Crude Oil
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Crude Sharply Higher on Dollar Weakness and Additional US Sanctions on Iranian Oil
June WTI crude oil (CLM25) Tuesday closed up +1.72 (+2.78%), and June RBOB gasoline (RBM25) closed up +0.0329 (+1.54%). Crude…
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WTI extends the rally above $63.00 on easing trade tensions
WTI price gains momentum to around $63.25 in Wednesday’s early Asian session. The US and China slash tariff rates by 115%,…
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Let’s Talk Oil, NATGAS, Cocoa And Wheat
Oil: Oil continues to recover losses after China and the U.S. reached an agreement to significantly reduce tariffs. Since hitting…
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Easing US-China Trade Tensions Boost Crude Prices
June WTI crude oil (CLM25) Monday closed up +0.93 (+1.52%), and June RBOB gasoline (RBM25) closed up +0.0247 (+1.17%). Crude…
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WTI moves below $61.50, downside seems limited due to easing of US-China trade tensions
WTI price may recover amid renewed optimism driven by progress in US-China trade talks. The two nations have reached a…
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Oil gains on easing trade tensions – ING
NYMEX WTI is trading above $63/bbl, while ICE Brent was seen approaching $66/bbl on US-China trade talk optimism. Meanwhile, the…
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WTI sits near two-week high, just below $61.00 as traders await US-China trade deal details
WTI enters a bullish consolidation phase near a two-week high amid mixed fundamental cues. The US-China trade deal optimism helps…
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Three Markets to Watch Next Week
Following the first high-stake trade negotiations between China and the US, market attention will once again focus predominantly on developments…
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Crude Rallies on US-China Trade Talk Optimism
June WTI crude oil (CLM25) Friday closed up +1.11 (+1.85%), and June RBOB gasoline (RBM25) closed up +0.0230 (+1.10%). Crude…
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EIA lowers forecast for US oil production – Commerzbank
The US Energy Information Administration (EIA) has revised its forecast for US crude oil production downwards, Commerzbank’s commodity analyst Carsten…
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