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Oil Market Turns to the Upside – TDS
Oil market upside is being driven by Commodity Trading Advisors (CTA) flows yet again, TD Securities Senior Commodity Strategist Ryan McKay notes.
Oil Prices Rise as Traders Continue to Bet on Market Tightening
0800 GMT - Oil prices rise after closing higher for the third consecutive week on Friday. Brent crude is up 0.7% to $85.59 a barrel, while WTI trades 0.8% higher to $82.17 a barrel. Expectations for a
Oil Edges Higher on U.S. Rate Cut Hopes, Geopolitical Jitters
0748 GMT - Oil prices are rising on hopes that the U.S. central bank will soon start cutting interest rates and fears of a wider war between Israel and Iran-backed militia group Hezbollah. Both benchm
UBS Maintains Imperial Oil(IMO.US) With Buy Rating, Cuts Target Price to $83.05
UBS analyst Manav Gupta maintains $Imperial Oil(IMO.US)$ with a buy rating, and adjusts the target price from $83.21 to $83.05.According to TipRanks data, the analyst has a success rate of 50.9% and a
Crude Oil Prices Stabilize Even as U.S. Inventory Build Exceeds Expectations, ANZ Bank Says
Crude oil prices were little changed despite a stronger-than-expected build in U.S. crude oil inventories, ANZ Bank said in a Thursday note. U.S. crude stockpiles rose by 3.6 million barrels last week
2024 Half-Year Recap | 10 Dividend-Monster Stocks in Canadian Market
Earlier today, Statistics Canada issued May inflation report, indicating that Canada's annual rate of inflation unexpectedly rose 2.9% in May, surpassing the expected 2.7%. This development might unsettle the market's anticipation of a rate cut coming in July. Nonetheless, the data aligns with the Bank of Canada's target range for inflation control, set at 1%-3%. Before the report's release, market consensus had been that the Ba...
Badai94 : $Toll Brothers (TOL.US)$