WTI and Brent prices managed to keep themselves in the green zone today.
A small review for the CAD.
The USD index dropped by 0.25% since Tuesday.
Iran has already reached its target output, which is about 4M barrels/day.
The Chinese National Bureau of Statistics is pessimistic about the recovery of the country’s economy.
The Euro continues to slide down.
Stay updated with our economic calendar.
Some oil drillers in the Canadian province of Alberta cut production and evacuate the staff.
The first Friday of the month is here and we are in anticipation of the market labour data.
The fall of supplies sent prices up by 3% on average.
The rally on the EIA report speculations loses momentum on the wave of the US Dollar correction.
The USD extends its decline against other majors.
World markets shift their focus from oversupply issues to prospects of growing demand.
On the daily chart, the GBP has formed a shooting star.
Main economic events for the upcoming week.