Oil Trades Higher as Saudi, Russian Supply Cuts Extend Until Year End

[ad_1] Brent Crude, WTI Oil News and Analysis Announcement of extended production cuts reignites bullish momentum Bullish catalyst attracts lofty price targets for Brent and WTI Overheating concerns appear with the RSI entering overbought territory The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit

WTI hits YTD high of $85.57 amid supply cuts and strong demand

[ad_1] Share: Saudi Arabia expected to extend its 1 million bpd output cut into October. Russia agrees with OPEC to cut exports next month. Positive business activity reports from China improve the oil demand outlook. US unemployment rate rises, wage growth slows, potentially pausing interest rate hikes. Western Texas Intermediate (WTI), the US

WTI rises near $83.00 amid supply crunch fears

[ad_1] Share: WTI rose near the $82.90 zone, setting a three-day winning streak. Supply crunch fears amid the Hurracain Idalia tractions Oil prices. A stronger USD and the fragile Chinese situation may limit the upside. The West Texas Intermediate (WTI) rose on Wednesday and threatened the $83.00 resistance.  What is driving the price

Natural Gas rally fades as strike concerns abate and supply rises

[ad_1] Share: Natural Gas could fall as demand remains tepid and stockpiles high.  The US Dollar is taking a step back with weak US data ahead of the jobs report.  Expect a sideways to lower gas price as supply starts to build with less demand. Natural Gas could be retreating from its peak print in

Shved Supply & Demand MT4 Indicator

[ad_1] In the dynamic world of financial markets, traders are always on the lookout for tools that can help them make informed decisions. One such tool that has gained significant attention is the Shved Supply & Demand MT4 Indicator. This indicator, renowned for its effectiveness in technical analysis, serves as a valuable asset for traders

Supply and Demand Zones MT4 Indicator

[ad_1] In the fast-paced world of trading, having a strategic edge is essential. One tool that has gained significant popularity among traders is the Supply and Demand Zones MT4 indicator. This indicator empowers traders to make more informed decisions by identifying key areas of buying and selling interest on price charts. In this article, we’ll

Chia July M2 money supply +10.7% vs +11.0% y/y expected

[ad_1] Prior +11.3% New yuan loans ¥345.9 billion vs ¥800.0 billion expected Prior ¥3.05 trillion The slowdown in broad money growth in China continues with new yuan loans also dipping after the huge surge at the end of Q2. Beijing has a tough task in trying to balance out tighter credit conditions, providing more stimulus