Oil

Here's one for the commodity traders out there! Check the near-term inflection points for WTI Crude Oil. The commodity has been moving sideways for quite some time, and appears to be stuck within a smaller range this time around. West…

Crude Oil Analysis and Talking PointsGlobal economic growth and the variables of the US dollar are playing a game of tug-of-war with the oil markets.US CPI and FOMC are the focal points for the coming week.Crude oil prices expect…

SlavkoSereda/iStock via Getty Images Crude oil prices failed to sustain their initial rally after Saudi Arabia's decision to cut production, but Goldman Sachs' Jeff Currie sees the move as finally drawing down crude oil inventories,…

The WTI crude oil futures price settled at $70.17. This fell - $1.12 or -1.54%. Today's low is $70.10. The highest price was at $71.77.Over the course of the week, the price fell by $1.57. Last week, the price settled at $71.74.Crude…

SlavkoSereda/iStock via Getty Images Crude oil closed higher on Monday but gave up almost all of its early healthy gains, as production cuts in Saudi Arabia alone - allowing Russia and the rest of OPEC+ to continue pumping freely - only…

Canadian dollar, USD/CAD, OPEC cuts? Technical Analysis - Asia Pacific Briefing:Canadian dollar weakens though Saudi Arabia oil production cutsThe broader OPEC+ coordination failure closed the gap on WTIGlobal slowdown growth may…

Saudi Arabia will cut oil production by 1 million barrels per day in a bid to prop up oil prices, it announced after a pessimistic meeting of the OPEC+ group of producers in Vienna on Sunday.The kingdom's energy minister, Prince…

Adam walked out of the OPEC+ meeting as it happened:This was followed by Goldman Sachs' response. Net, GS sees the cut as $6 per barrel above the price: Additional Saudi cuts are worth +1-6$ per barrel in fundamentals, depending on…

Brent Crude Oil Analysis and Talking PointsRussia is finding it difficult to cut production, while the rest of the OPEC+ members are seeking higher prices.The upcoming light economic week gives more focus on OPEC+.The weekly chart for…

Crude Oil, OPEC+, WTI, US Dollar, Economic Data, Treasury Yields - Talking PointsCrude oil I found a firmer foundation in my post-dip Friday sessionThe OPEC+ meeting in June could see some action with conflicting views among…