Tag - oil

Oil near $130 is a nightmare for inflation
Oil near $130 is a nightmare for inflation

Oil markets were under great pressure amid increased demand and falling supply. OPEC+ is unable or unwilling to achieve its self-imposed production targets and insists on limiting production increases by 400,000 barrels per day despite rising prices.

What to trade next week?
What to trade next week?

Last week was truly unforgettable, filled with geopolitical tensions and changes of market sentiment. Russian ruble lost 40% against dollar amid sanctions from EU and US. Brent oil soared to almost $120 a barrel, a 10-year high for the commodity. Chinese stocks are near the covid crash levels. Let’s dive into the market together!

Weekly Market Outlook: January 17-21
Weekly Market Outlook: January 17-21

This week traders await earnings of Bank of America and Netflix. In addition, there will be important data releases for GBP/USD. Oil may test yet higher levels. Watch the video to get trade ideas for Forex, stocks, oil, and gold!

Will oil drop to $60 or rise to $100 in 2022?
Will oil drop to $60 or rise to $100 in 2022?

Predicting oil prices is a difficult job at the best of times. Still, it is increasingly difficult as COVID-19 and its variants continue to suspend consumers' plans and disrupt the balance between oil demand and supply.

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Don’t waste your time – keep track of how NFP affects the US dollar and profit!

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