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Crude oil traders brace for potential volatility amid geopolitical tensions and OPEC+ disagreements. Key support and resistance levels may guide near-term trading strategies amid shifting supply...
Ahead of the Federal Reserve’s interest rate cut in September by 50 basis points, to a new 4.75% – 5% range, the stock market experienced volatility. This was to be expected, as it is embedded into...
The oil market sold off aggressively yesterday after Israel’s measured response over the weekend. While it is still not clear if and how Iran will retaliate, the market is clearly of the view that...
Energy – Large US crude build Having sold off more than 1.4% yesterday, ICE Brent bounced back this morning and edged towards $76/bbl. The market continues to be caught between supply risks related...
Yes, that has been our advice since mid-August. Our August 19, 2024 Morning Briefing was titled, "Get Ready To Short Bonds?" We wrote: "Bond investors may be expecting too many interest-rate cuts...
Energy – API reports oil inventory draws NYMEX WTI hovered near $70/bbl while ICE (NYSE:ICE) Brent was trading just below $75/bbl this morning as market participants await fresh updates from the...
Energy - Brent falls below US$75/bbl ICE (NYSE:ICE) Brent extended its decline for a third straight session with prices falling sharply by almost 4% in the early trading session today as the risk...
Oil prices continue to deflate while war tensions are very much anchored in place between Iran and Iraq. There is no doubt that we two groups of traders are currently moving the prices. One of them...
Rising oil prices driven by geopolitical tensions heighten investment interest in the energy sector The potential for disruptions in oil exports from the Middle East raises concerns about global...
A potential strike on Iran's oilfields amid escalating Middle East tensions sparked a rally in oil before profit-taking ensued. Meanwhile, OPEC+ cuts also weigh on supply-demand dynamics. Key...
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