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news-01082024-093149

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...
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Crude Oil Technical Analysis: Impact of Weak US NFP Report on Sentiment | Forexlive

Crude oil has been performing well in the market since hitting a low point in early June. Factors like OPEC's extension of output cuts, global economic activity, and potential central bank policy changes have...
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Natural Gas Losses Bottoming Out Despite Seventh Day in Negative Territory

Natural Gas has been facing a losing streak for the seventh consecutive day, with prices continuing to drop. The reason behind this decline is the fact that European gas storages are filling up rapidly,...
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Oil Prices Struggle to Reach $80 Amid Strong Resistance

Oil prices have been experiencing some fluctuations recently, with no major news driving prices up. Traders are closely monitoring how the shift towards Electric Vehicles will impact oil demand in the medium to long...
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Gold Price Drops Following Release of U.S. Producer Prices Data

Gold prices took a hit on Thursday following the release of U.S. producer prices data. The U.S. Federal Reserve recently announced that they would only be cutting interest rates once this year, which is...