Page 7 - Commodity Strategy News Today

Economic concerns have sent oil traders rushing for the exit and increased the likelihood of extreme volatility in oil prices.

RBC Capital Markets' strategist Helima Croft shares her view on the oil price following a dip to sub $70 a barrel level last week.

Oil prices rose 2% as U.S. recession fears eased. Brent crude and U.S. West Texas Intermediate gained, supported by a healthy jobs report. Find out more about the market conditions, demand, and supply outlook in OPEC's latest report.

Higher interest rates and falling demand for consumer goods have led to diesel demand falling, leading analysts to warn of a recession.

While the dividend increase is attractive, the oil price uncertainty might not be enough to attract investors.

Bart Melek, Head of Commodity Strategy at TD Securities (TDS) beileves that there is no sustained downtrend in crude oil prices, despite the latest se

Four of the leading oil ETFs saw the longest streak of withdrawals in eight months, a trend that some analysts put down to profit-taking.

When OPEC+ shocked oil markets with a surprise production cut, it was following through on a promise made by Saudi Arabia in 2020.

Oil prices dipped slightly on Monday morning, as traders attempt to come to grips with what the OPEC+ cut really means for oil markets.

As Joe Biden looks on powerlessly, one of the biggest winners from the oil cartel’s power play is likely to be Vladimir Putin.