WTI crude oil remains under pressure, while natural gas has reached its target support and shows signs of a potential rebound ...
These developments also highlighted the potential impact on oil supply chains ... could set the stage for higher prices. The daily chart for USD/CAD shows that the pair has broken out of the ...
USD/CAD loses ground as a result of a downward correction in the US Dollar. The US Dollar Index retreats from its multi-year high of 108.58, reached on Tuesday. The commodity-linked CAD receives ...
Oil prices fell on Wednesday, with the U.S. benchmark settling at its lowest year to date, after domestic crude stockpiles in ...
Oil prices settled up on Tuesday, bouncing back from multi-week lows, after the White House reaffirmed U.S. President Donald ...
Oil prices will fall to an average of $65 per barrel in 2025 amid an oversupply of crude and a backdrop of slowing demand as countries shift toward cleaner energies and forms of transportation ...
WTI Oil price ... fuel demand. However, the downside of the USD/CAD pair could be limited as the US Dollar (USD) gains ground amid the Federal Reserve’s (Fed) hawkish policy shift.
(Reuters) -Oil prices are likely to be constrained ... While an economic recovery in China is anticipated, the shift to electric vehicles is likely to limit demand growth," Sehul Bhatt, director ...
Meanwhile, with Canadian data in short supply CAD investors will likely focus on oil price dynamics and any more news about tariffs from Donald Trump. Concerns about the impact of tariffs on the ...
Crude oil prices were in ... Agency forecasts that supply from non-OPEC countries is expected to rise by 1.9 million barrels per day in 2024, comfortably outstripping demand growth.
Supply-chain ... mark a seismic shift from how oil companies were performing at the start of the pandemic. The first wave of lockdowns saw demand for energy crater. Crude oil prices even turned ...