Oil prices declined after reports emerged that OPEC+ is considering a major output increase in June, while Kazakhstan resists further production cuts to compensate for…
The Brent oil price rose significantly yesterday and regained last Thursday’s interim high of just over $68 per barrel in the morning, Commerzbank’s commodity analyst…
Created on April 23, 2025 The light sweet crude oil market has rallied a bit during the trading session on Tuesday, gaining over 2 %…
Oil, though, was unable to escape the broader risk-off move in markets yesterday. ICE Brent settled 2.5% lower on the day, ING’s commodity experts Ewa…
USD/CAD slips as the Canadian Dollar finds support from a rebound in crude Oil prices and favorable macroeconomic factors. China’s 90% reduction in US Oil…
USD/CAD declines as the US Dollar weakens amid growing concerns over the potential economic fallout from US-imposed tariffs. The Greenback remains under pressure, with the…
Created on April 20, 2025 WTI Crude Oil went into the weekend near the 63.500 mark before the long holiday weekend began. The price from…
USD/CAD gains support following hawkish remarks from Federal Reserve Chair Jerome Powell. CME FedWatch Tool suggested that traders are now anticipating the first rate cut…
Created on April 17, 2025 As you can see, we pulled back just a bit in the early part of the session here on Wednesday…
By accelerating the fall in oil prices, the timing between OPEC+’s decision to accelerate quota easing, and the Trump administration’s announcement of the start of…