BRENT CRUDE OIL (LCOc1) TALKING POINTS $60 per barrel has been set in motion this Monday by G7. OPEC+ decides not to alter output targets.… Read More »EU Sets Russian Oil Price Cap at $60, OPEC+ Unchanged
Recommended by Daniel McCarthy How to Trade EUR/USD Euro, EUR/USD, US Dollar, OPEC+, Crude Oil, China, Hang Seng, Metals – Talking Points The Euro gained… Read More »Euro Hits a High Note Amid China Re-opening Hopes and OPEC+. Where to for EUR/USD?
Recommended by Daniel Dubrovsky Get Your Free Top Trading Opportunities Forecast Global market sentiment remained upbeat this past week. On Wall Street, the Dow Jones,… Read More »Dow Jones, Gold, US Dollar, Crude Oil, OPEC+, AUD/USD, RBA
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
Crude Oil, China, Covid-19, OPEC+, Contango, Backwardation, WTI, Brent – Talking Points Crude oil prices are under pressure on global growth concerns China’s economic fortunes… Read More »Crude Oil Price Looks Lower on China Lockdown Fears Ahead of OPEC+. Where to for WTI?
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) 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
Crude Oil, OPEC+, Saudi Arabia, Contango, Backwardation, Volatility, China – Talking Points Crude oil prices responded sharply to supply conjecture Futures markets might provide hints… Read More »Crude Oil Price Whipped Around on OPEC+ Production Speculation. Where to for WTI?
Crude oil has bounced around so far this week as news flow has seen reports from OPEC+ and the IEA hint at lower demand while… Read More »Crude Oil Price Jumps Around on OPEC+ and IEA Reports, Data and War Woes
US Crude (WTI) Oil Analysis Lower oil stocks and Biden’s SPR confirmation sees a lift in oil prices WTI crude oil key technical considerations ahead… Read More »WTI Rises on Surprising Inventory Drawdown Ahead of OPEC Cuts
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
Crude Oil, WTI, OPEC+, DOE Inventory Data, NFPs – Talking Points: WTI crude oil prices are heading for the best week since late February OPEC+… Read More »Crude Oil Prices Eye Best Week Since Ukraine Was Invaded, OPEC+ Cuts Output Before NFPs
WTI, OPEC+ – Talking Points OPEC+ agrees to cut oil production by 2 mln barrels per day WTI rallies into key trendline resistance, 50-day moving… Read More »Oil Price Soars Following OPEC Production Cut – Key Tests Ahead for WTI
Crude Oil, US Dollar, WTI, OPEC+, CFTC, Backwardation – Talking Points Crude oil prices have pushed higher with OPEC+ set to cut production The headline… Read More »Crude Oil Price Climbs Ahead of OPEC+ Meeting and a Sunny Outlook. Where to for WTI?
OIL PRICES FORECAST Oil prices blast higher on reports that OPEC+ will deliver a substantial output cut this week to support the market WTI and… Read More »Oil Soars as OPEC+ Mulls Huge Output Cut to Defend Prices. What Now for Crude?
Crude Oil, WTI, Brent, OPEC, Inventory Data, COT Positioning – Talking Points WTI crude and Brent crude oil prices benefit from a speculative OPEC+ production… Read More »Crude Oil Prices Eye OPEC Meeting as Markets Weigh Rising Rates
Crude Oil, Chart, and Analysis Talk that OPEC+ are considering a one million barrel per day cut, or more. Oil turns higher despite global slowdown… Read More »Crude Oil Price Rallies as Traders Mull Sizeable OPEC+ Cuts This Week
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 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
WTI climbs toward $94 a barrel after gainsof 2.5% last week. Investors track supply cuts, fresh unrest in Libya and timeline for Iran talks. 95.00… Read More »WTI Crude Oil Edges Higher, Buoyed by Potential OPEC Supply Cuts
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
WTI Crude Oil News and Analysis ‘Supply cut’ comments rattle oil markets ahead of inventory data RSI indicator suggests the recent pullback may be short-lived… Read More »EIA Storage Data and OPEC ‘Supply Cuts’ Lift Oil
Crude Oil, US Dollar, OPEC+, WTI, Brent, Saudi Arabia, China, Fed – Talking Points Crude oil prices have recovered after vested interest commentary Any US-Iran… Read More »Crude Oil Price Boosted by Saudi Arabian and OPEC+ Rhetoric Trumping any Iran Deal
Crude Oil, Brent Oil, Iran, EIA, OPEC, Backwardation, Technical Outlook – TALKING POINTS WTI and Brent crude oil prices dip after a bright start to… Read More »Crude Oil Prices Fall as Market Backwardation Weakens Ahead of OPEC Report, EIA Data
Crude Oil Price Talking Points The price of oil initiates a series of lower highs and lows as the Organization of Petroleum Exporting Countries (OPEC)… Read More »Oil Prices Eyes February Low Following Upward Adjustment in OPEC Output
Crude Oil, EIA, API, OPEC+, AUD, FED, USD, GBP, BoE – Talking Points Crude oil prices are struggling to bounce off the recent floor post… Read More »Crude Oil Price Languishes Amid Stock Build and OPEC+ Doing Little. Will WTI Recover?
Crude Oil, WTI, OPEC, API, EIA, Technical Outlook – TALKING POINTS WTI and Brent Crude oil prices see modest increase ahead of today’s OPEC meeting… Read More »EIA Inventory to Shift into Focus After OPEC Announcement
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
Crude Oil, WTI, Brent, China PMI, OPEC+, Fed, FOMC, JPY, NZD – Talking Points Crude oil prices slide lower on a less than expected China… Read More »Crude Oil Price Slips as China PMIs Disappoint Ahead of OPEC+. Where to for WTI?
Crude Oil Price Talking Points The price of oil approaches the monthly low ($95.10) as the Organization of Petroleum Exporting Countries (OPEC) forecast a slower… Read More »Crude Oil Price Eyes April Low as OPEC Forecasts Slower Demand in 2023
Gold, XAU/USD, Crude Oil, WTI, Nasdaq 100, Consumer Confidence, ECB Forum – Commodities Briefing: Gold prices fell as crude oil prices climbed over the past… Read More »Gold Prices Fall with US Consumer Confidence as Crude Oil Gains on OPEC+ Output Woes