Traders Blog - Analysis, Strategies, News and more: Tag - Oil News
Oil, Ida, Nicholas, and FED
Oil and the week ahead! While still, about 25% of US Gulf crude is offline, we are getting closer to another Federal Reserve meeting and market participants are turning their focus to that. This focus and concern can help the US dollar to rise a...
OPEC is an optimist, Oil increasing!
OPEC sees more demand in 2022 Yesterday, US crude oil prices continued their way up by a 1.3% gain at the closing time, to touch a weekly high at its daily high above $70.73. Today this rally continued its way after a bit of correction to touch...
Monthly Outlook - September 2021
With missing NFP numbers, eyes turn to the FED meetingAugust was not the quiet month, as it was expecting from a usually August. In the main event of August, Mr. Powell confirmed that tapering can start by end of this year, but interest rates wi...
WTI before OPEC+ meeting
US hurricane has subsided, market balancingYesterday, the US crude oil price was once under pressure after opening higher, following the downgrade of Hurricane Ida to Class 1, to touch a daily low at $67.62. Earlier, offshore oil platforms, oil...
USDCAD and Oil!
Oil up to lift the Loonie! As Storm hit the production in Mexico the explosion in Kabul increased the Risk in the Middle East, Oil rose and hold its uptrend, despite the volatility of Stock Markets, which is not in the favor of the Oil market.&n...