Oil
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Forex
WTI Worth Forecast: Momentum fades beneath 21-day SMA
WTI trims intraday beneficial properties after dealing with resistance on the 21-day SMA. Technical resistance stays agency, with value motion…
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Forex
WTI hits three-month low as OPEC+ assembly looms
WTI falls to $61.20, its lowest stage since June 2, earlier than stabilizing close to $61.50. Markets brace for Sunday’s…
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Forex
WTI Worth Forecast: At make or a break close to $62
The Oil worth trades decrease at round $62.50 forward of the Trump-Putin assembly. US President Trump expressed confidence that Russia…
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Forex
OPEC predicts tight Oil market – Commerzbank
In its month-to-month report, OPEC has barely raised its forecast for Oil demand subsequent 12 months, Commerzbank’s commodity analyst Carsten…
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Forex
US EIA expects an oversupply, decrease oil costs, and falling US oil manufacturing – Commerzbank
The US Power Data Administration (EIA), in distinction, has considerably revised its estimate of the provision surplus on the oil…
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Forex
The IEA forecasts counsel a large oversupply subsequent yr – Commerzbank
The Worldwide Vitality Company has left its forecast for Oil demand just about unchanged and continues to count on will…
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Forex
Oil falls on bearish fundamentals – ING
The oil market got here beneath additional stress yesterday, settling beneath US$66/bbl for the primary time since early June. Sentiment…
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Forex
OPEC sees tighter oil market in 2026 – ING
Oil costs continued to maneuver decrease yesterday, with the market centered on Friday’s Trump-Putin assembly. The end result may take…
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Forex
WTI Oil costs consolidate round $63.50 forward of the Putin-Trump assembly
Crude costs fluctuate round $63.50 after bouncing up from Friday’s lows at $62.30. Upside makes an attempt stay restricted with…
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Forex
Oil costs beneath stress forward of Trump-Putin assembly – Commerzbank
Oil costs final week recorded their sharpest weekly declines for the reason that finish of June. On the identical time,…
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Forex
China reduces purchases of Saudi Arabian oil – Commerzbank
Saudi Arabia is more likely to ship considerably much less crude oil to China in September, Commerzbank’s commodity analyst Carsten…
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Forex
Trump deadline passes with out stricter sanctions in opposition to Russia – ING
President Trump’s deadline for Russia to strike a peace cope with Ukraine handed with out stricter US sanctions imposed on…
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