UK Brent Oil hinting bullish sentiment as oil supply is set to drop The impact of the sanctions on Russia’s crude oil is still very… Read More »UK Brent Oil Hinting Bullish Sentiment as Oil Supply Set to Drop
BRENT CRUDE OIL (LCOc1) TALKING POINTS Drop in weekly crude stocks unable to deter crude oil bears. Closure of major U.S. pipeline gives Brent welcome… Read More »Brent Overcome by Recessionary Pressures Despite Several Fundamental Tailwinds
BRENT CRUDE OIL (LCOc1) TALKING POINTS USD factors may play a lesser role going into next week. OPEC+ meeting and Russian price cap takes center… Read More »Brent Eyes OPEC+ and Russian Oil Price Cap
BRENT CRUDE OIL (LCOc1) TALKING POINTS China’s COVID position deteriorates wounding crude prices. OPEC+ supply could be reduced further. Fed may look to reaffirm aggressive… Read More »Brent Dampened by China’s COVID, OPEC+ & U.S. Data to Follow
BRENT CRUDE OIL (LCOc1) ANALYSIS & TALKING POINTS Updates on Russian oil price cap in focus for Brent crude. FOMC minutes limits USD over long… Read More »Brent Falls on Supposed Russian Oil Price Cap
BRENT CRUDE OIL (LCOc1) TALKING POINTS Strong storage data backed by OPEC+ comments. U.S. centric data dominates headlines today along with EIA. $90.00 resistance under… Read More »Brent Bid on API and OPEC+ Ahead of Key US Data
BRENT CRUDE OIL (LCOc1) TALKING POINTS Geopolitical tensions lessen for now. Dollar comeback limiting brent crude. Possible rising wedge break suggestive of further price drop?… Read More »Letup in Geopolitics Weighs on Brent
BRENT CRUDE OIL (LCOc1) TALKING POINTS Attention on OPEC monthly oil report (MOMR) later today. Dollar weakness looks to be fading after CPI aftermath. Rising… Read More »Monthly OPEC Report in Focus for Brent
BRENT CRUDE OIL (LCOc1) TALKING POINTS Demand-side forecasts take a hit once more after Chinese COVID-19 fears recommence. U.S. midterms in focus. Brent crude prices… Read More »Brent Limited by China’s COVID Policies and Stronger USD
BRENT CRUDE OIL (LCOc1) TALKING POINTS Treasury yields continue to push higher, restricting brent crude upside. NFP in focus. Trade Smarter – Sign up for… Read More »Brent Surges on Weaker USD as NFP Takes Centre Stage
BRENT CRUDE OIL (LCOc1) TALKING POINTS Unverified change in Chinese policy lifts brent crude outlook. US stockpiles show marked decline. Emerging bullish crossover a precursor… Read More »Brent Bid on Possible Reduction in China’s COVID Policies, API & FOMC
BRENT CRUDE OIL (LCOc1) TALKING POINTS Chinese economic data leaves brent crude demand wavering. PMI’s show dwindling economic strength across the globe leaving brent vulnerable.… Read More »Brent Hurt as Global Recessionary Fears Ramp Up, USD Bid
BRENT CRUDE OIL (LCOc1) TALKING POINTS Macro environment pointing to sustained downward pressure for brent crude. CFTC data shows added longs. Trade Smarter – Sign… Read More »Brent Softened by Global Slowdown & Chinese Policies
BRENT CRUDE OIL (LCOc1) TALKING POINTS Long bets increase on Brent crude oil. Supply cuts by OPEC+ still at the forefront of market participants. Light… Read More »CFTC Data Points to Supportive Environment for Brent
BRENT CRUDE OIL (LCOc1) TALKING POINTS Details around hefty 2MMbbls/d production cut from OPEC+. No signs of Fed pivot just yet. Trade Smarter – Sign… Read More »OPEC+ Supply Cut Outweighs USD Strength, Brent Bid
BRENT CRUDE OIL (LCOc1) TALKING POINTS Demand-side factors continue to dominate. Will OPEC trim supply again? Trade Smarter – Sign up for the DailyFX Newsletter… Read More »Brent in Limbo as OPEC Meeting Draws Near
BRENT CRUDE OIL (LCOc1) TALKING POINTS Stronger USD hurts on crude oil. Additional rigs may sustain downside pressure. $90 mark key for weekly close. Trade… Read More »Central Bank Hikes Weigh on Brent Ahead of Baker Hughes
BRENT CRUDE OIL (LCOc1) TALKING POINTS FOMC expectations weigh on brent crude. Russian oil embargo vs recession fears. Brent crude trading below $90. BRENT CRUDE… Read More »Supply & Demand Tug of War Continues for Brent, USD Bid
BRENT CRUDE OIL (LCOc1) TALKING POINTS OPEC+ supply cuts may not be enough to combat global slowdown. Attention on U.S. services PMI later today. Technical… Read More »OPEC+ Output Cut Signals Price Floor Intentions, Brent Unchanged for Now
BRENT CRUDE OIL (LCOc1) TALKING POINTS Supply troubles bolster brent crude. Will the EIA weekly data add to upside pressure? Brent crude approaching key area… Read More »Brent Buoyed by Black Sea Bottlenecks, OPEC+ and API
BRENT CRUDE OIL (LCOc1) TALKING POINTS Grim global outlook weighs on brent. U.S. economic data in focus later today. Brent crude trading at key area… Read More »API Data Sets up Brent Crude Ahead of EIA and FOMC
BRENT CRUDE OIL (LCOc1) TALKING POINTS Bleak Chinese outlook weighs on brent crude. Stronger greenback keeps brent suppressed in early trading. BRENT CRUDE OIL FUNDAMENTAL… Read More »Brent Prices Ease as Chinese Economic Data Hurts Commodities Complex, Dollar Bid
BRENT CRUDE OIL, OPEC+, RUSSIA, BIDEN, SAUDI ARABIA, GLOBAL GROWTH – TALKING POINTS Crude oil prices could swell if OPEC+ does not increase its output… Read More »Brent Crude Oil Outlook Bullish on OPEC+ Meeting, Supply Hopes Strained
BRENT CRUDE OIL (LCOc1) TALKING POINTS Bidens leaves Middle East without increased supply result. Russia’s political situation could see Nord Stream pipeline remain closed come… Read More »Brent Propped Up by Uneventful Biden Trip and Uncertainty Around Nord Stream
BRENT CRUDE OIL (LCOc1) TALKING POINTS Greenback and demand-side factors weigh on crude oil. Biden visits Middle East. Possible bull flag emerging on daily chart.… Read More »Brent Up Against Strong Dollar and Demand-Side Factors
BRENT CRUDE OIL (LCOc1) ANALYSIS Demand-side factors bolstered by potential Chinese stimulus package. Kazakhstan oil flows could be disrupted. NFP in focus as dollar looks… Read More »Brent Grapples With Rampant Dollar While Supply Concerns Remain
BRENT CRUDE OIL (LCOc1) TALKING POINTS Asian economic data unable to sway brent. Oil and gas strikes in Norway dent supply. BRENT CRUDE OIL FUNDAMENTAL… Read More »Brent Tailwinds Outweighed by Recessionary Fears