News
Important Only
Crude Oil trades stuck at $68 level ahead of API stockpile data
Crude Oil trades broadly flat on Wednesday after an attempt on Tuesday to bounce off a supportive floor level near $68.00. The support came in the form of the monthly OPEC report, in which the Petroleum Exporting conglomerate penciled in aFxstreet
Wed, Nov 13
Silver Price Forecast: XAG/USD climbs closer to $31.00 mark, upside potential seems limited
Silver (XAG/USD) builds on the previous day's bounce from the $30.20-$30.15 area, or its lowest level since October 8 and gains some follow-through positive traction during the Asian session on Wednesday.Fxstreet
Wed, Nov 13
Gold nosedives after Trump victory – Commerzbank
The Gold price came under pressure in the immediate aftermath of Donald Trump's election victory and, with a decline of almost 2%, recorded its largest weekly loss since the end of May, Commerzbank’s commodity analyst Carsten Fritsch notes.Fxstreet
Tue, Nov 12
Crude Oil finds cushion even as traders expect more downside under Trump
Crude Oil trades broadly in the green on Tuesday after briefly ticking below $68.00, trying to recover from two consecutive sessions of sharp losses. The Organization of the Petroleum Exporting Countries (OPEC) report released on Tuesday spelled out theFxstreet
Tue, Nov 12
OPEC's in trouble – TDS
MidEast risk appears substantially underpriced. Traders have concluded that this chapter in the Middle Eastern conflict has concluded, resulting in a sharp erosion of the supply risk premia baked into energy markets, TDS’ Senior Commodity Strategist Daniel Ghali notes.Fxstreet
Mon, Nov 11
