The FXGT Blog

Crude Oil Slips Below $60 as Key Data Takes Center Stage

With the week already in motion, traders are preparing for a series of high-impact economic releases that could shape market sentiment heading into the weekend.

Andreas Thalassinos

Oil Prices Test Lows as Traders Eye Global Data 

Key economic data from Australia, the UK, and the US this week may move currency, commodity, and equity markets.

Andreas Thalassinos

Crude Under Pressure: Technical Weakness Meets Trade War Turbulence 

High-impact economic releases, including US CPI, PPI, unemployment claims, and crude inventories, along with New Zealand's rate decision and UK GDP, could shape oil marke...

Crude Oil Slump: Chart Signals & Market Fundamentals Drag Prices Down

Crude oil markets continue to draw attention, with recent chart analysis highlighting a strong downtrend reinforced by momentum indicators,

Crude Oil at a Crossroads: Traders Eye US Data, China Rebound, and Key Technical Levels 

This week, high-impact economic events to influence market sentiment, including US Unemployment Claims, Crude Oil Inventories, and the ISM Manufacturing PMI.

Crude Oil Charts Signal Cautious Optimism 

Crude oil prices have shown resilience by rebounding from a recent low of $66.73 per barrel and advancing to $70.24, hovering above the 20-period EMA.

Oil Market on the Edge: OPEC+ Decisions, Tariffs, and Trends Shaping the Future

The oil market is navigating mixed signals as OPEC+ decisions, geopolitical developments, and technical trends shape the landscape.

Oil Markets Ride High on Tight Inventories, But Global Oversupply Fears Cloud the Horizon 

Global oil markets are experiencing a turbulent week as US crude stockpiles declined unexpectedly, fueling a rise in prices and signaling stronger domestic demand. Brent ...

Crude Oil on the Edge: Demand Weakness and Key Data Fuel Bearish Momentum

Crude Oil's Rebound Potential: Navigating Technical Signals and Geopolitical Risks

Crude Oil has been on a downward trend since peaking in early July, largely driven by technical factors that reinforced bearish momentum. A failure swing reversal occurre...

Oil Prices Decline as Global Demand Weakens Amid Economic Uncertainty

Saudi Arabia has cut the selling price of its Arab Light crude to Asian buyers by 70 cents a barrel amid growing concerns about weak global oil demand.

Crude Reality: Oil's Downward Spiral Amid China's Slowdown and Global Shifts

Crude Oil is in a downtrend amid China's slowdown, geopolitical uncertainties, and persisting tensions in the Middle East and Ukraine. China's oil imports have decreased,...

Global Oil Markets in Flux: OPEC's Forecast Cuts, Surging Inventories, and Geopolitical Uncertainty

The global Oil market is undergoing changes due to recent developments in demand forecasts, inventory levels, and geopolitical tensions.