Oil

Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around $76.60 so far on Wednesday. لینک منبع : هوشمند نیوز

Oil Analysis, Prices, and Charts The virtual OPEC+ meeting starts on Thursday and may prove fractious. Oil prices are set to tread water ahead of any announcements. Download our complimentary guide on How to Trade Oil Recommended by Nick Cawley How to Trade Oil DailyFX Economic Calendar The oil market may see a further bout

Oil (Brent, WTI) News and Analysis Delayed OPEC+ meeting to take place on Thursday at 13:00 GMT – individual quotas and supply cuts remain central to the meeting Brent crude prices head lower after notable rejection at the intersection of the crucial $82 level and the 200 SMA WTI flat ahead of OPEC meeting but

Share: WTI crude oil prices declined following the start of a truce in the Gaza Strip. OPEC+ postpones crucial meetings, sparking speculations of potential oil production cuts for 2024. Global factors like higher US crude stockpiles, China’s uncertain oil demand, and non-OPEC production growth contribute to Oil price trends. West Texas Intermediate (WTI),

  The global market for   Petroleum   will have a slight supply surplus in 2024, even if OPEC+ nations extend their cuts into next year the head of the International Energy Agency’s petroleum markets and industry division told Reuters. Read too At the moment, however, the oil market is in deficit and inventories are

© Reuters. The New Zealand dollar (NZD) saw an uptick today, approaching a key resistance level as global markets reacted to a mix of economic signals and political changes. The currency edged closer to the 200-day Simple Moving Average (SMA) benchmark of 0.6100, buoyed by a decline in oil prices and the formation of a

Share: USD/CAD seems biased to move downward despite the weakening in Crude oil prices. WTI prices lose ground on an unexpected delay in an upcoming OPEC+ meeting. US economic data turn investors to perceive persistent inflation in the country. USD/CAD seems to extend its losses for the third consecutive session, trading slightly lower

Share: USD/CAD trades higher post losses registered in the previous session. Canada inflation (YoY) fell to 3.1% in October, down from 3.8% prior. The decline in Crude oil prices could weigh on the CAD. US Dollar faces challenges despite improved US bond yields. USD/CAD recovers its intraday losses, hovering around the psychological level

OIL PRICES FALL AFTER US REPORT, BUT THE TREND IS TO RISE UNTIL THE END OF THE YEAR. لینک منبع : هوشمند نیوز

Share: WTI prices trade in positive territory for the third consecutive day on Tuesday. Saudi Arabia is planning to prolong oil production cuts of 1 million barrels per day through next year. The concern about a slowing global economy outweighed the prospect of deepening supply cuts by OPEC+. Oil traders will focus on