The rally in the price of oil appears to be stalling ahead of the March high ($67.98) as it fails to extend the series of higher highs and lows from the start of the week.
Europe's Nordic countries are popular for sustainable cryptomining because electricity there is cheap and mainly comes from renewable sources. But other industries also want to take advantage of this green energy.
USD/CAD looks ready to resume its previous decline after relative stability in the pair over the past seven days, with CAD benefiting from the persistent strength of crude oil prices.
Crude oil prices were unable to capitalize on an outsized draw from US inventories amid signs of softer end demand. Technical positioning warns that a major top may be forming.
Crude oil price action is struggling to take out technical resistance near the $66.00-handle as India, the world's third largest oil importer, grapples with a worsening covid-19 outbreak.
A large draw in API crude inventories sent oil prices higher on Wednesday alongside economic reopening optimism in the US and the UK. Viral resurgence in parts of Asia remain a wildcard for oil tra...
Natural gas prices moved higher, capturing a long-term trendline that could support the heating commodity's price in the coming weeks as colder temps support fundamental side.
Crude oil prices shrugged off some weakness on Wall Street, focusing on the EU lifting a ban on summer travel for vaccinated people and commentary from Iraq, OPEC’s second-largest energy producer.
Crude oil prices extended lower as the US Dollar climbed during Monday’s APAC session. The energy demand outlook is weighed by lower oil consumptions from Japan and India due to viral resurgence.
