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2024-06-27T09:54:33+0100
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2024-06-27T09:54:33+0100
WTI trades in 2-month high on higher demand, gold price stays side-lined amid French and UK elections while corn price stabilizes above 3 ½ year low.
2024-07-02T23:43:04+0100
OPEC+ extends production cuts into 2025 with voluntary cuts to taper off from October this year and the oil market seeks to halt recent declines on tighter supplies.
2024-06-04T02:46:17+0100
Rising US employment costs elevate the dollar, amplifying expectations of prolonged high rates pre-FOMC, impacting oil market outlooks.
2024-05-01T06:32:14+0100
Israeli soldiers retreat from Gaza, fueling peace talk prospects and causing a dip in oil prices amidst reduced regional tensions.
2024-04-10T06:54:58+0100
Crude oil prices waver: Investors weigh China's economic strategies and OPEC cuts against global supply and demand, with US economic data on the horizon for potential market shifts.
2024-03-06T04:12:57+0000
We’re taking a look at the energy commodity’s price in our latest Technical cheat sheet video (‘Oil-US Crude’ on IG’s trading platform).
2024-03-05T06:07:12+0000
China adds further support to the ailing economy; and brent crude oil drops at prior swing low, propped up by the 200 SMA, meanwhile, WTI oil oscillates around key, long-term trend filter.
2024-02-21T03:02:15+0000
Marginal Cushing stock build could limit oil upside, IEA revises oil demand growth lower; brent crude oil flirts with the 200-day SMA and WTI testing major zone of resistance into the end of the week.
2024-02-16T04:19:56+0000