Tag - wti - west texas intermediate

OIL: hoping for a deal
OIL: hoping for a deal

OPEC+ is holding a video conference this Thursday to strike a global output cut deal - will that happen?

April 9: oil day
April 9: oil day

Most of the currency pairs are in a consolidation, oil is waiting for the OPEC+ deal.

April 8: USD moderately up
April 8: USD moderately up

Middle of the week, no big news, USD slightly up, GBP prone to weakness as the British PM still in ICU

OIL: status update
OIL: status update

So are Russia and Saudi Arabia going to strike a deal? And where is the US?

April 6: weaker JPY and GBP
April 6: weaker JPY and GBP

The week starts with weaker JPY and GBP, USD stays strong, gold rises to $1,620, and oil hopes for OPEC+ supply cut resolution.

OIL: it started
OIL: it started

WTI was at $20 per barrel just in the beginning of the day. Currently - above 25$.

USD staying strong on April 2
USD staying strong on April 2

USD is almost the only currency showing confidence in Forex on April 2, currencies of developing economies losing ground, WTI oil slightly up from $20

OIL: lying low
OIL: lying low

Are we going to see even cheaper oil? Possible. Read the article to have an idea.

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