Oil trading

  • Forex

USD/CAD Eyes 1.3600 Amid Market Volatility

Quick Look: USD/CAD rebounds near 1.3590, aiming for a recovery after recent dips. Speculation arises on USD/CAD's potential to test… Read More

1 month ago
  • Commodities

Managed Money Traders Cut Canola Shorts by 11k

Quick Look: The Canola market sees a notable shift in trader activity based on the mid-March report. Managed money net… Read More

1 month ago
  • Commodities

Canola Market Dynamics: 60,000+ Contracts Traded

Quick Look Minor downtrends in canola prices were observed across several future contracts during Wednesday's session. The market highlighted its… Read More

2 months ago
  • Forex

USD/CAD Edges Up to 1.3484 Amid Economic Shifts

Quick Look USD/CAD closed at 1.3484, slightly above its opening price, amidst a fluctuating oil market. WTI oil was priced… Read More

2 months ago
  • Commodities

Wheat Sales to China Halted: Prices Tumble to 2020 Low

Quick Look The latest cancellation involves 264,000 metric tons of U.S. soft red winter wheat, marking the third in recent… Read More

2 months ago
  • Forex

Key Events to Sway USD/CAD: BOC Holds at 5%

Quick Look Upcoming speeches from FOMC members and the Fed Vice Chair could sway market sentiments. Key economic data releases… Read More

2 months ago
  • Forex

Sideways USD/CAD Awaits Key 1.3608 Breakout

Quick Look USD/CAD trades sideways around 1.3570 amidst mixed economic signals. Key resistance at 1.3608; breakout could target 1.3655 and… Read More

2 months ago
  • Commodities

Metals: Copper Hits Lowest Charges Since 2013

Quick Look Copper treatment charges in China hit a low of US$19.8/ton, the lowest since 2013, indicating smelting overcapacity. China's… Read More

2 months ago
  • Commodities

Essential Food Prices Surge Ahead of Ramadan in Indonesia

Quick Look Bangladesh sees price increases in essentials despite government efforts to reduce import duties. Prime Minister of Bangladesh blames… Read More

2 months ago
  • Commodities

Oil Dips to $76.27 Amid Dollar Strength and Rate Fears

Quick Look Brent crude futures dipped to $81.48 a barrel, while U.S. WTI crude dropped to $76.27. A stronger dollar… Read More

2 months ago
  • Commodities

Metallurgical Coal Price Rockets 40.3% to $315/Ton

Quick Look Australian metallurgical coal price leaps to $315 per metric ton, marking a 40.3% increase from its 2023 low.… Read More

2 months ago
  • Commodities

2024 Global Oil Market: A Dynamic Outlook

Quick Look Standard Chartered forecasts a significant call on OPEC at 1.8 million barrels per day. OPEC Secretariat estimates even… Read More

2 months ago
  • Stock Markets

Markets Wobble: Nasdaq Dips 0.2%, Tech Tumbles

Quick Look Nasdaq 100 futures dipped by 0.2%, signalling a cautious market sentiment. Significant after-hours movements: Palo Alto Networks plummets… Read More

2 months ago
  • Commodities

Commodities: Gold and Oil Amidst Rate and Tension Dynamics

Quick Overview Gold's value remains above $2,000/oz amid anticipation of the Federal Reserve's interest rate decisions. A decrease in gold… Read More

2 months ago
  • Economy

2.6% GDP Growth: Russia Defies Sanctions in 2024

Quick Look Russia's GDP is on the way to grow by 2.6% in 2023, surpassing previous years' forecasts. The defence… Read More

2 months ago