Tag: OPEC
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...
More ups than downs
A reflation trade is finding a foothold, joining vaccine inspired risk-on flows to drive sovereign yields higher. Treasuries have led the charge with the...
December 2020 – Reasons to be Cheerful
One of my childhood heroes, Ian Drury (who overcame being born with Polio to do what he wanted and always believed in himself), sang...
Canadian Dollar, Oil and OPEC+
USDCAD has dropped back under 1.2980, pulling lower from yesterday's rebound high at 1.3010, which was seen after the pair posted a 26-month low...
Events to Look Out for Next Week
As the month of August moves into week 3, uncertainties both fresh and familiar keep challenging the markets, driving volatility in the bond market...
Returns on risk interest, Oil prices rise, Gold glides
Commitments of Traders
Referring to the CFTC Traders Commitments report for the week ended June 2, net purchases of crude oil futures rose +25,756 contracts...
