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WTI moves below $81.50 as IEA forecasts a slowdown in Oil demand growth
The Forex Market· 2 hours agoWTI price depreciates as the IEA expects global Oil demand growth to slow in 2024 and 2025. IEA...
Oil Gains as U.S. Inventories Fall, OPEC Raises Growth Estimates
Barrons.com· 2 hours agoOil prices were rising after the latest data showed a fall in U.S. inventories and OPEC revised its...
Oil prices rise as dollar dips ahead of CPI data; US inventories shrink
StreetInsider· 1 hour agoInvesting.com-- Oil prices rose in Asian trade on Thursday, extending recent gains as weakness in the dollar ahead of key U.S. inflation data benefited price, while bets on tighter global supplies remained...
Morning Bid: CPI caution seems no barrier, sterling surges
Reuters via Yahoo Finance Canada· 2 hours agoPowell had any inkling of the June U.S. inflation readout when speaking to Congress this week, then...
USD/CAD holds ground around 1.3650 due to lower Oil prices, hawkish Fed
The Forex Market· 1 day agoThe commodity-linked CAD struggles as Crude Oil price continues its losing streak for the fourth...
Oil steadies as investors weigh mixed demand signals
Reuters via Yahoo Finance Canada· 11 hours agoOPEC in its monthly report on Wednesday kept its forecasts for world oil demand growth for this year and next unchanged at 2.25 million and 1.85 million...
Oil prices down on concerns Hurricane Beryl could hit U.S. demand
The Globe and Mail· 3 days agoOil prices settled down about 1% to a one-week low on Monday as Hurricane Beryl shut U.S. refineries...
TSX futures muted ahead of US inflation data
Reuters via Yahoo Finance Canada· 30 minutes agoMeanwhile, copper prices dropped amid concerns about the fragile demand outlook in China. [GOL/] {MET/L] Oil futures inched higher after U.S. refineries...
Wildfires boost Canadian crude oil prices as Suncor cuts production
Financial Post· 6 days agoCanadian crude oil prices rose for a second day after Suncor cut production at its Firebag oilsands...
Oil Stats Are All Over the Place; It’s a Problem for Investors and Environmentalists Alike
Barrons.com· 5 hours agoOPEC also released its monthly outlook on Wednesday, and came to a very different conclusion—oil...