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Oil Price - Factors influencing oil prices
Crude oil markets were higher Thursday morning as they tried to bounce from a series of declines, yet concern about mixed economic indicators and oversupply prevented a stronger recovery.
USD/CAD Daily Price Forecast – USD/CAD Near Weekly Lows As Loonie Gained Upper Hand With Rising Crude Oil Price
After spending the majority of yesterday in a relatively tight range above the 1.32 mark, the USD/CAD pair came under a bearish pressure in the last hour as commodity-sensitive loonie started to gathe...
Russia's no emergency action warranted to halt oil price decline - Novak
Reuters cited Russian Energy Minister Mr Alexander Novak as saying that long-term oil prices should be taken into consideration when any decision is taken by oil-producing countries and no ...
Decoding the causes and impact of plunging oil prices
We believe that very high or very low crude prices are not sustainable in the long run as they impact the number of producers on board the supply ship After shooting past their a four-year highs, crud...
Oil Prices: It Took Bears Just 12 Days to Maul 12 Months of Bull Market Gains
For a year and a half, crude oil had been in a bull market. What started quietly last summer gained steam this fall, fueled by increasing worries that oil demand could outplace supply due to productio...