Tag: crude oil

Risk ON/OFF: What Does That Mean And Market Overview

There's a reason why you hear the talking heads on financial TV interviewing traders about their current sentiment and whether they feel it is...

Crude Oil Back on the Retreat

In spite of supply disruptions and inventory drawdowns that have raised speculation that record American oil inventories are going to ease further, oil prices...

Eddie Tofpik: Ineffective Japanese Data

Quiet in Asia after yesterday’s ‘fat fingers’ incident in GBPUSD along with continued indecision in EURUSD. Elsewhere – worse Chinese trade data and better...

Massive Explosions Cripple Nigerian Oil Industry

Nigerian Crude Oil Production Halved by Militant Activity On Saturday, 28 May 2016, a series of explosions rocked Nigeria as a new militant group –...

Is The Ruble Rally About To Fade?

After strengthening for the last few weeks, the Ruble Rally, on the back of stronger oil prices, the run higher in the Ruble...

Market News: Gold prices turned negative as corrective rally in WTI

Good morning! Here's what you need to know in markets on Wednesday. The minutes of the latest US Federal Reserve FOMC meeting are released...

A fear surrounding the state of China’s economy pushes Oil to...

West Texas Intermediate crude oil broke below the $30 psychological support for the first time since winter 2003 due to oversupply in the market...

EUR/USD Declines on Weak Eurozone CPI ahead of ECB Meeting

The EUR/USD declined on Wednesday, falling below 1.06 after weaker than expected Eurozone inflation data strengthened the case for more expansive monetary policy by...

Asian Stocks Snap Back on China Data

Asian stocks rebounded following last week’s rout, as investors digested mixed China manufacturing data amid ongoing brokerage probes. Mainland China stocks posted modest gains on...

Crude Oil Pushes Higher as Demand Improves

The price of oil advanced for a second consecutive day on Tuesday, after Saudi Arabia increased pricing to Asia in a sign that demand...

Brent Crude Tumbles as Oversupply Remains In Focus

Oil prices declined on Thursday after an OPEC minister signalled that output would remain elevated, raising speculation the global oil glut would persist for a...

Crude Prices Slump, Supply Glut Back in Focus

The price of crude oil declined on Tuesday following several weeks of stability, a sign speculators were still concerned about rising global inventories after...

USD/CAD Loses NFP-Inspired Rally amid Higher Energy Prices

The North American currency pair back was on its heels Monday, as rebounding energy prices and better than expected Canadian housing starts supported the...

Could Middle East Tensions Send Oil Prices Soaring? Infographic

With the developed world still heavily reliant on Middle East oil for its energy needs, the recent tensions in the region have raised anxieties...

Forex insights: The Loonie Strategy

“Don’t get impatient when it takes too long, or drink it all when it tastes too strong, I gotta feel alive even if it...