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Oil prices are in the red just ahead of the Producer Price Index numbers and US Retail Sales, after crude briefly tried breaking $80.00 on Tuesday. The drop in US inflation numbers trembled the markets and saw equities and bond prices soaring
Oil prices have already lost over 20% of value after briefly hitting $94 at the end of September. Oil prices are getting battered as OPEC+ looks unable for now to provide any incentive for the markets to push Oil pr
Crude Oil fell below the $83 support and sold off following the disappointing US labour market data. What’s next?
Oil prices trades at session low as traders are punishing the commodity after a reaffirmation from Saudi Arabia and Russia that supply cuts will remain for at least until December. Traders are not surprised anymore by the
Crude Oil erases all the gains of the past three weeks and breaks below the key $83 support.