Crude Oil (CL) News, Page 1
- Crude Oil65.505+1.0450(+1.6200%)06:39:44(GMT)|Real-Time Data, quoted in USD
- Day's Range64.450 - 65.950
- Subclass / SectorEnergy
Crude Jumps More than 2 Percent as US Plans to Eliminate Sanctions Waivers for Iran Oil Imports
The Secretary of State will announce “that, as of May 2, the State Department will no longer grant sanctions waivers to any country that is currently importing Iranian crude or condensate”, the Post’s columnist Josh Rogin said, citing two State Department officials that he did not name.
The Week Ahead – Brexit, Earnings, Stats and Monetary Policy are in Focus
A quiet start to the week will leave the focus on earnings. What little data that is due out could have a material influence, however.
Weekly Recap – Dollar-Denominated Commodities Pressured by Strengthening Greenback
In addition to the strengthening U.S. Dollar, gold was also pushed to near its lowest level since the end of December last week as economic data from China improved enough to relax concerns over a global economic slowdown. U.S. West Texas Intermediate crude oil and international-benchmark Brent crude oil futures
Weekly Wrap – Risk Appetite Failed to Support the AUD, the EUR, or the Kiwi…
The Greenback found support in a week where the Aussie and Kiwi Dollar hit red and economic data out of the Eurozone and China diverged.
Forex Daily Recap – Poor UK Unemployment Data Weighed Down The Cable
The EUR/USD showcased a seesawed performance during the day. AUD/USD plunged in the Asian session after the announcement of RBA’s dovish monetary comments. The loonie pair fell off to 1.3350 levels over weaker reports and crude upliftment.
Forex Daily Recap – The Loonie Climbed A 85pips Within A Span Of Minutes Amid BoC’s Reports
The US-Sino trade concerns to end soon sets the market mood. Greenback rebounded losses on the backdrop of surprising NY April Empire State Manufacturing Index. GBP/USD steadies amid Brexit headlines.
US Markets Had Another Fantastic Week, Trade or Fade?
With the US and China on track to a trade deal and commodity prices well-supported, add China credit infusion to the mix, it suggests this is a market to trade and not fade.
The Week Ahead – Stats and Earnings to Drive the Majors
In a shortened week ahead, economic data and earnings will be the key drivers. Stats will need to really impress to shift sentiment towards FED policy.
The Weekly Wrap – Brexit, Earnings, Monetary Policy, and Stats Drove Risk Appetite
It was a big week for the majors, with risk appetite finding its feet following better than expected earnings and stats at the end of the week.
Forex Daily Recap – USD/CNY Jumped Off Crag Underpinned Astounding Chinese Trade Figures
The greenback fell in the Asian session but was underway recovery in the latter half. Crude upshot invited the Ruble bulls. EUR/USD amassed weekly gains above 1.1300 levels.
China Exports Impress with Focus Shifting to Corporate Earnings to Fuel Risk
China trade figures ease some of the market jitters over the economy. The focus will now shift to earnings to support risk appetite throughout the day.
Strong Labor, Inflation Data Boosts U.S. Dollar Demand
This week’s U.S. consumer and producer inflation data confirmed that inflation was soft. This confirmed comments in the minutes of the Federal Reserve’s March 19-20 policy meeting published on Wednesday. In the minutes, policymakers described inflation as “muted,” though officials expected it to rise to or near the U.S. central