United States Baker Hughes US Oil Rig Count climbed from previous 481 to 482

Oct 18, 2024

OPEC remains much more optimistic about oil demand than IEA – Commerzbank

Both OPEC and the IEA revised their oil demand forecasts downwards again this week, Commerzbank commodity analyst Carsten Fritsch notes.

USD/JPY keeps rising and forming a Rising Wedge pattern as it closes in on an old major trendline.