• August 3, 2023
  • Market News
  • Comments : 0

Crude Oil Crunched as Markets Recoil from Fitch Downgrade. Lower WTI?

Crude oil prices are under the pump today as macro conditions unwind the jolly July rally on US debt woes and although stockpiles have been depleted, WTI vulnerability has been exposed.

Previous Post

Gold Price Forecast: Treasury Yields and Retail Exposure Pressure XAU/USD

Next Post

USD/CAD IG Client Sentiment: Our data shows traders are now net-short USD/CAD for the first time since Jun 01, 2023 when USD/CAD traded near 1.34.

Related Posts

August 29, 2024

Upward Revision to Q2 GDP Aids the US Dollar’s Feeble Recovery

August 29, 2024

Gold (XAU/USD) and Silver (XAG/USD) Drift as US Dollar Pares Recent Losses

August 27, 2024

Libya Outages and Middle East Tensions Spark Supply Concerns. WTI Nears key $77.40 Resistance