Canadian Dollar Edges Higher from 2026 Low as Oil Falls, Defying Correlation
USD/CAD pulled back from multi-month highs as the Canadian dollar staged a modest recovery even as crude oil extended losses, raising questions…
USD/CAD pulled back from multi-month highs as the Canadian dollar staged a modest recovery even as crude oil extended losses, raising questions…
U.S. strikes on Iran after a helicopter incident fuel oil supply fears, driving crude prices higher and sparking a flight to safety…
Kuwait’s oil chief seeks pipeline alternatives to skirt the Strait of Hormuz, signaling ongoing supply-side risks that could support crude prices in…
Treasuries rallied and oil prices tumbled further as investors positioned before a key bond auction, with falling energy costs reducing inflation fears.
US trade gap narrows as record oil exports counterbalance climbing AI-equipment imports, lifting crude and dollar sentiment.
Canada's trade surplus surged in May 2026 to its largest since before US trade tariffs, propelled by booming crude oil exports and…
Ghana's decision to process local crude at the Tema refinery cuts fuel import costs, potentially easing global crude demand and strengthening the…
A bearish oil ETF saw its biggest weekly outflow on record as investors rushed to exit short positions, underscoring a sudden shift…
Giant oil supertanker orders eclipsed the all-time high from 2008, a bullish signal for crude demand and tanker shipping stocks that highlights…
Russian oil prices in India flipped to a discount for the first time in two months as higher competition and weaker demand…
Sustained $120 oil from the Iran war strains global growth, fuels persistent inflation, and complicates central bank policy paths.
UAE's decision to offload bumper Gulf oil volumes for near-term loading signals a significant supply injection, threatening to depress Brent and WTI…