Spotlight on OPEC+, gold eyes USD1850

Posted by Kenny Dec 3, 2020 Share 0

Oil near highs as OPEC+ nears compromise Oil prices are easing off a little following Wednesday's...

Oil awaits OPEC+ decision, gold little changed

Posted by Ed Dec 3, 2020 Share 0

Oil dips as OPEC+ dithers Crude prices are slightly softer as the latest OPEC+ saga unfolds, with...

Oil stalls on OPEC+ indecision

Posted by Craig Dec 2, 2020 Share 0

OANDA Senior Market Analyst Craig Erlam discusses oil prices which have stalled after reaching their...

Oil pulls back on OPEC talks

Posted by Craig Dec 1, 2020 Share 0

OPEC talks pushed back but prices remain elevated Oil prices are pulling back a little, as OPEC a...

OPEC+ drama sinks oil, gold steadies and Bitcoin eases off fresh record

Posted by Ed Dec 1, 2020 Share 0

Oil lower as OPEC deal remains elusive Crude prices remained heavy after OPEC+ had to postpone th...

Oil struggles over OPEC+, gold slides

Posted by Ed Nov 30, 2020 Share 0

Oil slides as OPEC+ debates production cut extension Oil prices are sliding as energy traders ant...

Oil steady ahead of OPEC meeting

Posted by Craig Nov 30, 2020 Share 0

Traders take profit as OPEC+ meets to discuss 2021 production plans Pre-meeting talks between a s...

Almost all quiet on the Eastern Front

Posted by Jeffrey Nov 27, 2020 Share 0

With the US closed for Thanksgiving and little to get excited about on the news front, the Asian ses...

Oil steady, gold under pressure

Posted by Craig Nov 26, 2020 Share 0

Profit-taking kicks in for oil It's been some month for oil, with three vaccines and various assu...

Crude rallies, gold scrapes higher

Posted by Jeffrey Nov 26, 2020 Share 0

Crude inventories propel oil higher Oil prices performed strongly again overnight, with Brent cru...

Surprise draw from EIA, gold goes tubthumping

Posted by Ed Nov 25, 2020 Share 0

Oil's upswing continues Oil prices held onto gains despite a wrath of US data that suggests the f...

Oil rally continues, gold consolidates

Posted by Craig Nov 25, 2020 Share 0

Oil creating OPEC+ buffer Oil prices are back at levels not seen since earlier in the pandemic, w...

Oil soars, gold continues to drop

Posted by Jeffrey Nov 25, 2020 Share 0

Oil achieves near-earth orbit Oil prices raced higher overnight, something which has caught the a...

Oil rally continues, gold slips

Posted by Jeffrey Nov 24, 2020 Share 0

Oil testing multi-month highs Oil prices staged another strong move higher overnight, propelled b...

US Close – Strong US PMIs derail stimulus prospects, Biden picks Yellen, Backwardation, Gold’s crumbles, Ethereum outperforms Bitcoin

Posted by Ed Nov 23, 2020 Share 0

US stocks peaked after the flash PMI readings showed that the recovery gained further momentum as hi...

Oil rises on vaccines, gold consolidates

Posted by Jeffrey Nov 23, 2020 Share 0

Oil continues to rise on consumption hopes Oil shrugged off the profit-taking seen in other asset...

US Close – Mnuchin goes Grinch, Fiscal Stimulus hopes, Pfizer submits EUA, Oil’s 3rd positive week, Gold surges, Bitcoin eyes $19K

Posted by Ed Nov 20, 2020 Share 0

With 61 days until January 20th, financial markets are trying to figure out if any near-term uncerta...

Oil edges higher on stimulus hopes, gold dips

Posted by Jeffrey Nov 20, 2020 Share 0

Oil rises modestly overnight Oil finished the day slightly higher, supported by renewed US fiscal...

US Close – Stimulus talks to resume, Risk roars back, Oil turns positive, Gold off lows, Bitcoin back at $18K

Posted by Ed Nov 19, 2020 Share 0

Congress may have come to their senses after elevated jobless claims and countless small businesses ...

Oil and gold weighed down by dollar

Posted by Ed Nov 19, 2020 Share 0

US jobless claims increase A surprise increase in initial jobless claims on Thursday should serve...