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Some Currency Analysts Predict that Russian Ruble may Further Strengthen To 85 Rubles/$1 This Week
Jan 22, 2024
Although a strong momentum in ruble at the beginning of this week isn’t yet expected, thereafter traders will likel...
Geopolitical Escalation Failed to Spark Oil Price Rally Again as the U.S. Keeps Pumping at Record Levels
Jan 15, 2024
An early rise in crude oil prices was short-lived on Friday, with futures ending the week lower as tensions in the...
Oil Markets Seem to Be Disappointed by OPEC’s Lower-than-Expected 1 Million Barrels per Day Cut
Dec 01, 2023
OPEC+ agreed to deepen its production cuts following an unexpectedly lukewarm performance of crude prices and predi...
Sources Say OPEC+ Will Discuss on Further Oil Production Cuts Ranging from 1 Million to 2 Million Barrels per Day
Nov 30, 2023
Commodities portfolio managers remain generally pessimistic about crude oil prices ahead of the now-postponed OPEC+...
Russian Ruble Forecasted to Stay Strong, Supported by Exporters’ Revenue Repatriation and Stabilization of Crude Prices
Nov 13, 2023
The Russian ruble further strengthened against both USD and EUR on Monday, November 13, with USDRUB pair dropping t...
Energy Select Sector SPDR Fund (XLE) as a More Vibrant Option for Oil Price Growth Aware Investors, than United States Oil Fund (USO)
Oct 30, 2023
The energy sector has been one of the best areas in the market for both growth and value investors to allocate capi...
HAMAS-Israeli War Oil Impact: ‘There is Definitely Going to Be a Fear Trade Put in Place’
Oct 09, 2023
Markets are braced for a continuous ascension of oil prices after Hamas launched a deadly terrorist attack on Israe...
WTI Crude Oil Hits its 10-months High on OPEC+’s Decision to Extend Production Cuts
Sep 06, 2023
U.S. oil futures settled Tuesday at their highest level since November, propped up by news that Saudi Arabia and Ru...
Oil Prices Accumulated Critical Count of Bullish Factors, so The Question isn’t If but When
Aug 15, 2023
Brent prices have now registered seven consecutive weeks of gains as tighter fundamentals continue to lay a stronge...
Biggest Oil ETF Survived Record Cash Withdrawal as Brent Tops $85
Aug 01, 2023
According to Bloomberg, oil exchange-traded funds posted their largest week of outflows for more than a year, led b...
Russian Ruble Resumed Strengthening to Below 90/USD
Jul 25, 2023
In general, the mood for technical correction after excessive RUBUSD weakening last two weeks was well anticipated...
Ruble Tumbled to over a Hundred against Euro, CBR Head Nabiullina Said She Wouldn’t Intervene Now
Jul 07, 2023
The russian ruble accelerated its decline starting midweek.
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