crude oil

England’s most-legendary soccer team Manchester United PLC (NYSE: MANU) shares holding the previous week gains. The soccer club announced mixed fourth-quarter results On Friday, 17 September. The club posted a quarterly loss of £107.7 million, while revenue climbed 15% to £94 million...

U.S. Crude Oil: In this weeks iTrade Weekly report I said: "The daily and H1 trend is down, but H4 remains up at close of trade this week. But H4 looks set to trigger a sell signal, and when it does, all three time frames will be confluent and pointing downwards." The H4 chart did, indeed...

US Oil WTI prices slightly retreat from the daily highs. On the downside, any meaningful pullback now seems to find some support near the 72.40/10 area, below which the slide could further get extended towards the 71.80/30 regions.

Crude oil trading provides excellent opportunities for profit in most markets due to its importance and unique position in the global economy and political systems. Additionally, the energy sector has witnessed sharp fluctuations in the past, ensuring solid trends that can generate stable...

Crude oil futures slightly retreat after hitting a new session high on Tuesday following the OPEC+ failed to agree on a deal to increase production. OPEC's Secretary-General Mohammad Barkindo said in a statement on Monday the meeting had been cancelled. “We cannot extend the agreement or...

The markets in the U.S. will be closed on Monday in observance of the Independence Day holiday. However, other foreign financial and currency markets are expected to remain open for trading. EQUITIES European shares started the new on a positive note while the Chinese shares traded mixed...

US stock futures climb to a fresh weekly high on Friday ahead of the US NFP report, due later during the early North American session. NFP measures employment levels in the United States that does not include farm workers, private household employees, or non-profits. The market participants are...

This week the main highlights of the economic calendar will be the US NFP, UK GDP, OPEC meeting and manufacturing PMI numbers from UK, US, and Eurozone. Earnings to watch: BBBY & MICRON

GOLD and Silver prices rebounded. Oil prices struggling to find the upside momentum. GBPUSD and EURUSD slightly recovered from the fresh monthly lows. Global stocks remain under pressure driven by the recent inflation pressures. Read more- https://gulfbrokers.com/en/daily-market-report-331

US dollar index steady ahead of US retail sales report. GOLD price remains under pressure after the previous session sell-off. AUDUSD slips after RBA minutes. WTI rebounds back above $71, focus shits to API data. technical analysis - USD and Gold Read more-...

US oil price benchmark West Texas Intermediate (WTI) gained more than 6% since the start of June and reached the highest level since 2018. Read my detailed fundamental and technical analysis of WTI here - https://gulfbrokers.com/en/us-oil-trades-above-70-mark-can-the-rally-last

Crude Oil prices steady above 2- year high ahead of OPEC meeting. Gold price jumps to 5- months high. AUDUSD slips after the RBA decision while EURUSD trading strong. Technical analysis of USD and Gold. Read more- https://gulfbrokers.com/en/daily-market-report-318 Read

Global markets flat as US and UK public holidays subdue trading. Gold and oil price hold gains from the previous week. GBPUSD slightly retreat while EURUSD is unchanged. Read more- https://gulfbrokers.com/en/daily-market-report-317

The US dollar underperformed all the major currencies last week and plunged to a fresh monthly low following the disappointing US employment report. The jobs report showed that the U.S. economy added only 266,000 jobs compared to the expectations of more than 970,000 and the unemployment rate...

Crude oil prices climb above the previous month high on Wednesday supported the successful COVID-19 vaccine rollout in the US and UK and more stimulus measures could aid economic recovery which will boost oil demand in the near future. On the negative side, investors continued to monitor a...

Crude oil prices slightly rebounded from the early session lows. During the Asian session, the oil prices fell after the re-floating of the Ever-Green vessel that was stuck along the Suez Canal. The container ship Ever Given has been partially floated and straightened in the Canal. EQUITIES...

Crude oil prices dropped more than 8% this week and on Thursday, the West Texas Intermediate Crude oil price fell 7% that marked its largest daily percentage loss since September. The recent sell-off fuelled by a slowdown in the European vaccine rollout and a “third wave” of COVID-19 is being...

Crude oil prices started the new week slightly higher. During the last week, the oil prices ended lower after larger-than-expected crude oil inventory builds in the US. Both API and EIA inventory data showed that crude stockpiles in the US increased by 2.6 and 4.351 million barrels in the week...

"It is a great New Year present for the whole oil industry," Russian Deputy Prime Minister Alexander Novak said on the second day of 13th OPEC and non-OPEC Ministerial meeting. Crude oil price climbed to 11-month highs boosted by the compromise deal between the Organization of Petroleum...

Recently, crude oil prices enjoyed 4 consecutive week rally after upbeat vaccine news. The rally also supported by the Biden’s victory in the hopes that he will soon announce a large fiscal stimulus package that could support demand for oil. Development of the Oil market (Jan 20 – March 20)...