Tag: Energy markets
Understanding the Impact of Global Macro Flows on Recent Oil Price Trends
Energy markets are currently experiencing a situation where the rise in oil prices is not reflecting a significant increase in supply risk premia, according to TDS commodity strategist Daniel Ghali. Through an analysis of...
Crude Oil Technical Analysis: Key Breakout Boosts Bullish Momentum
Crude oil prices have been on the rise after surpassing the crucial $80 resistance level, driven by various positive factors in the market. The decision by OPEC+ to extend voluntary output cuts, along with...