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Oil prices are under pressure as global demand falters and non-OPEC supply rises. The OPEC+ meeting this week will be pivotal for any potential production cuts. Saudi Arabia is expected to cut crude...
The phrase “Drill baby drill” has been around for a long time, but Trump embraced it during his recent campaign to describe the approach to drilling for oil that would be taken by his administration....
OPEC+ meet this week to discuss output policy for 2025, which will be important for price direction. Meanwhile, European gas prices moved higher on Friday with concern growing over a...
Gold Gold headed higher as predicted to strong resistance at 2648/52 and shorts needed stops above 2657. This was tricky as Gold hit 2658 on the release of the inflation data in the US. I hope...
There’s a lot to be thankful for in the Energy Report world this year. Not only do we have at least a ceasefire agreement between Israel and Hezbollah giving us a ray of hope that maybe we can find a...
A higher beta CAD/JPY cross pair can be considered as a macro theme play in line with a potential risk-averse environment triggered by Trump’s trade tariffs. Technical analysis suggests a potential...
As expected, Israel and Hezbollah announced a 60-day ceasefire agreement and plans to discuss a longer-lasting peace agreement. The oil market is assessing the new dynamics and how it impacts the...
Nothing like trade wars and real wars to create volatility in the markets on a traditional volatile Thanksgiving week. President Trump caused a moment of panic after he warned of bigly tariffs on...
Oil prices rose in early European trade following a drop on Monday. OPEC+ is set to meet on December 1st to discuss a potential oil cut rollover into 2025. Technically, Brent Crude has been in a...
Trump vows tariffs on Canada, Mexico and China Dollar gains, loonie tumbles the most among majors RBNZ expected to deliver another bold rate cut Trump Threatens Canada, Mexico and China With...
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