#oil

For commodity traders expanding beyond precious metals, crude oil is the natural next step. But right away you face a choice: WTI (West Texas Intermediate) or Brent Crude? WTI (US crude, ticker CL): - US-based oil, traded on CME/NYMEX - Better indicator of No…

Q3 2025 commodities outlook — where the opportunities lie across the complex: Gold (XAUUSD): Base case: ATH breakout above $2,431 toward $2,500+ in Q3 driven by expected Fed pivot and continued central bank buying. Target range: $2,450–$2,520 by September. S…

A commodity trading concept that doesn't get enough attention in retail communities: backwardation vs contango in futures markets, and why it matters even for CFD traders. Contango (normal state): Futures prices are higher than the spot price. When you "hold"…

Crude oil has recovered 4% this week on supply cut announcements, which is a direct tailwind for the Canadian dollar. USD/CAD has consequently dropped from 1.3720 to 1.3650 and is now testing the 200-day moving average from above. The daily chart shows a clea…