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Oil prices rebounded slightly after weeks of losses, but remain pressured by supply concerns. Key events this week like US inflation data and Fed decision could impact oil prices through the...
Gold has broken out against Oil and is inches from breaking out against the equal-weighted Commodities index. It has already crushed Bonds. Is the stock market next?
It is always interesting when commodity prices rise. The market produces various narratives to suggest why prices will keep growing indefinitely. Such applies to all commodities, from oil to orange...
Oil prices are trying to bottom, again, as OPEC Plus tries to calm the markets surrounding its oil production cut tapering plans and after the Energy Information Administration (EIA) report that...
A few months ago, Gold completed what, in time, will be viewed as the biggest Gold breakout in 50 years. It does not get any bigger or more significant than a breakout from a 13-year cup and handle...
While the petroleum markets try to shake off an almost ridiculously bearish weekly American Petroleum Institute (API) that showed a larger than expected 4.05-million-barrel increase in crude supplies...
Over the weekend, OPEC+ decided to extend oil production cuts. But, oil prices continue to head lower. Several factors are weighing on oil prices and WTI is currently targeting the $70 area. Invest...
OPEC Spins Barrels like plate spinners trying to dazzle the market without breaking anything. While the market seems confused as to what this meeting accomplished, and the tiers of many production...
Oil prices had a terrible month in May as demand concerns continue to plague the market as we head into a new era of uncertainty. On one side, we had disappointing numbers come out on diesel and...
Patterns like the one that Crude Oil is currently forming “usually” take place prior to market reversals. The bear characteristics of the market still prevail though and the bulls need a serious...
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