A huge container carrier blocked the entire Suez canal. Among many, there are oil tankers waiting to continue their way through the canal. How is WTI price reacting?
Tag - brent
Will the US dollar be able to keep strengthening? What is the outlook for EUR/USD, oil, and S&P 500? Watch the weekly video to find out!
The Turkish lira hugely dropped today, which pushed USD/TRY up to highs unseen since November 2020. Oil started recovering its losses after the worst week since October.
Oil plunged several percent on Thursday. They say, the bullish rally was just too aggressive. Let's trade the dip then!
OPEC+ shocked investors last week with its decision to prolong output cuts, whcih sent oil soaring. The question is when oil will fall?
Saudi Aramco site was hit by missiles on Sunday - no damage to oil supply was taken, but investor fear drove the price into the upside. Time to trade the cooling off then!
OPEC will hold a meeting on March 4, where it should announce its decision on further oil output.
Financial giants such as JPMorgan and Goldman Sachs anticipate crude oil to skyrocket as high as $100 as the global economy rebounds.
Apple will soon offer a platform for buying and selling cryptocurrency. S&P 500 surged to the record high above $3 900, crude oil continues rallying up. A lot of news came out! Jump in!
The US President was quite adamant about where he wants to take the US oil industry. What's the possible response from the oil price?
The gains the WTI oil price did recently are pretty outstanding. Use it - but read the analysis first.
The US dollar’s weakness offered a boost to emerging-market currencies and oil.