WTI retreats from one-week high, probes two-day uptrend. OPEC, EIA anticipate world energy demand to ease in 2022, and increase next year. Mixed sentiment, light calendar could restrict short-term moves. …
WTI eases towards $93.00 on OPEC/EIA demand forecasts, USD rebound Read More
WTI crude oil struggles to keep the US inflation-linked bullish bias. Resumption of Russian oil pipeline flows after six-day halt challenges US CPI-led advances. EIA inventory build, Fedspeak and challenges …
WTI fades US inflation-led rally below $91.00, focus on OPEC, IEA demand forecasts Read More
WTI fades Friday’s bounce off six-month low, renews intraday bottom of late. Market sentiment sours amid increased hawkish Fed bets, Sino-American tension over Taiwan. OPEC+ verdicts failed to impress buyers …
WTI retreats towards six-month low under $88.00, focus on US inflation, Taiwan Read More