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Gold and crude oil prices fell on Thursday as UK fiscal tightening and US initial jobless claims data soured markets, boosting the US Dollar. What are key levels to watch ahead?
WTI prices continue yesterday’s rise on the back of surprising inventory drawdowns (EIA). Oil prices and inflation considered by the electorate ahead of US midterm elections
Crude oil prices fell on Monday despite Russia-Ukraine tensions escalating. Geopolitics remains a wildcard as WTI awaits Thursday’s US inflation report.
Crude oil prices are heading for the best week since Russia Invaded Ukraine. OPEC+ output cuts and an unexpected drop in US inventories boosted WTI on Wednesday before NFPs on Friday.
Crude oil prices rallied with gold and the S&P 500 after the Bank of England temporarily restarted quantitative easing. Markets eye a less-hawkish Fed. Are traders setting up for disappointment?