Oil Prices Tick Up Amid Declining US Inventories, Output Hike Capping Gains
Crude oil recovered on Thursday, driven by a sharper decline in the US crude oil inventories and cautiously optimistic sentiment around the Middle
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Crude oil recovered on Thursday, driven by a sharper decline in the US crude oil inventories and cautiously optimistic sentiment around the Middle
Technical Overview (Daily Chart) Macro/Geopolitical Context Euro Strength Drivers: Dollar Weakness Catalysts: Probabilities Table Scenario Description Probability Comment 🟢 Bullish continuation Price holds
Gold futures remain steady on Wednesday above the key level of $3,310. The precious metal declined on Tuesday to a fresh 2-
US equities started the week with a cautious tone as major indices showed mixed performance. The investors weighed the implications of a ceasefire
Overview Crude oil has seen a sharp unwind following last week’s geopolitical-driven spike above $77. Over the past 48 hours, a
Introduction Light Crude Oil Futures (CL) are trading sharply higher at $73.51, up more than 20% from the May lows. The breakout
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