Tag: OIL
Boon to the Oil-correlating assets
The Canadian Dollar has rallied, like other commodity currencies, amid rising global stock markets.
Front-month WTI crude prices also hit a new high at $35.77,...
Oil & Geopolitics
The WTI crude futures have tipped lower by over 3% in the Asia session today, posting a 6-day low at $31.55, extending the correction...
Positive Factors Pushing USOil above $30
USOil, H4
Oil prices have risen continuously since the big price drop in late April, as the May Futures contracts expired and the concerns over...
Pessimism ahead of the US Oil giants earnings
The major Oil companies are reporting earnings on Friday for Q1 earnings. Both ExxonMobil and Chevron will be in the spotlight due to the...
FX Update: Oil-correlating currencies pressured
Oil currencies have come under pressure concomitantly with crude prices hitting 21-year lows, while most Dollar pairings and associated crosses have been trading in...
All eyes on Commodity Currencies
Asian stock markets are lower, while European and US equity index futures are showing losses of around 3%. Data out of Asia today were...
