An oil refinery in the Russian city of Ufa was on fire, according to the state RIA news agency. The regional branch of Russia’s emergency…
Created on March 02, 2025 The downturn in WTI Crude Oil saw price velocity increase downwards this week. After climbing to a high of nearly…
Created on March 02, 2025 During the month of February, we have seen the crude oil market try to rally a bit, but it failed…
Oil prices dropped sharply yesterday, where Brent plunged below USD74/bbl, Danske Bank’s analyst Jens Nærvig Pedersen notes. US consumer confidence figures weigh on risk sentiment…
USD/CAD appreciates as the DXY advances toward 106.50, driven by rising US yields. Richmond Fed President Barkin emphasized the need for a cautious “wait and…
WTI price rose as the US imposed sanctions on brokers, tanker operators, and shipping companies involved in Iranian petroleum. Oil price gains were capped as…
USD/CAD attracts fresh sellers on Tuesday and is pressured by a combination of factors. Recovering Oil prices underpin the Loonie and weigh on the major…
Created on February 23, 2025 Classical speculative trading conditions were seen in WTI Crude Oil last week. Last Monday started with some slight selling in…