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PetrolFXStreet News

USD/CAD edges higher as safe-haven demand meets Oil-supported Canadian Dollar

USD/CAD trades around 1.3665 on Tuesday, up 0.27% on the day, rebounding after briefly dipping below the 1.3600 mark on Monday. The upside move remains limited in a context shaped by diverging fundamental forces.

BRENTWTI
PetrolOilPrice.com

Eni and Repsol Bet Big on Post-Maduro Venezuela

Italy's Eni and Spain's Repsol, two of the largest European energy companies, plan to increase natural gas production from their jointly owned Cardon IV gas field in Venezuela. Currently, output from the Venezuelan gas field, in which Eni and Repsol own 50% each, produces about 580 million cubic fee

BRENTWTI
PetrolFXStreet News

Brent: Prices hold near recent highs – Deutsche Bank

Deutsche Bank strategists note that Brent Oil has climbed to its highest level in three weeks as the Strait of Hormuz remains effectively closed and peace talks between the United States (US) and Iran stall.

BRENT
GümüşFXStreet News

Silver Price Forecast: XAG/USD plunges below $73 amid caution ahead of Fed’s policy

Silver price (XAG/USD) is down almost 3% below $73.00 during the European trading session on Tuesday. The white metal faces intense selling pressure as investors turn cautious ahead of the Federal Reserve’s (Fed) monetary policy announcement on Wednesday.

SILVER
MakroFXStreet News

EUR/USD holds losses below 1.1700 with ECB and Fed coming into focus

The Euro (EUR) has reversed the previous two trading days' recovery against the US Dollar (USD) on Tuesday and languishes right below 1.1700 ahead of the US session opening.

FEDECB
PetrolFXStreet News

USD/JPY: Oil prices defends against hawks – Societe Generale

Societe Generale analysts note USD/JPY failed to sustain a breakout above its multi‑year range and is consolidating above the 50‑day moving average. They highlight a crucial support zone around 158.30/157.50 and resistance near 160.50.

BRENTWTI
PetrolOilPrice.com

Brent Tops $111 as Analysts Raise Forecasts on Hormuz Stalemate

Oil prices extended gains in Asian trade on Tuesday, with Brent Crude topping $111 per barrel, as the Strait of Hormuz remains inaccessible for more than eight weeks and the U.S.-Iran talks are nowhere near resumption. In the early morning in Europe, the Brent Crude futures were rising by 2.61% to $

BRENTWTICRUDE
PetrolOilPrice.com

BP Profit More Than Doubles as War-Driven Oil Trading Surges

BP (NYSE: BP) more than doubled its profit for the first quarter from a year earlier as oil prices jumped and oil trading boomed amid the war in the Middle East in the latter part of the quarter. BP, the first of the supermajors to announce first-quarter results this earnings season, on Tuesday repo

BRENTWTI
MakroFXStreet News

Fed: Flat curve, late-2026 cuts possible – BNY

BNY strategist John Velis expects the Federal Reserve (Fed) to leave rates unchanged at the April Federal Open Market Committee (FOMC) meeting and provide limited forward guidance, reflecting uncertainty around inflation and the Iran conflict.

FEDINFLATION
MakroFXStreet News

Pound Sterling trades lower as focus shifts to Fed-BoE policy

The Pound Sterling (GBP) is down against its major currency peers, trading 0.2% lower around 1.3500 against the US Dollar (USD), during the European trading session on Tuesday.

FED
PetrolOilPrice.com

China May Restart Fuel Exports as Domestic Stockpiles Surge

Chinese state refiners could restart fuel exports next month if the government in Beijing approves their applications for the restart, citing ample domestic stocks. Companies including Sinopec and CNPC have submitted applications for export permits, Bloomberg reported today, citing unnamed sources i

BRENTWTI
MakroFXStreet News

EUR/CAD holds losses near 1.5950 as Euro losses outpace Canadian Dollar declines

EUR/CAD depreciates for the second successive day, trading around 1.5960 during the European hours on Tuesday. The currency cross holds losses as the Euro (EUR) struggles on increased safe-haven demand amid stalled US-Iran peace talks.

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