Oil slips further, gold treading water

Posted by Craig Jun 7, 2023 Share 0

Oil remains under pressure after Saudi cut Oil prices are falling again today as Saudi Arabia's att...

OPEC+ not as unified as it appears

Posted by Craig Jun 5, 2023 Share 0

Oil pares gains as traders question OPEC+ unity The Saudis got their output cut after intense negot...

Podcast – Huge NFP number but the US jobs report wasn’t all bad

Posted by Craig Jun 2, 2023 Share 0

OANDA Senior Market Analyst Craig Erlam joined Jonny Hart and Trader Nick to discuss the US jobs rep...

Energy traders afraid to be short heading into OPEC weekend meeting

Posted by Ed Jun 2, 2023 Share 0

JMMC and OPEC+ ministerial meeting  on Sunday June 4th Gold's weekly gain hurt as traders pr...

Oil pares losses, gold eyes nonfarm payrolls

Posted by Craig Jun 1, 2023 Share 0

Oil tests lows as traders not deterred by Saudi warnings Oil prices have rebounded off their lows t...

Oil finds support, Gold rallies into NFP, Bitcoin struggles

Posted by Ed Jun 1, 2023 Share 0

Gasoline fell on a weekly basis but increased by 1.3% with the 4-week average US crude invent...

Stocks lower as debt deal and more Fed tightening has economy recession bound

Posted by Ed May 31, 2023 Share 0

US stocks are falling as the expected debt deal will prove to be negative for the economy as limited...

Gold rallies as debt deal progress sends Treasury yields lower

Posted by Ed May 30, 2023 Share 0

Russian oil shipments weaken but still well above last year's average Gold finds support afte...

Oil prices dip with eye on OPEC, gold higher after debt ceiling deal

Posted by Craig May 30, 2023 Share 0

How much sway does Saudi Arabia still have? Oil prices are slipping on Tuesday as traders weigh u...

Podcast – Hawkish Economic Data, U.K. chancellor Hunt’s support of BOE tightening, and Nvidia’s AI boom

Posted by Ed May 26, 2023 Share 0

OANDA Senior Market Analyst Ed Moya reviews the latest market news with Jonny Hart and Trader Nick. ...

Oil volatile after a week of mixed messages, US inflation bad news for gold

Posted by Craig May 26, 2023 Share 0

Oil markets volatile ahead of OPEC+ meeting next weekend Oil prices are recovering slightly after a...

Oil higher on debt deal optimism and resilient US economy, gold struggles, Crypto steadies

Posted by Ed May 26, 2023 Share 0

Energy traders carefully monitoring for any Russian-Saudi tensions Hawkish data and debt deal...

Oil slides over OPEC, gold falls after FOMC minutes

Posted by Craig May 25, 2023 Share 0

Russia cools talk over OPEC+ output cut Oil prices are sliding again on Thursday after the Russia...

Oil prices rise after Saudi warning, gold steady ahead of FOMC minutes

Posted by Craig May 24, 2023 Share 0

Oil continues higher as short-sellers warned to "watch out" Oil prices are trading higher again on ...

Oil sellers fret over Saudi threat, API Inventory decline 6.799 million barrels

Posted by Ed May 23, 2023 Share 0

API inventory data posts 6.799 million barrel drop vs 0.525 million expected build, Cushing rise...

Oil edges higher, gold remains supported at $1960

Posted by Craig May 23, 2023 Share 0

Oil edges higher after fresh warnings from Saudi Energy Minister Oil prices have nudged higher toda...