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Tag: Brent Crude

Oil retreats in the red while markets downplay Israel’s attack as just a warning shot

Oil turns red for this Friday with markets writing off Middle Eastern tensions during APAC session. WTI Oil prices retreat from $85.00, while Brent...

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The Week Ahead – Inflation Continues to Drive the Market – Orbex Forex Trading Blog

Brent crude (UKOIL) punches higher over increased demand Brent crude edges higher as demand looks to elevate prices as we head into 2024. Global...

The Week Ahead – Sentiment Shifts as the Fed Remains Hawkish – Orbex Forex Trading Blog

The Nasdaq 100 retraces as AI stocks flourish The Nasdaq 100 saw a slide away from record highs as the Fed remains cautious about...

Brent crude tiptoes toward $80 a barrel as Middle East worries lift oil prices

Oil futures rose early Thursday, with Brent crude edging back up toward the $80-a-barrel threshold after Israel rejected a Hamas offer for a cease-fire...

The Week Ahead – Time for a Rebound – Orbex Forex Trading Blog

AUDUSD drops with decreased risk appetite The Australian dollar fell through a significant support zone as the market remains risk-off. The US dollar’s strength...

The Week Ahead – Santa rally – Orbex Forex Trading Blog

Markets move on from hike era EURUSD advances as ECB may hold longer The euro recovers as the market hopes the Fed will be among...

Navigating Choppy Waters in the Oil Market

In the ever-volatile realm of oil trading, recent events in the Red Sea and Russia have sent shockwaves through the market, impacting prices and...

The Week Ahead – Return of the bull? – Orbex Forex Trading Blog

Prospect of easing fuels risk assets EURUSD consolidates ahead of ECB meeting The euro steadies as the market hopes for a hawkish turn in monetary...

OPEC+ Skepticism Causes Trading Crude Oil Slide

In the early hours of Wednesday’s Asian trading session, trading crude oil experienced a decline, reflecting ongoing scepticism surrounding the effectiveness of OPEC+ production...

Brent Crude – Oil volatile near lows after OPEC+ “deal” – MarketPulse

OPEC+ unofficially agree to 2.2 million barrel per day cut Full compliance with cuts already looks unlikely Brent continues to consolidate near recent lows Oil prices remain...

ForexLive Asia-Pacific FX news wrap: USD index hits a 3 month low | Forexlive

ECB President Lagarde to discuss if "Inflation kills democracy". Schnabel speaks alsoThe CPI report from Canada due today is the last before the next...

Brent crude oil and “green shoots of hope” in China | Forexlive

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage...

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