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Oil steady as market eyes OPEC+ decision, US data
02 Jul 2025 11:38 GMT
… as investors monitored the upcoming OPEC+ meeting and weighed a … treading cautiously ahead of the OPEC+ meeting on July 6, … The anticipated output hike from OPEC+ - 411,000 barrels per … -demand balance.
A weaker U.S. dollar has also supported crude prices …
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Oil prices remain flat as OPEC+ supply boost, dollar weakness balance outlook
02 Jul 2025 12:29 GMT
… supply expectations from OPEC+ against a weakening U.S. dollar and mixed economic … analysts say that the expected OPEC+ supply increase in July … already priced in. Four OPEC+ sources recently told Reuters … these increases, the weaker U.S. dollar—now at a 3.5 …
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Oil Prices Take a Breather Ahead of OPEC+ Boost
02 Jul 2025 09:12 GMT
… the interplay of potentially rising OPEC+ supply, confusing U.S. … Iran, only the weaker U.S. dollar currently exerted upward pressure on … meanwhile, said they expected OPEC+ to continue with its supply … a large amount of OPEC spare production capacity, appear …
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Oil prices little changed as expectations for OPEC+ increase weigh
02 Jul 2025 04:27 GMT
… producers next month, a softer U.S. dollar and a mixed bag of … the interplay of potentially rising OPEC+ supply, confusing U.S. … allies including Russia, know as OPEC+, appear already priced in … imminently, she added.
Four OPEC+ sources told Reuters last week …
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Asian stock markets fall as investors eye US rate cuts and Trump’s tariff deadline; oil steady ahead of OPEC+ meeting
02 Jul 2025 03:34 GMT
… steady ahead of the upcoming OPEC+ meeting.
According to Reuters … continued fiscal deterioration.
The US dollar index hovered near multi-year … risk and speculation over OPEC’s production decision. Recent … remain alert for any OPEC+ surprises or US economic …
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USD/CAD Holds Positive Ground Near 1.3650 On Better-Than-Expected US Jobs Data
02 Jul 2025 02:28 GMT
… by Michelle Spollen on Unsplash
USD/CAD posts modest … Asian session on Wednesday. The US Dollar (USD) pares losses against the … geopolitical risks and a potential OPEC+ output increase in August. … Inventories Fell On Higher Demand
USD/CAD Posts Modest …
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US Dollar Steadies as Risk Appetite Eases on Data and Key Deadlines
01 Jul 2025 14:43 GMT
… Habits for the Dollar?
The US dollar is trying to start the … continued output hikes by the OPEC+ alliance. There seems to be …
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Ringgit strengthens as US dollar weakens further in July
01 Jul 2025 04:05 GMT
Ringgit strengthens as US dollar weakens further in July
Published … by persistent weakness in the US dollar.
At 8.01 am, the … 4.2060/2130.
The US Dollar Index (DXY) slipped further to … attention is on the upcoming OPEC+ meeting on Sunday, where member …
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US Dollar: Downtrend Could Accelerate Following NFP Data This Week
30 Jun 2025 23:22 GMT
… weak, which could push US Dollar down further, while gold … -yielding assets).
Technical Analysis
US Dollar
Currently, the Dollar Index …
When USD drops: EUR/USD, GBP/USD usually rise, USD… traders should also monitor OPEC updates and Middle East …
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Oil Edges Up Ahead of Tariff Deadline, OPEC Decision
01 Jul 2025 14:14 GMT
… near $2.2876 gallon. The U.S. Dollar Index slid by 0.348 … U.S. trade policy, OPEC continued in its outward communication … demand growth. On Sunday, OPEC+ delegates will meet to set … defending market share from non-OPEC producers by considerably hiking …