Commodity Trade Mantra

Posts Tagged ‘Crude Exports’

The US Dollar Strength Takes Its Toll On Oil Prices Again

As we exit summer driving season, and as refinery maintenance ramps up, demand eases, and typically… oil prices come under pressure. The return of oversupply fears are clobbering the crude oil complex lower, with gasoline leading the charge. With Nonfarm Friday on deck, bringing the prospect of a stronger dollar, here are five things to consider in oil markets today.

Can Crude Oil Prices Continue To Rally Like This?

Japanese inflation data mirrored that of Germany, and was flat MoM, with YoY inflation dropping to +0.2%. In terms of inflation, the US is in a similar position to both Germany and Japan, in that should oil prices stay around current levels, it will too see inflation data coming in as flat as a beaver’s tail by year-end.

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