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OPEC+ preview: Will OPEC+ cut production again?
According to recent “sources”, OPEC+ is likely to leave production unchanged when it meets virtually on December 4th.
Crude oil takes another plunge
This time on report that the OPEC+ to discuss production hike by 500K bpd
WTI falls as demand concerns intensify
Oil investors' focus is turning back to the demand side of things and in particular China...
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Stocks, copper and oil drop as growth concerns intensify
fears over growth intensified after China postponed the release of its GDP and industrial production figures
Stocks, copper and oil drop as growth concerns intensify
fears over growth intensified after China postponed the release of its GDP and industrial production figures
WTI crude oil: When prices can’t rally on good news…
Oil traders have now had two chances to bid up oil on better-than-expected news this week, and on both occasions, crude was trading much lower in just a handful of hours...
Crude oil: WTI reversing yesterday’s surge, OPEC+ on tap next week
With most producers already operating at or above capacity and growing signs that the global economy may be slowing, some reduction of supply is looking increasingly likely in the coming months...
Growth concerns return to the forefront
Crude leads commodities slump on weak Chinese data and US Empire Manufacturing Index plunges into negative
Crude oil drops again with WTI below $90
US crude oil prices could be heading towards low- to mid-$80s.
US open: Stocks rise as corporate earnings heat up
US stocks open higher ahead of a busy week for earnings and as aggressive Fed bets ease.
Crude oil off lows after slump
The focus for oil and other investors will turn to the latest Chinese and US data...
Recession Trade Keeps Risk Assets Under Pressure
Fears over a recession continues to drive financial markets, with commodities feeling the heat
What’s driving the global markets right now?
Everything you need to know about the current economic and monetary policy environment, and what it all means for financial markets
OPEC preview: Will OPEC+ increase output in August?
When OPEC+ meets later this week, it is unlikely to increase output more than the expected 648,000 bpd.
Oil unlikely to hold rebound as recession fears intensify
A sharp slowdown in the global economy is now inevitable…
Commodities breaking lower as demand concerns intensify
Weakness in China, stagflation across the world and rising prices hurt demand
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Lira slumps further as crude oil nears $122
Lira slumps further as crude oil nears $122
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USD/MXN looking to push to pre-pandemic lows
Both a hawkish Bank of Mexico and the rise in Crude Oil prices have been pushing USD/MXN lower.
Crude oil: Could we see 14-year highs in WTI soon?
From a fundamental perspective, the rise in oil prices comes down to simply supply and demand.
OPEC + hikes output more than expected
The rumors are still making the rounds that OPEC+ may suspend Russia and that Saudi Arabia may increase production as price continues to soar.
Canadian inflation remains excessively high. What does it mean for USD/CAD?
The Canadian CPI print confirmed what the markets had already expected: that inflation continues to rise and will force the BOC to raise rates further.
Oil prices rally again, piles further misery on lira
Rising oil prices have been great news for oil producers and bad for almost everyone else, not least turkey.
OPEC+ set for existing deal despite China, overcompliance concerns
The OPEC and its allies (OPEC+) are continuing to slowly relax the output cuts they introduced in 2020