Lagarde: The ECB is watching oil for inflation risks

Geez, Janet Yellen is short The European Central Bank is eyeing energy prices and fallout from the Israel-Hamas conflict, President Christine Lagarde told euro-area finance ministers, according to people familiar with the matter cited by Bloomberg. WTI crude oil is down 72-cents today to $86.97. It was around this time two years ago that Lagarde

Crude Oil Steadies After Leaping Higher on Middle East Conflict. Higher WTI?

Crude Oil, WTI, Brent, US Dollar, USD/CHF, EUR/CHF, S&P NZX 20, Gold – Talking Points Crude oil is on the march higher as uncertainty grows in the Middle East Haven assets have been buoyed by the precarious situation, notably the CHF If the Israel – Hamas war evolves further, where will that leave WTI? Recommended

Too Early to Bet on Extended Oil Bull Run – TDS

Share: Strategists from Toronto-Dominion Securities have published an analyst note highlighting that cautions Crude Oil prices, while set to go higher, could see limited upside. Higher yes… But too early to bet on extended oil bull run due to Middle East Oil prices jumped by over four dollars on Friday after the US

Gold, Crude Oil, Geopolitical Tensions, US Dollar, Fed, China GDP

Recommended by Daniel Dubrovsky Get Your Free Gold Forecast It was a volatile week for certain corners of financial markets over the past few trading sessions. All eyes were on gold and crude oil prices. XAU/USD rallied almost 5.5 percent, marking the best 5-day period since the middle of March. Meanwhile, crude oil prices soared

United States CFTC Oil NC Net Positions declined to 322K from previous 349.6K

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Baker Hughes US oil rig count 501 vs 497 prior

Oil rigs 501 vs 497 last week Gas rigs 117 vs 118 last week Total rigs 622 vs 619 last week WTI is getting a big geopolitical premium this weekend, up $3.93 to $86.84 and with brent touching $90.00. The rig count has been grinding lower but the latest bump in prices might help to

WTI crude oil extends above $87 per barrel

Crude oil prices surge today The price of WTI crude oil is extending above the $87 level to a high of $87.37. Oil prices have surged today following the U.S.’s enhancement of sanctions against Russian crude exports, amplifying supply anxieties in an already constrained market. The U.S. targeted tankers carrying Russian oil priced above the