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Mexico’s government is slashing financial assistance for the state energy major by as much as 70% despite Pemex’s continued struggle to pay down debt and boost production. The decision rests...
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OPEC now expects global oil demand growth to jump from just 380,000 barrels per day this year to 2.36 million bpd in 2027—a more than sixfold increase in the space...
Continue ReadingMore Top Reads From Oilprice.com Diesel Crunch Set to Worsen as Refining Capacity Falls Short, Industry Warns Russia Strikes Moldova Border as Ukraine Hits Black Sea Port Permian Gas...
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Markets:WTI crude oil up $6.67 to $102.72Gold down $78 to $4322US 10-year yields up 12 bps to 4.95%USD leads, AUD lagsS&P 500 down 0.5%This is one of those days where...
Continue ReadingCopper future and related stocks plunged on Thursday morning after a Reuters report said that the White House's "copper tariff plan stalls amid affordability concerns." The Trump administration has yet to...
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Watch out below! Copper, Gold and the AUDUSD are all tumbling to the downside today...
Continue ReadingUS natural gas production is projected to reach a record high of 111.7 billion cubic feet per day (bcfd) in 2026, up from 107.6 bcfd in 2025, according to the...
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The next Treasury buyback is Sept 24.I wouldn't read too much into this result because it's the first one in the series so the market might be feeling it out...
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US treasury sells $22 billion of 30 year bonds at a high yield of 5.308%...
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EURUSD Technicals: The EURUSD bounces and retraces the declines from the PPI...
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Broader US stock indices stall the fall ahead of targeted support levels...
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Bitcoin sellers defend key resistance and take back control. Back below 100 bar MA level...
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U.S. wholesale inventories increased strongly in July, while sales rebounded following June’s decline. Inventories grew faster than sales during the month, pushing the inventories-to-sales ratio modestly higher.Wholesale inventoriesJuly inventories: $958.9...
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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide...
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As yields/USD move higher, gold is falling sharply. The price cracks below it 100 day MA/trendline...
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Jobless claims show steady US employment picture. Initial claims 206K vs 205k estimate...
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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide...
Continue ReadingKickstart the NA trading day with a technical look at the EURUSD, USDJPY and GBPUSD. What levels are key...
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investingLive European markets wrap: Oil and bond yields push higher as ECB decision looms...
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Oil is driving the rise in long-term yields; Everything else is just noise...
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