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Tag: Crude Oil WTI

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USD/CAD sticks to gains on stronger USD, remains below mid-1.3400s amid bullish Oil prices
The USD/CAD pair attracts some buying near the 200-day Exponential Moving Average (EMA) on Monday and sticks to its modest intraday gains through the Read full article
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WTI defends downside near $70.00 as Saudi’s fresh oil cuts disturb supply-demand mechanism
West Texas Intermediate (WTI), futures on NYMEX, rebounded firmly after defending the downside near $72.22 in Asia. The oil price has extended its rec Read full article
8h ago
fxstreet.com
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Crude Oil Futures: Scope for extra gains
Considering advanced prints from CME Group for crude oil futures markets, open interest rose for the fourth session in a row on Friday, this time by a Read full article
9h ago
Oil
fxstreet.com
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USD/CAD kick-starts BoC week on dicey floor above 1.3400 amid sturdy Oil price, US Dollar
USD/CAD aptly portrays the Loonie traders’ anxiety above 1.3400, up 0.05% intraday near 1.3435 at the latest, as the key week comprising the Bank of C Read full article
13h ago
fxstreet.com
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Futures Movers: Oil prices jump more than 2% after Saudi Arabia sets July production cut
Oil futures trade with strong gains Sunday evening, after Saudi Arabia announces it will cut production by another 1 million barrels a day in July. Read full article
15h ago
Oil
marketwatch.com
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WTI crude oil surpasses $73 amid OPEC+ and geopolitical events, despite firm USD
WTI crude oil pares intraday gains around $73.20, after the week started with a gap towards the north, as headlines suggesting challenges to the Oil o Read full article
16h ago
fxstreet.com
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04.06.2023
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Oil prices pop 2.5% after Saudi Arabia pledges more voluntary production cuts
Oil prices jumped following OPEC kingpin Saudi Arabia's decision to cut production by another million barrels per day. Read full article
16h ago
Oil
CNBC
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Higher gas prices could soon hit U.S. drivers as Saudi Arabia doubles down on oil production cuts
Saudi Minister of Energy Prince Abdulaziz bin Salman al-Saud arrives for the 186th Organization of Petroleum Exporting Countries (OPEC) meeting in Vienna on Saturday. Read full article
19h ago
Oil
Fortune
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Market Extra: Saudis to cut oil production by 1 million barrels a day in July as OPEC+ extends output deal
OPEC+ on Sunday says it will maintain production at current levels, while Saudi Arabia will cut output by an additional 1 million barrels a day in July. Read full article
21h ago
Oil
marketwatch.com
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OPEC+ sticks to 2023 oil production targets as Saudi Arabia announces further voluntary cuts
OPEC+ ministers met on Sunday to agree further oil production policy steps amid depressed oil prices. Read full article
22h ago
Oil
CNBC
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