oil Archives - Edge-Forex

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Gold and Oil Prices Surge in 2025 as Middle East Conflict Rises

by Kashish Murarka · April 18, 2025

Gold and oil prices have surged in April 2025 as the Middle East conflict intensifies, sending ripples across global markets. The sharp rise in gold and oil prices reflects a ...

How the Global Energy Shift Is Affecting Currency Markets

by Kashish Murarka · February 24, 2025

The global energy shift is changing financial markets in unexpected ways. As countries move from fossil fuels to renewable energy, forex traders are witnessing new patterns in currency fluctuations. This ...

WTI on the Rise: Assessing Crude Oil’s Gains Ahead of US CPI Release

by admin · May 10, 2023 ·

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WTI crude oil prices have remained steady just below the $73 per barrel mark today, recovering from last week's sell-off that saw it trade at its lowest level since late ...

USD/CAD Surges to 1.3550 as Oil Prices Weigh on Sentiment

by admin · April 25, 2023 ·

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USD/CAD is currently grinding near its highest levels in three weeks, thanks to the downbeat risk profile that's got everyone on edge. But don't worry, the US Dollar is bouncing ...

Global PMI Reports and Interest Rate Concerns Push Oil Prices Down to Near $76.75

by admin · April 24, 2023 ·

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Well, well, well, it looks like oil prices have hit the skids again, dropping to approximately $76.75. Why, you ask? Oh, just because everyone's freaking out about a global economic ...

Global Oil Demand to Rise by 2.32 Million bpd in 2023, According to OPEC

by admin · April 13, 2023 ·

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The world's energy market is always in flux, and according to OPEC's latest monthly report, the global oil demand growth forecast for 2023 remains unchanged at a whopping 2.32 million ...

WTI crude oil rises beyond $80.00 amid NFP, economic worries, and OPEC+ surprise.

by admin · April 8, 2023 ·

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WTI crude oil shows a three-week increase and has recently fluctuated at a 10-week high. Although economic troubles have recently pressured WTI, the OPEC+ surprise keeps oil purchasers at the ...

4 Global Market Updates- 28 February, 2023

by admin · February 28, 2023 ·

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In this article, we have covered the highlights of global market news about the EUR/USD, GBP/USD, USD/CHF and AUD/USD. EUR/USD Price Analysis: Sits around 1.0600 on the bull's radar. Early on Tuesday, at 1.0600, the EUR/USD bulls ...

Major Forex Trading Sessions Worldwide

by admin · January 25, 2023 ·

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The 24-hour forex trading market is divided into three main trading periods: the London session, the US session, and the Asian session. Every significant regional market center has distinct characteristics ...

Crude Oil Forecast: Recessionary Pressures Overcome Brent Despite Several Fundamental Tailwinds

by admin · December 10, 2022 ·

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TALKING POINTS FOR BRENT CRUDE OIL (LCOC1) The weekly crude stock decline is ineffective in dissuading crude oil bears. Brent receives welcome assistance when a key U.S. pipeline is shut down. The focus ...