API, OVX – Talking Points Crude oil leapt over hurdles overnight as production cuts are pushed further out Inventory data show US demand to be strong and solid ISM number supports a robust outlook If oil prices keep going up and the US economy is
[ad_1] Crude Oil, WTI, Bent, US Dollar, NFP, FOMC, HSI, RBA, BoC, ASEAN, G-20 – Talking Points Crude oil’s leap to new highs appears intact for now with A combination of production cuts and an inventory rundown boosted oil After today’s US holiday, a busy week lies ahead. Will WTI keep climbing? Recommended by Daniel