continues

WTI continues to rise toward $69.00 due to improved demand outlook in China

WTI continues to rise toward $69.00 due to improved demand outlook in China

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WTI price appreciates as China announced plans to adopt proactive fiscal stimulus measures next year. API Weekly Crude Oil Stock rose by 0.499 million barrels against an expected decrease of 1.30 million barrels. Traders are anticipating the upcoming OPEC Monthly Oil Market Report to evaluate crude Oil market trends for the year ahead. West Texas […]

WTI continues to rise toward $69.00 due to improved demand outlook in China Read More »

WTI continues its winning streak amid heightened concerns over supply, climbs to $80.90

WTI continues its winning streak amid heightened concerns over supply, climbs to $80.90

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WTI price appreciation following Ukrainian attacks on Russian refineries. Ukraine has declared not to extend a five-year agreement with Russia’s Gazprom. Israeli Prime Minister Benjamin Netanyahu has affirmed to proceed with plans to expand into Gaza’s Rafah enclave. West Texas Intermediate (WTI) oil price continues its upward trajectory, reaching around $80.90 per barrel during the

WTI continues its winning streak amid heightened concerns over supply, climbs to $80.90 Read More »

USD/CAD continues its winning streak on lower Crude oil prices, improves to near 1.3580

USD/CAD continues its winning streak on lower Crude oil prices, improves to near 1.3580

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USD/CAD extends its gains as Crude oil prices encounter challenges. Crude oil prices face challenges on higher API Weekly Crude Oil Stock. US Dollar received upward support on the expectation of the Fed’s delaying rate cuts. US GDP Annualized (Q4) rose by 3.2% against the expected 3.3%. USD/CAD continues its winning streak, marking the fifth

USD/CAD continues its winning streak on lower Crude oil prices, improves to near 1.3580 Read More »

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