OPEC+ June Meeting: Level of Compliance, Demand Recovery Hint about Dovish Decision

Oil prices advanced by more than 2% on Tuesday on expectations that the June OPEC + talks would have a positive outcome for the market. The initial date for the meeting is June 9-10, but rumors emerged this week that it can be brought forward to this Thursday. Potential market surprise centers on the question […]

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Gold, Crude Oil Price Charts Hint Significant Tops May Be Forming

Talking Points: Gold prices reverse from resistance as the US Dollar recovers Crude oil price chart hints a double top is forming near $ 66/bbl Sentiment trends compete with US GDP, EIA data for influence The US Dollar recovered yesterday in a move that seemingly reflected a reevaluation of what ebbing trade and shooting war […]

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