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Oil refinery

Crude Oil Week Ahead: Ceasefire Uncertainty

Crude Oil Week Ahead: Crude oil prices gained 4% last week, closing near $71.70 as escalating strikes in the Middle East fueled uncertainty around a potential ceasefire or further retaliatory actions. With strong upside risk, oil prices are expected to navigate a busy week packed with key events related to employment and economic growth indicators.

Oil rig on an grey day

Crude oil testing key level following Saudi price cuts

US crude oil prices were hammered to start the trading week, undermined by news major exporter Saudi Arabia has reduced the price for benchmark Arab Light crude for delivery to Asia to the lowest level since late 2021.

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January 8, 2024 06:51 PM
Gold nuggets

Gold 2024 Technical Outlook Preview

Objective 2024 gold targets are at $2200 and $2360. Will it get to these targets? I wouldn’t bet against it, that’s for sure...

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December 30, 2023 08:45 AM

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Congress building

US open: Stocks tumble as inflation unexpectedly rises

Stocks are set for a steeply lower start after the keenly awaited CPI data showed that inflation unexpectedly rose in May to 8.6% YoY a fresh 40 year high.

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June 10, 2022 08:26 AM
Congress building

US open: Futures fall as jump in oil stokes stagflation fears

US stocks point to a weaker start after oil prices rise over $120, fuelling stagflation fears.

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March 7, 2022 08:45 AM

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