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WTI rebounds to near $68.00 amid Middle East geopolitical risks
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $67.90 on Tuesday. The WTI price recovers amid the rising geopolitical tensions in the Middle East after the downfall of Syrian President Bashar al-Assad.
Fxstreet
Dec 10, 2024
Russia's largest oil producer criticizes OPEC+ cut policy – Commerzbank
The head of Russia's largest oil company says that the production cuts by OPEC+ in 2016 and 2020 have strengthened the US shale oil industry and enabled the US to become a leading oil exporter, Commerzbank’s commodity analyst Carsten Fritsch notes.Fxstreet
Dec 6, 2024
Crude Oil flirts with weekly loss as OPEC+ decision fails to provide support
Crude Oil dips below $68.00 on Friday as selling pressure persists once OPEC+ has officially confirmed it will only delay its output normalization schedule by three months. That was the consensus view of markets, and investors took it as far too little inFxstreet
Dec 6, 2024
Gold price ticks higher ahead of US Nonfarm Payrolls report
Gold price (XAU/USD) recovers intraday losses and edges higher to around$2,640 in European trading hours on Friday ahead of the United States (US) Nonfarm Payrolls (NFP) data for November, a key release to get more cues about which direction US interest rates could be heading to.Fxstreet
Dec 6, 2024
WTI struggles near weekly low, below $68.00 mark as traders await US NFP report
West Texas Intermediate (WTI) US Crude Oil prices remain under some selling pressure for the third consecutive day on Friday and trade near the lower end of the weekly range, around the $67.80 region during the Asian session.Featured Tools
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