Tag: crude
May the Supply be with you – OPEC & Oil
The 8th OPEC International Seminar is underway in Vienna and the participants are doing their utmost to validate their actions (production cuts) as effective...
Crude Oil: cuts, a hesitant demand and backwardation
We had already talked about it, but it's back in the news: IEA (International Energy Agency) Executive Director Fatih Birol expressed his worries about...
USOil and upcoming volatility
Later today and tomorrow evening we will have the API and EIA reports, while the day after that, on March 4, eyes will be...
More Upsides than Downsides for Oil in the 1st half of 2021
USOIL dropped over 1% to 3-day lows at $57.50 after it printed 13-month highs of $58.98 on Wednesday. Brent crude, meanwhile, holds over the $60...
Risk-back-on theme? – Oil surges to $38
Market participants made a quick retreat from risk-off positioning so far. We have seen a retreat from short positions in assets and high beta currencies....
Receding concerns about COVID-19 boosted Oil and CAD prices
A risk-on backdrop, amid receding concerns about the coronavirus outbreak, has boosted the Dollar bloc currencies and Oil prices, which is a particular boon...
