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BoC ahead but focus on Powell

Andria Pichidi -
BoC ahead but focus on Powell - The USD majors mostly settled into consolidation as market participants went into bets-off mode ahead of the...

IEA trimmed oil demand for 2019

Andria Pichidi -
The IEA has cut its 2019 estimate for oil demand in its latest monthly report, blaming trade tensions and the associated consequences on the...

Extended but not topped

Andria Pichidi -
WTI ended the week on fresh 5-month highs, peaking at $63.27 so far, and up nearly 2%. The contract has been in rally-mode since...

Oil has reversed 38.2% of its Q4 losses

Andria Pichidi -
WTI crude got a boost from the strong US Jobs report, which was accompanied by several other upbeat reports. The jobs report has alleviated some of...

BOC at center stage – Could Oil drive its decision?

Andria Pichidi -
The Bank of Canada announcement is center stage this week, with no change in the current 1.75% setting for the overnight rate widely expected. BOC...
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