Crude Oil Futures: Extra gains likely in the short-term
Crude Oil Futures: Extra gains likely in the short-term
Crude Oil May Rebound As Inventory Surges
This Tuesday (June 9th), Saudi announced it will stop cutting oil production beyond OPEC+ agreement, which sent WTI from above US$39 down to US$ 37.07. However, with the surge of crude inventory, oil prices are expected to rebound further.
Crude Oil Demand May See Largest Quarterly Decline in History
Due to the rapid-evolving public health emergency around the globe, the daily demand for crude oil will decrease by 3.8 million barrels year-on-year. Prior to this, Goldman Sachs had been the first among Wall Street's major investment banks to predict a sharp decline in crude oil consumption this quarter. The unprecedented drop of demand came as a sudden shock.
China could be the biggest loser from the Saudi Arabia oil attack
An expert told Business Insider that China has been the largest buyer of Saudi oil since 2009 and could be most impacted by a halt to oil exports.
Crude Oil Prices Boosted, EUR/USD Suffers Ahead of ECB - US Market Open
Crude Oil Prices Boosted, EUR/USD Suffers Ahead of ECB - US Market Open
Crude Oil Price Analysis: Oil Prices Lifted on Large Stock Decline
Crude Oil Price Analysis: Oil Prices Lifted on Large Stock Decline
Crude Oil Prices Heads Higher, Canada Extends Oil Production Cuts - US Market Open
Crude Oil Prices Heads Higher, Canada Extends Oil Production Cuts - US Market Open
CAD Sank With Crude Oil, Citigroup Earnings Underpin Growth Fears
The Canadian Dollar fell with crude oil prices as Citigroup earnings foreshadowed a disappointing season for banks, underpinning global growth concerns. NZD eyes New Zealand CPI data.
CAD Sunk With Crude Oil, Citigroup Earnings Underpin Growth Frets
The Canadian Dollar fell with crude oil prices as Citigroup earnings foreshadowed a disappointing season for banks, underpinning global growth concerns. NZD eyes New Zealand CPI data.
Crude Oil Extends Gains, Iran Threatens to Close Major Oil Chokepoint
Crude Oil Extends Gains, Iran Threatens to Close Major Oil Chokepoint
Crude Oil May Be Overextended, But Watch Out For Trade Headlines
Crude oil prices remain supported by supply cuts and trade deal hopes even as the economic data have proven disappointing. That support could wane a little this week
Crude Oil Prices May Top, Gold Prices Eye US Durable Goods Orders
Technical analysis warns crude oil prices may top after failing to rise on supportive fundamental news. Gold prices may rise if USD, bond yields fall