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China's high crude Oil imports are also flowing into stockpiling – Commerzbank
China's crude Oil imports were again strong in June: according to customs authorities, 49.9 million tons were imported, 7% more than in the previous month, Commerzbank's commodity analyst Barbara Lambrecht notes.
Fxstreet
Jul 15, 2025
Gold Price Forecast: XAU/USD holds gains above $3,340 with US inflation on tap
Gold (XAU/USD) correction has been limited at $3,340, and the precious metal is retracing previous losses on Tuesday, approaching three-week highs at $3,380 as US Treasury yields and the US Dollar pull back from recent highs ahead of the US CPI release.The US Dollar Index, which measures the value o
Fxstreet
Jul 15, 2025
IEA surprises with significantly higher oil production from Saudi Arabia – Commerzbank
The International Energy Agency has slightly lowered its forecasts for oil demand. It expects an increase of 700,000 barrels per day for this year and next. This is the smallest increase since the slump in 2020 during the coronavirus pandemic.
WTI dips below $66.00 as Trump gives a deadline on sanctions to Russia
Crude Oil Prices reverted to previous gains on Monday, and dropped to session lows at $65.40 on Tuesday’s early trading, as Trump gave a 50-day deadline to apply further sanctions to Russia, which eased market concerns about supply.The price of the US benchmark West Texas Intermediate reached three-
The Oil market doesn’t buy the secondary tariff threat – ING
ICE Brent settled a little more than 1.6% lower yesterday, taking prices back below US$70/bbl, despite President Trump’s “major statement” on Russia. Trump threatened to impose secondary tariffs of 100% on Russia if President Putin didn’t make a deal within 50 days to end the war in Ukraine.Fxstreet
Jul 15, 2025
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $65.73 per barrel, down from Monday’s close at $65.83.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $68.42 after its previous daily close at $68.50.Gold Price Forecast: XAU/USD gains momentum to near $3,350 ahead of US CPI release
The Gold price (XAU/USD) gains ground to near $3,350 during the early Asian session on Tuesday. The precious metal edges higher amid safe-haven demand after US President Donald Trump threatened 100% Russia tariffs.Fxstreet
Jul 15, 2025
WTI drifts higher to near $66.00 as Trump threatens Russia with new sanctions
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.90 during the early Asian trading hours on Tuesday. The WTI price edges higher amid concerns over the United States' sanctions on Russia that may affect global supplies.Gold slips despite trade war escalation as Trump is open to talks
Gold price slides some 0.19% on Monday as the trade war escalates despite ongoing meetings with several fronts between the White House and trade partners, which now include the European Union (EU) and Mexico. At the time of writing, the XAU/USD trades at $3,347.Fxstreet
Jul 14, 2025
WTI Oil hits fresh multi-week highs above $68.00 amid looming sanctions on Russia
Crude Oil prices extended gains on Monday, reaching levels beyond $68.00 for the first time since late June, supported by a mix of highly likely sanctions by the US against Russia, strong macroeconomic data from China, and news that the OPEC+ might pause supply hikes from October.Trump announced a “Featured Tools
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