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Crude prices are rallying even as OPEC+ continues to bring crude Oil back to markets, TDS' Senior Commodity Strategist Daniel Ghali notes.

Created : 2025.06.03 00:18

Last updated : 2025.06.03

Brent crude continues to consolidate in a sideways pattern, with downward momentum still dominant. A potential base formation hinges on holding above recent lows and reclaiming key moving averages, Société Générale's FX analysts note.

Created : 2025.06.02 19:51

Last updated : 2025.06.02

Buy the rumour, sell the news in Oil prices, as the US benchmark WTI appreciates about $2.5 so far today, despite the output hikes announced by OPEC+ members, fresh threats of US tariffs and new trade tensions between the US and China.

Created : 2025.06.02 19:10

Last updated : 2025.06.02

Trump said he would increase tariffs on Steel and Aluminium to 50% from 25%, effective 4 June. He made the announcement as he visited a US Steel Corp. plant on Friday.

Created : 2025.06.02 18:58

Last updated : 2025.06.02

OPEC+ agreed to another large supply hike over the weekend, increasing it by 411k b/d effective July. The increase is similar to those in May and June.

Created : 2025.06.02 18:47

Last updated : 2025.06.02

West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $61.90 per barrel, up from Friday's close at $60.30.

Created : 2025.06.02 15:02

Last updated : 2025.06.02

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.90 during the Asian trading hours on Monday. The WTI price jumps due to ongoing tariff uncertainty and the persistent geopolitical tensions in the Middle East. 

Created : 2025.06.02 13:40

Last updated : 2025.06.02

USD/CAD extends its losses for the second successive session, trading around 1.3720 during the Asian hours on Monday.

Created : 2025.06.02 13:39

Last updated : 2025.06.02

The Organization of the Petroleum Exporting Countries and its allies (OPEC+) agreed to surge oil output for the third month in a row. An increase in oil output for July that may be larger than the 411,000 barrels per day (bpd) increases it made for May and June, per Reuters. 

Created : 2025.06.02 08:59

Last updated : 2025.06.02

CTAs will continue to sell crude and industrial metals (x-copper) in most scenarios for prices by this time next week. In the imminent term, CTA selling activity will continue to weigh on price action into the OPEC meeting, TDS' Senior Commodity Strategist Daniel Ghali notes.

Created : 2025.05.31 00:14

Last updated : 2025.05.31

According to figures published on Wednesday, the number of certificates in circulation (TNAC) at the end of 2024 stood at 1.148 billion, which was actually around 3% higher than in the previous year, Commerzbank's commodity analyst Barbara Lambrecht notes.

Created : 2025.05.30 20:54

Last updated : 2025.05.30

Yesterday's weekly US inventory report halted the slide on the oil market, Commerzbank's commodity analyst Barbara Lambrecht notes.

Created : 2025.05.30 20:44

Last updated : 2025.05.30

The press statement following Wednesday's OPEC+ meeting was extremely short.

Created : 2025.05.30 20:15

Last updated : 2025.05.30

The Oil market is likely to be eagerly awaiting tomorrow's decision by the eight OPEC+ countries that have voluntarily cut their production.

Created : 2025.05.30 19:46

Last updated : 2025.05.30

WTI Oil prices reversed gains on Thursday, after the US Court of Appeals reversed a sentence from a lower court to block Trump's trade tariffs.

Created : 2025.05.30 16:40

Last updated : 2025.05.30

West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $60.41 per barrel, down from Thursday's close at $60.61.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $63.08 after its previous daily close at $63.30.

Created : 2025.05.30 15:03

Last updated : 2025.05.30

West Texas Intermediate (WTI) Oil price extends its losses for the second successive session, trading around $60.30 per barrel during the Asian hours on Friday.

Created : 2025.05.30 13:11

Last updated : 2025.05.30

Crude markets only have a very narrow path towards higher prices. In the imminent term, CTA selling activity will weigh on price action into the OPEC meeting.

Created : 2025.05.29 23:16

Last updated : 2025.05.29

Oil markets strengthened yesterday as sanction risks against Russia increase, while the market appears to be losing hope that we'll see a nuclear deal between the US and Iran. This might've led to the eventual lifting of oil sanctions.

Created : 2025.05.29 17:58

Last updated : 2025.05.29

WTI Oil prices accelerated their recovery on Thursday, as a US court ruling against Trump's tariffs boosted hopes for some normalisation in global trade, which will support crude demand.The US Court for International Trade ruled on Wednesday that Trump's unilateral trade tariffs overstep the US Cong

Created : 2025.05.29 17:56

Last updated : 2025.05.29