Indian Rupee loses traction in Tuesday’s early European session. The renewed US Dollar demand and higher oil prices weigh on the INR. Investors await the…
Crude oil rises over 2.5% on Monday, trading near $62.60 after an early session jump to $63.25. WTI hovers below the 50-day EMA at $62.70,…
USD/INR slips to 85.36 as the Indian Rupee rebounds after last week’s decline. India’s HSBC Manufacturing PMI was revised to 57.6 in May, signaling a…
The Light Sweet Crude market has initially tried to rally during the course of May, but we have seen a lot of selling pressure, as…
Crude Oil appreciates despite news of supply hikes and trades at $62.50. OPEC+ countries have agreed to hike output by 411,000 barrels per day.…
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) agreed to surge oil output for the third month in a row. An increase…
The price of WTI Crude Oil future values did produce a rather attractive range the past week. Trading began on Tuesday following the long Memorial…
Crude markets only have a very narrow path towards higher prices. In the imminent term, CTA selling activity will weigh on price action into the OPEC…
On Wednesday we have seen Light Sweet Crude oil markets rally, as we continue to see a lot of noisy behavior in this market. The…
USD/CAD loses ground as the Canadian Dollar receives support from improved crude Oil prices. WTI price advances amid easing tariff risks and expectations of tighter…