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Crude oil stabilises post OPEC+ but pressure remains Crude oil stabilises post OPEC+ but pressure remains

Fawad Razaqzada December 11, 2018 7:35 AM

TAGS: Brent, Brent crude, Crude, Crude oil, Oil, WTI

OPEC+ set to ignore Trump and cut crude oil production

Fawad Razaqzada December 6, 2018 7:02 AM

The so-called OPEC+ group of oil producers, which includes the traditional players in the oil cartel as well as non-OPEC countries such as Russia, look set to agree on cutting oil production to help shore up prices, defying calls from US President Donald Trump to leave output unchanged and keep prices low.

TAGS: Brent, Brent crude, Crude, Crude oil, OPEC

Crude oil: OPEC+ pledge to cut supply enough to boost prices?

Fawad Razaqzada November 12, 2018 7:36 AM

The effort by the OPEC+ to rebalance the market may only have limited impact on prices, due to the still-rising US oil output.

TAGS: Brent, Brent crude, Crude, Crude oil, WTI

Crude oil extends drop on supply concerns

Fawad Razaqzada November 6, 2018 12:43 PM

Oil prices have been falling sharply for the past five weeks or so and the poor run of form has continued for another day today.

TAGS: Crude, Crude oil, WTI

Brent crude oil hits new four year high

Fawad Razaqzada September 24, 2018 12:09 PM

It comes after a meeting of OPEC and non-OPEC oil ministers in Algiers over the weekend, which concluded with a decision that there is no urgent need to boost crude output.

TAGS: Brent, Brent crude, Crude, Crude oil, Oil, OPEC

WTI: Crude oil may have resume bearish trend

Fawad Razaqzada July 31, 2018 12:54 PM

Despite last week’s bullish close, WTI is set to end lower on the month. And with prices already turning lower on the week, we are not convinced that oil has bottomed out yet.

TAGS: Crude, Crude oil, Oil, WTI

Crude oil slumps

Fawad Razaqzada July 11, 2018 11:50 AM

TAGS: Crude, Crude oil, Oil, OPEC, WTI

WTI: Crude Oil Correction Imminent?

Fawad Razaqzada July 6, 2018 6:27 AM

Oil prices fell sharply on Thursday after the US Department of Energy reported an unexpected rise in US crude stockpiles.

TAGS: Crude, Crude oil, Oil, OPEC, WTI

Crude oil: Trump’s request falls on deaf ears

Fawad Razaqzada July 2, 2018 7:34 AM

Oil prices have managed to make back a good chunk of their initial losses after gapping lower following an eye-catching tweet from Donald Trump at the weekend.

TAGS: Crude, Crude oil, Oil, OPEC, WTI

Crude extends drop for fourth consecutive session

Fawad Razaqzada June 5, 2018 7:13 AM

Oil prices have taken a dramatic fall over the past couple of weeks after Saudi Arabia – the de facto head of the OPEC – strongly hinted at the prospects of increased supplies from the OPEC and non-OPEC in the second half of the year.

TAGS: Brent, Brent crude, Crude, Crude oil, Oil, OPEC

Crude drops as Saudi suggests OPEC oil supply set to rise

Fawad Razaqzada May 25, 2018 7:20 AM

As we head towards the weekend, oil prices have turned sharply negative after starting the week on the front foot. Barring an unexpected rally later on today, oil prices are set to end a six-week winning streak.

TAGS: Brent, Crude, Oil, OPEC

Brent chart points to possible correction for crude oil

Fawad Razaqzada May 23, 2018 12:16 PM

Brent’s failure to crack $80 points to a possible double top reversal pattern

TAGS: Brent, Brent crude, Crude, Crude oil

Week Ahead: Central Bank Minutes and UK Data Take Center Stage

James Chen, CMT May 18, 2018 1:06 PM

Market action in the past week has been driven to a large extent by heightened concerns over US-China trade negotiations, an extended rise in crude oil prices, and surging bond yields that indicate persistently increasing interest rate expectations.

TAGS: British Pound, Canadian Dollar, Central Banks, Crude oil, ECB, EUR/USD, EURO, European Central Bank, Fed, Federal Reserve, FOMC minutes, forex, Fundamental Analysis, FX, GBP/USD, GBPUSD, Gold, Interest rates, UK, US Dollar

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Crude oil stabilises post OPEC+ but pressure remains Crude oil stabilises post OPEC+ but pressure remains

OPEC+ set to ignore Trump and cut crude oil production

Crude oil: OPEC+ pledge to cut supply enough to boost prices?

Crude oil extends drop on supply concerns

Brent crude oil hits new four year high

WTI: Crude oil may have resume bearish trend

Crude oil slumps

WTI: Crude Oil Correction Imminent?

Crude oil: Trump’s request falls on deaf ears

Crude extends drop for fourth consecutive session

Crude drops as Saudi suggests OPEC oil supply set to rise

Brent chart points to possible correction for crude oil

Week Ahead: Central Bank Minutes and UK Data Take Center Stage

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