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oil price
Crude Oil Price Coils in Symmetrical Triangle - How Will it Impact USD/CAD?

Crude Oil Price Coils in Symmetrical Triangle - How Will it Impact USD/CAD?

With the US economy in the spotlight thanks to speculation that bond markets are signaling a recession in 2020, crude oil prices are losing ground once more.

2019-08-16
Oil Price Technical Analysis: WTI to 55 - Can Sellers Take Control?

Oil Price Technical Analysis: WTI to 55 - Can Sellers Take Control?

Oil prices were back on offer yesterday after a confluent level of resistance came into play. But can sellers continue to push down to big-picture support?

2019-08-15
Crude Oil Price Triangle Persists - Downside Break May Help USD/CAD

Crude Oil Price Triangle Persists - Downside Break May Help USD/CAD

With the US economy in the spotlight thanks to speculation that bond markets are signaling a recession in 2020, crude oil prices are losing ground once more.

2019-08-14
Crude Oil Price Hits a 7-Month Low, Chart Remains Weak

Crude Oil Price Hits a 7-Month Low, Chart Remains Weak

The oil complex took a sharp hit Monday as US-China trade wars ramped up, and when coupled with a weak global growth outlook, further losses cannot be discounted.

2019-08-06
WTI Crude Oil Price Outlook: Pullback to Support, Can Bulls Hold?

WTI Crude Oil Price Outlook: Pullback to Support, Can Bulls Hold?

Crude oil prices caught a boost this week as production constraints showed around a brewing storm in the Gulf of Mexico, set to touch down this weekend.

2019-07-12
Crude Oil Price Soars to 7-Week High on Fed & Supply Shock

Crude Oil Price Soars to 7-Week High on Fed & Supply Shock

Crude oil jumps nearly 4% as supply shock fears out of the US Gulf of Mexico combine with resurfacing risk appetite on the back of dovish Fed remarks during Chair Powell's congressional testimony.

2019-07-10
Crude Oil Price Test of Downtrend May Determine USDCADs Next Move

Crude Oil Price Test of Downtrend May Determine USDCADs Next Move

USDCAD losses in recent days have coincided with an uptick in crude oil prices. Will they continue?

2019-06-11
Recession Fears Hit Stocks, Boost US Treasuries, Other Safe Havens

Recession Fears Hit Stocks, Boost US Treasuries, Other Safe Havens

Concern that the ongoing US-China trade dispute is hitting economic growth worldwide is damaging risk appetite, boosting safe havens such as US Treasuries at the expense of stocks and oil.

2019-05-29
Crude Oil Price Drop Helping USDCAD Hold Range Support

Crude Oil Price Drop Helping USDCAD Hold Range Support

A larger than expected build in crude oil inventories is dragging down oil prices, and in turn, the Canadian Dollar.

2019-05-22
Crude Oil Price Boosted as Middle East Tensions Escalate

Crude Oil Price Boosted as Middle East Tensions Escalate

Crude oil is pushing back towards levels seen two week ago as political uncertainty in the Middle East continues to dominate short-term price action.

2019-05-16
Crude Oil Price Congests After 60 Support, Can Bears Make a Mark?

Crude Oil Price Congests After 60 Support, Can Bears Make a Mark?

Crude Oil prices have calmed after a rally of more than 50% from the lows. The bigger question is whether this is a pullback or the start of a reversal.

2019-05-09
Crude Oil Price Latest: Positive Bias on Heightened Political Woes

Crude Oil Price Latest: Positive Bias on Heightened Political Woes

Crude oil continues to trade at lofty levels as worries over the political backdrop in Libya and Venezuela remain at elevated levels.

2019-04-15
Crude Oil Price Remains Firm as OPEC Cuts Curb Oversupply

Crude Oil Price Remains Firm as OPEC Cuts Curb Oversupply

Crude oil production cuts have sent prices to a five-month high as the imbalance between supply and demand continues to unwind.

2019-04-11
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