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Crude oil prices weakened as a stronger US Dollar and another drop in the S&P 500 undermined the sentiment-linked commodity. All eyes are on US GDP and the Fed’s preferred inflation gauge next. ....
Crude Oil May Rise as Covid Case Growth Slows. WTI Eyes OPEC Outlook, Evergrande dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.
A bullish International Energy Agency (IEA) report sent crude oil above $71.00 per barrel for the first time since 2018. US and Iran will resume talks this weekend. Will a deal be reached? ....
Oil Q2 2021 Fundamental Forecast of clients are net short. Long News of clients are net short. Long News of clients are net short. Long News of clients are net short. Long News 2021-04-12 17:00:00 Rich Dvorak, Analyst Crude Oil Fundamental Forecast: Supply & Demand Dynamics to Bolster WTI Prices Crude oil price action staged a remarkable rally during 1Q-2021. In fact, the commodity surged as much as 40% ....
Oil Q2 2021 Fundamental Forecast 2021-04-03 09:00:00 Rich Dvorak, Analyst Crude Oil Fundamental Forecast: Supply & Demand Dynamics to Bolster WTI Prices Crude oil price action staged a remarkable rally during 1Q-2021. In fact, the commodity surged as much as 40% at its year-to-date high around $68.00 a barrel in early March. The strong bid beneath crude oil broadly tracked market optimism surrounding covid vaccine developments, massive fiscal stimulus packages, and improved outlook for global GDP growth. That said, during the second half of March, virus fears resurfaced and seemed to be pressuring the commodity. Is this stretch of short-term weakness set to continue into 2Q-2021 or will crude oil resume its ascent? ....