China Worries the Markets
The results of the Chinese Communis Party's Congress shook the markets, while the JPY weakened even after the interventions were conducted
Tag - wti - west texas intermediate
What Can Drive Oil below $90 a Barrel?
The past two years have seen the biggest swings in oil prices in 14 years, which have baffled markets, investors, and traders due to geopolitical tensions and the shift towards clean energy.
Why Didn't Oil Prices Calm Despite OPEC+ Attempts?
After months of pressure from the White House, Saudi Arabia relented and agreed with other OPEC+ members to increase production.
Is the Oil Rally Over?
On Thursday, June 2, the Organization of the Petroleum Exporting Countries Plus (OPEC+) agreed to boost output by 648 000 barrels per day (bpd) in July and August…
Why is Oil's Rally in Danger?
Yes, oil prices are burning right now, and inflation is getting hotter along with it worldwide. However, the oil's bullish momentum is under threat.
What will move the market on August 23-27?
After an extremely volatile week in the markets, traders await the next steps of the USD and stocks. What drivers will move the assets next week? Lets’ find out!
