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Crude Oil Climbs As Omicron Fears Subside
Article By:
Rick Ristov
Wednesday, December 15, 2021 5:51 AM EDT
New Covid-19 variant spreads fear over the markets. With crude oil being one of the worst hit ones.
USD/CAD Price Turns Positive Near 1.2680 As Oil Retreats, Firm USD
Article By:
Rick Ristov
Wednesday, December 15, 2021 4:50 AM EDT
On Thursday, the USD/CAD price continued to move higher after the Bank of Canada broke out of the 1.2600 area and gained some momentum.
Brent Vs. WTI
Article By:
Rick Ristov
Tuesday, November 16, 2021 5:09 AM EDT
In thinking about benchmarks, does it matter right now which oil price to refer to?
The Oil Situation: The SPR Is Being Raided To Close U.S. Production Deficit
Article By:
Rick Ristov
Monday, November 15, 2021 4:35 AM EDT
It is likely the transition away from fossil fuels will proceed more slowly. The US EIA crude inventory data reveal the US working inventory growth rate is 3.5% from a combination of domestic consumption and exports of refined products.
Ceca Again Again
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