Tag: WTI
Oil slump proves to be counter-intuitive
The world has already witnessed the shattering effects of newly-emerged coronavirus. Covid-19 has impacted economies around the...
Is Bitcoin Stealing Gold’s Luster?
It may still be too early to gauge Wall Street's attitude towards bitcoin but so far the sentiment we're seeing is extreme caution. Yesterday,...
Bitcoin Cash is Making a Splash
The action in the crypto markets over the weekend has been simply phenomenal. After the Segwit2X hard fork was called off last Thursday the...
EU Mid-Session Update: Dampened Risk Tone Continues, Yet Anticipation on Draghi.
The risk off tone from American and Asian trade has led into European equity markets with 9/10 Stoxx 600 sectors trading in the red....
What to Look out for Today – Oil and USD Prices Slip
Amongst the main headlines making the rounds today is the drop in the price of Oil and the Dollar, which have had a strong...
Oil Prices Up. Crude WTI Above Resistance 50.00
Crude WTI breaks high from 25 May
From July 24 to July 31, price of oil gained almost 10%. As a result, on Monday, price...
Fed Policy Decision and UK GDP in Focus
Asian shares were mostly mixed during early trading on Wednesday, while the Greenback held steady ahead of the Federal Reserve decision later today which...
Danske Bank on oil
The rout in oil markets continuesto hunt financial markets. Yesterday, most USstocks fell, with notably energy and industrial shares leading the declines, which overshadowed...
Will OPEC Reduce Production Again? Rumours Push Oil Up
OPEC meeting is close
Oil prices are on the rise on Monday as a result of media reports that OPEC is trying not only to extend...
Oil – Strong Decrease After Inventory Data
Price of WTI oil futures declined strongly after data considering US inventory of this commodity. Close of yesterday’s session happened below key support area...