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.
Tag - wti - west texas intermediate
Oil surged after OPEC meeting
Great news for oil bulls! OPEC and its allied producers agreed to expand output cuts for the next month.
USD surged after Fed's speech. NFP is eyed
The USD skyrocketed after Fed Powell’s speech. OPEC and allied producers agreed to extend production cuts for another month. Oil surged.
Oil is at 13-month high due to deep freeze in Texas
Bitcoin skyrocketed to another record, approaching the milestone of $50 000. Jump in to get the full market wrap!
Oil is back to pre-pandemic levels!
The global recovery increased the demand for crude oil and dragged the price to the pre-crisis levels.
Oil dropped on weak demand
Oil fell below $52.00 because investors expect a weaker oil demand amid rising Covid-19 infections and new lockdowns.
USD came under selling pressure
The US dollar’s weakness offered a boost to emerging-market currencies and oil.
Oil rally takes a break
WTI oil pulled back after it surged above $52.00 for the first time since February. What's next?
USD gets stronger due to new virus strain
The market sentiment deteriorated as the new Covid-19 variant engulfed the UK. As a result, riskier assets such as S&P 500, oil, the AUD, the NZD dropped.
OPEC+ decision is in focus
Investors are waiting for the significant decision of OPEC+ members to prolong oil output cuts or stop them.
Starting winter with optimism
EUR/USD, the S&P 500, gold, and oil - everything is here! Jump in!
Will oil rally continue?
Oil has surged to March highs amid optimistic vaccine news and the peaceful presidential transition. Read to know forecasts!