Tag: Oils
EIA Inventory Drawdowns add to Oil’s Bullish Outlook
Oil (WTI, Brent) News and AnalysisShell forced to halt unit at Europe’s biggest refinery- exacerbating tight supplyEIA storage data reveals continuin [...]
USD/CAD Rises on Oil’s Slump, Nasdaq 100 Carves Double Top Pattern as Bears Lurk
CANADIAN DOLLAR, NASDAQ 100 OUTLOOK:Canadian dollar weakens, pressured by lower oil prices and the broader U.S. dollar reboundUSD/CAD breaks above its [...]
USD/CAD Rises on Oil’s Slump, Nasdaq 100 Carves Double Top Pattern as Bears Lurk
CANADIAN DOLLAR, NASDAQ 100 OUTLOOK:Canadian dollar weakens, pressured by lower oil prices and the broader U.S. dollar reboundUSD/CAD breaks above its [...]
The market is worried that oil’s rise may cause a recession
CNBC's Jim Cramer broke down why oil's skyrocketing price has Wall Street worried about a recession, pointing to the fall in oil stocks on Wednesday e [...]
No Reuters forex reports Friday
A Euro banknote is seen placed on U.S. Dollar banknotes in this illustration taken, November 28, 2021. REUTERS/Dado Ruvic/IllustrationRegister now for [...]
Stranded no more? Bitcoin miners could help solve Big Oil’s gas problem
The energy usage and environmental impact of Bitcoin (BTC) mining have been frowned upon and been under the scanner by various international financial [...]
Is The S&P 500 Rally the End of Oil’s Bull Market?
Chris Vecchio and Ilya Spivak take a look at the recent rallies in equity markets and try to determine if this marks a close to co [...]
OPEC+ Agrees on Output Increase, Oil’s Sharp sell-off Analyzed
Brent Crude Oil After OPEC+ Meeting:Brent crude oil’s sharp sell-off and recovery after OPEC+ stick with January plan but reserve the right to alt [...]