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WTI moves below $83.50 amid expectations of increased supply, US NFP awaited
The Forex Market· 3 hours agoWTI price inches lower as recent data showed that OPEC increased production in June. Negotiations...
Oil prices on track for fourth straight week of gains
Reuters via Yahoo Finance Canada· 9 hours ago(Reuters) -Oil prices edged lower on Friday but were trading near their highest since late April and...
Oil Headed for Weekly Gains on Summer Demand, Fed Rate-Cut Hopes
Barrons.com· 3 hours agoOil prices were on track for weekly gains on signs of strong demand over the summer and hopes that...
U.S. Oil Growth Is Slowing. What’s Next for Prices.
Barrons.com· 5 hours agoWith fewer operators competing feverishly for market share, some analysts expect overall production to grow more slowly. Oil companies have already been...
Oil prices up 2% to two-month high on summer demand hopes, supply worries
StreetInsider· 1 hour agoIsrael and Iran-backed Hezbollah have been trading fire since the start of the Gaza war, and concern is rising that an all-out war could break out between the two sides.
TSX futures rise ahead of US employment data
Reuters via Yahoo Finance Canada· 11 minutes ago[MET/L] [GOL/] Oil futures were near their best day since late April, driven by robust summer fuel demand and some supply concerns. [O/R] Across the...
World food prices hold firm in June, UN's FAO reports
Reuters via Yahoo Canada News· 3 hours agoROME (Reuters) -The United Nations world food price index held steady in June data showed on Friday,...
Oil Near Two-Month High as Equities Soar and US Stockpiles Draw
Bloomberg via Yahoo Finance Canada· 2 hours ago(Bloomberg) -- Oil traded near a two-month high with global equity markets at a record and shrinking...
North Sea oil producers urge Labour's Starmer for tax clarity
Reuters via Yahoo Finance Canada· 1 hour agoNorth Sea oil and gas producers urged Britain's incoming Prime Minister Keir Starmer to provide clarity on his election promise to increase tax...to a rapid decline in output ...
USD/CAD falls toward 1.3600 ahead of employment data
The Forex Market· 4 hours agoUSD/CAD depreciates as softer US data raising speculations of the Fed reducing rates in 2024. US Nonfarm Payrolls are forecasted to show an increase of...