Market Insights

OPEC+ Negotiations Broke Down, Oil Prices Still Have Room to Rise?

★Summary★The dollar rose on Tuesday as market participants will look for clues in the minutes of the upcoming June meeting on when the Fed will begin to scale b

07.07.2021 17:49:00

OPEC Meeting Postponed to Today, Nonfarm Data Attack

★ Summary★ The dollar rose for a fourth straight session on Thursday, hitting 92.60, its highest level since early April, as demand was boosted by post-month po

02.07.2021 17:01:44

Covid-19 Threatens The Demand of The Oil Market; OPEC+ May Make a Decision to Increase Production

★ Summary★ The dollar rose slightly on Monday, with many investors sitting on the sidelines ahead of Friday's US non-farm payrolls report, which could determin

29.06.2021 17:29:08

WTI Crude Oil Price Breaks Through Key Resistance Before OPEC+ Meeting

★Summary★Us crude oil futures prices tumbled back in European trading on Monday, hitting a high of $74.45 a barrel in Asia since October 2018, as investors focu

28.06.2021 17:38:40

Iran's Nuclear Not Reached a Result; Oil Price Fluctuations are Expected to Widen

★Summary★The dollar index was little changed on Monday as investors turned their attention to the Fed's policy decision to be announced on Wednesday, which cou

15.06.2021 15:59:52

Demand Fell Short of Expectations, WTI Crude Oil Fell Below 70

★ Summary★ Us crude fell slightly in Asia on June 10, and oil prices held steady on Wednesday after US inventory data showed a sharp increase in gasoline invent

10.06.2021 11:25:25

The Rise in International Oil Prices Has Slowed Down, the Demand Signal is Still Strong

★ Summary★ Us crude oil futures closed flat at $68.81 a barrel on Thursday, while Brent oil futures hit $71.99 a barrel at one point, the highest level since Se

04.06.2021 17:15:21

Biden Announces Financial Budget; Oil Prices Rising to the Highest Level

★ Summary★ President Biden will present a $6 trillion economic budget on Friday, which means the federal government will spend $6 trillion in fiscal year 2022 a

28.05.2021 12:15:53

US Crude Oil Plummeted by 5%; Casting a Shadow Over the Outlook for Demand

★Summary★On Wednesday, WTI crude fell 5% from a high of $65.33, breaking through $62.0 to an intraday low of $61.98, a three-week low since April 27, and a cumu

20.05.2021 12:25:01

Economic Recovery is Optimistic; Oil Prices are Expected to Continue Rise?

★ Summary★ Spot gold rose sharply on Monday, with the continuation of the Israeli-Palestinian conflict, the weakness of the dollar and dovish expectations of th

18.05.2021 11:46:10

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