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Speculators reduced their bullish bets on the British Pound (GBP), trimming their net short exposure to nearly 34.4K ...
However, Tony Sycamore, a market analyst at IG, said that ongoing tensions in the Middle East and the risk of slowing global ...
The Israel-Iran cease-fire and avoidance of supply disruptions took much of the geopolitical risk premium out of the price.
In 2024, an average of 20 million barrels of oil per day, or about 20% of global petroleum liquids consumption, flowed through the Strait of Hormuz, a crucial oil chokepoint located between Oman and ...
DAX forecast pressured by war-driven risk aversion, tariff concerns, and data risks. Market sentiment hinges on geopolitical and economic signals.
WTI crude oil fell over 15% from recent highs, reaching $65 after breaking key trendline support. Click to read.
The spread between U.S. West Texas Intermediate and Brent crude futures narrowed to its tightest level since September 2023 on Friday as U.S. prices rose on a sliding rig count and Canadian wildfires ...
Analysts have marginally lifted their oil price forecasts after the flare-up of tensions in the Middle East, but rising OPEC+ ...
The technical front, nevertheless, is interesting on WTI Oil (West Texas Intermediate), and ultimately points to a moderate pullback before heading lower. Monthly Descending Triangle in Play ...
Oil prices tumbled sharply on June 24, with WTI crude futures sinking to $66 per barrel. Israel and Iran agreed to ceasefire, ...
It has been about a month since the last earnings report for W&T Offshore (WTI). Shares have added about 28% in that time frame, outperforming the S&P 500. Will the recent positive trend continue ...
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