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2023-01-19T17:16:53+0000
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2023-01-19T17:16:53+0000
WTI moves higher with 100-day MA providing some resistance; Russian price cap review pushed back by G-7 nations and as China celebrates the Lunar New Year, flash PMIs and US GDP may provide fresh impetus for WTI’s next move.
2023-01-24T03:16:17+0000
Crude oil prices found some support today after a two-day tanking; an IMF alarm bell and China’s economic woes are weighing on WTI and Fed minutes reveal their resolve to slow the economy. Will WTI make a new low?
2023-01-05T04:35:15+0000
2022-12-14T15:49:46+0000
Outlook on Brent crude oil, gold and US natural gas ahead of US CPI data.
2022-12-13T08:46:42+0000
The G7, EU and Australia imposed a $60 cap on Russian oil exports, which may create the appearance of a short-term shortage. However, unless oil prices rise significantly, Russia may be unaffected.
2022-12-11T21:14:28+0000
Outlook on Brent crude oil, gold and US natural gas amid a rising US dollar post stringer-than-expected US ISM data.
2022-12-06T09:34:41+0000
Crude comes back into focus this weekend, with the OPEC+ production decision coming ahead of the expected G7/EU price cap on Russian oil
2022-11-30T17:21:37+0000
Crude oil prices are under pressure on global growth concerns; China’s economic fortunes are weighed by policy and disruptive restrictions and futures markets might provide hints for WTI’s direction.
2022-11-29T04:44:29+0000