Crude Oil, WTI, OPEC+, DOE Inventory Data, NFPs - Talking Points:WTI crude oil prices are heading for the best week since late FebruaryOPEC+ output cuts, shrinking DOE inventories propel oil on WednesdayAhead, oil...
Looking at the S&P index on the hourly chart above, the rally on Monday and Tuesday saw the price extend toward the 38.2% retracement of the move down from the September high. That...
OIL PRICES FORECASTOil prices blast higher on reports that OPEC+ will deliver a substantial output cut this week to support the marketWTI and Brent’s near-term outlook appears to be improving following the steep...
Euro Zone Aug Producer Prices Rise Slightly More Than ExpectedEuro zone producer prices jumped slightly more than expected in August, data showed on Tuesday, driven mainly by continuously rising energy costs, but price...
