Oil declines as US Dollar strengthens whilst crude inventories rise
Oil price edges lower on Thursday, trading about a fifth of a percentage point down at the time of writing, after the US Dollar – which Oil is primari
Source: fxstreet.com
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Crude Oil Prices Fall on Soft Fed Energy Report, Eyes on US Jobless Claims Next
Crude oil prices fell after a disappointing energy survey from the Federal Reserve. Over the remaining 24 hours, WTI remains vulnerable to a nasty surprise in US jobless claims.
Source: dailyfx.com
Crude Oil Prices Steady as Focus Remains on Broader Markets
Geopolitical tensions provide support for oil prices, while a strong rebound is unlikely until the banking crisis dissipates.
Source: fxempire.com
Crude Oil Prices Face Competing Themes: Cooling Bank Volatility & Fed Policy Bets
Crude oil prices traded flat on Thursday amid competing fundamental headlines. While financial sector volatility cooled, markets also priced out some Fed rate cut bets.
Source: dailyfx.com
Crude Oil Faces Perfect Storm if US Inflation Pours Gasoline on Uncertainty Flame
Crude oil prices extended losses during Tuesday’s Asia-Pacific session. Market uncertainty may be pushed further if another sticky US inflation report reinvigorates Fed rate hike bets.
Source: dailyfx.com