oil

We would like to use the current sideways consolidation in the Brent crude oil price to buy into the medium-term uptrend, with a stop loss below the 80.24 late February low, and an upside target just below the 90.00 mark.

2024-03-27T12:38:25+0000

​​While gold is moving higher to start the week, oil prices and natural gas prices have seen a more mixed morning of trading.

2024-01-15T09:52:04+0000

​​Outlook on Brent crude oil, corn and soybeans amid a negative start to the new year.​

2024-01-03T10:36:20+0000

With one eye on Middle East tensions, investors keep a look-out for inflation data and the Fed’s September meeting minutes. API data comes at an interesting juncture for the outlook of crude oil.

2023-10-10T15:26:31+0100

Economic data points likely to spur volatility include the US jobs report, interest rate decisions from the central banks of Australia and New Zealand, plus an OPEC+ meeting.

2023-09-29T16:19:50+0100

Tullow Oil’s share price has resumed its uptrend and we wish to buy it on a minor retracement lower with an upside target of around 49p and a stop loss at 31.5p.

2023-09-06T13:49:20+0100

With the potential long reach of the Jackson Hole meetings over the weekend, Richard Snow, analyst at Daily FX, has chosen a short trade on US crude around China manufacturing PMI data.

2023-08-25T10:23:08+0100

In the Week Ahead for 7 August 2023: US initial jobless claims, UK house prices and industrial production in Germany. IGTV’s Angela Barnes shares an overview of economic data and corporate earnings on the calendar for next week.

2023-08-04T16:29:13+0100