[ad_1] Crude Oil, WTI, Brent, OPEC+, Federal Reserve, EIA, API, Trend, Double Top – Talking Points Crude oil has been chasing new highs this week as supply cuts kick in OPEC+ production cuts appear to be having the desired effect The Fed may have paused but policy tightness might be with us for a while
[ad_1] Crude Oil, WTI, Retail Trader Positioning, Technical Analysis – IGCS Commodities Update Crude oil prices on course for a 7th week of gains Retail traders are becoming increasingly bearish This offers a signal that WTI may continue higher Recommended by Daniel Dubrovsky Get Your Free Oil Forecast Crude oil prices have rallied nearly 24
[ad_1] Oil Prices, Charts, and Analysis Oil prices re-test multi-month highs EIA crude oil stocks rise, gasoline stocks fall. Recommended by Nick Cawley How to Trade Oil The price of oil continues to press higher despite an unexpected build in EIA crude oil stocks. After last week’s unexpectedly large fall, today’s build should press down
[ad_1] Share: WTI crude oil prints three-day winning streak to poke yearly high marked in April, sticks to daily gains of late. OPEC+ production cuts join price-positive statements from Saud Arabia, Russia to underpin Oil price run-up. Hopes of easy rates, China stimulus and US Dollar’s pullback add strength to WTI run-up. This
[ad_1] A Friday afternoon is no time for a breakout but oil is going to be in focus next week, especially if the US dollar continues to retreat. The big level to watch is $83.53. If that breaks, we’re at the highest since November. On the CPI front, year-over-year gasoline prices are now ticking higher
[ad_1] Earlier today, Saudi Arabia announced that it will extend its voluntary 1 million barrels per day (mbpd) oil production cut through September. They added that the cuts could potentially be extended or deepened. Following this announcement, Crude oil prices increased by more than $1. The momentum has continued. The price is currently up over
[ad_1] Crude Oil, WTI, Brent, Fitch, AA+, US Dollar, Treasuries, HSI, Nikkei 225, Gold – Talking Points The crude oil price pressed toward elevated levels as markets recalibrated The Fitch downgrade dominated price action, but the impact has been disparate If the risk-off attitude continues, will WTI face headwinds? Trade Smarter – Sign up for
[ad_1] CRUDE OIL ANALYSIS & TALKING POINTS Where to next for OPEC+? USD looks to NFP for guidance on Fed monetary policy. Overbought zone on both WTI and Brent could indicate downside to come? Recommended by Warren Venketas Get Your Free Oil Forecast CRUDE OIL FUNDAMENTAL BACKDROP WTI crude oil and Brent crude oil remain
[ad_1] Market Recap Recommended by Jun Rong Yeap Get Your Free Equities Forecast The new trading week kickstarted with a drift higher in Wall Street overnight (DJIA +0.28%; S&P 500 +0.15%; Nasdaq +0.21%), as sentiments remain largely on its cautiously optimistic state ahead of more big tech earnings releases and the US job report this
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