Oil

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Oil prices kicked off the week with a notable rally, driven by OPEC+'s decision to postpone an anticipated production increase ahead of the imminent U.S. presidential elections. The oil cartel and its allies, including Russia, opted to delay plans to ramp up output by another month, citing ongoing...

By RoboForex Analytical Department Brent crude oil prices climbed above 74 USD per barrel following OPEC+'s announcement to delay its production increase originally scheduled for December. This decision marks the second postponement by OPEC+ amid persistent global economic challenges and aims...

Bankruptcy Block TGI Fridays just rang the "last call" for a financial lifeline, filing for Chapter 11 bankruptcy in Texas. Known for its appetizers, wings, and cocktails, the restaurant chain plans to keep its 39 company-owned locations open as it attempts to restructure its finances and “...

Oil is traded higher on Friday because of geopolitical tensions, which have also caused some oil stocks to move up. As you can see on the chart below, Chevron Corporation (NYSE:CVX) is no exception. This is why our team of expert technical analysts has made it our Stock of the Day. Moves in...

Crude prices are nearing full recovery from early-week losses, poised for a third consecutive daily gain on Friday amid escalating geopolitical tensions in the Middle East. A report by Axios on Thursday, citing two Israeli intelligence sources, indicates Iran may be preparing a major retaliatory...

To gain an edge, this is what you need to know today. Unrealistic Expectations Please click here for an enlarged chart of Microsoft Corp (NASDAQ:MSFT). Note the following: This article is about the big picture, not an individual stock.  The chart of MSFT stock is being used to illustrate the...

Oil is making a big move lower, with some analysts attributing the decline to Israel’s decision not to target Iranian oil facilities. As a result, most oil stocks are also trending lower. For Exxon Mobil Corporation (NYSE:XOM), if shares continue to slide, there's a strong likelihood of...

To gain an edge, this is what you need to know today. Fate Of Nasdaq 100 Please click here for an enlarged chart of Invesco QQQ Trust Series 1 (NASDAQ:QQQ). Note the following: The chart shows that QQQ is in the resistance zone.  As a reference, S&P 500 has broken out, but QQQ has lagged...

Crude oil prices plummeted over 6% on Monday, approaching levels not seen since early October, as investors processed news of targeted Israeli airstrikes in Iran. U.S. energy stocks followed suit during premarket trading in New York, with sector ETFs posting sharp losses at the start of the week....

An outdated infrastructure and fuel shortages have again caused severe power blackouts in Cuba, embodying the crisis deeply rooted in the troubled economy. The situation, already critical in recent years, has deteriorated further during hurricane season — Hurricane Oscar just dumped heavy rain —...

To gain an edge, this is what you need to know today. No Landing Please click here for an enlarged chart of American Express Company (NYSE:AXP). Please click here for an enlarged chart of NVIDIA Corp (NASDAQ:NVDA). Note the following: This article is about the big picture, not an individual stock...

Kinder Morgan Inc (NYSE:KMI) reported third-quarter financial results after the market close on Wednesday. Here’s a look at the key details from the quarter. Q3 Earnings: Kinder Morgan reported third-quarter revenue of $3.699 billion, missing the consensus estimate of $3.975 billion...

To gain an edge, this is what you need to know today. Stock Market Direction Please click here for an enlarged chart of NVIDIA Corp (NASDAQ:NVDA). Note the following: This article is about the big picture, not an individual stock. The chart of NVDA stock is being used to illustrate the point. The...

To gain an edge, this is what you need to know today. Google Goes Nuclear Please click here for an enlarged chart of Nano Nuclear Energy Inc (NASDAQ:NNE). Note the following: This article is about the big picture, not an individual stock. The chart of NNE is being used to illustrate the point....