Key Points from This WeekUS Civil Unrest IntensifiesBlack Lives Matter protests, which sprung up in the wake of the killing of unarmed, black-American George Floyd last week, have raged for 10 nights...
The Crude Chronicles - Episode 41
Mixed EIA ReportWTI prices were seen extending their recent rally this week as global investor appetite continued to improve despite the ongoing unrest in the US. Oil prices have seen steady buying...
OPEC+ June Meeting: Level of Compliance, Demand Recovery Hint about Dovish Decision
Oil prices advanced by more than 2% on Tuesday on expectations that the June OPEC + talks would have a positive outcome for the market. The initial date for the meeting is June 9-10, but...
The Crude Chronicles - Episode 40
Rising Risk Factors Blunt Recovery OptimismThe crude oil market has retreated lower again this week following initial strength. Firmer risk sentiment at the start of the week, in response to...
The Crude Chronicles - Episode 39
Oil Demand Continues To RiseThe oil market has seen a further recovery this week amidst a broad pickup in risk sentiment as global stay-at-home measures continue to ease. Parts of America have been...
The Crude Chronicles -Episode 38
Oil Recovery Rally Loses SteamThe oil market has seen a week of heavily reduced volatility compared with price movements registered over the prior weeks. In the aftermath of the heavy selling which...
The Crude Chronicles - Episode 35
Negative Oil PricesCrude oil prices have seen record moves this week as the capitulation in concerns for the demand outlook resulted in a downside shock with prices breaking below $0 for the first...
The Friday Forex Takeaway - Episode 29
Key Points From This WeekFed Announces New Liquidity ProgramThe Fed announced a further set or surprise measures this week in the form of a $2.3 trillion corporate loan system. The funding has been...
The Crude Chronicles - Episode 33
Oil Demand Decimated by Covid-19 DisruptionFollowing the mild recovery seen in WTI price action last week, momentum has stalled with oil prices trading roughly flat so far on the week. The main driver...
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