Crude oil futures are back to trading around the $80 price level. "The U.S. Dollar has been in freefall since September 2022, which has offered support to some commodities. Could investors see a U.S. Dollar price of $97 if it stays below $106? That alone will give a boost to crude oil. Speculators have liquidated their long positions over the last few months and now they are starting to reaccumulate. They are doing this due to the China reopening story," says Carly Garner.
13 Jan 2023
Futures
28 Jan 2023
Market On Close
04 Jan 2023
Market On Close
21 Mar 2023
Market On Close
10 Jan 2023
Futures
01 Feb 2023