ca.investing.com Open in urlscan Pro
2606:4700:4400::6812:2a52  Public Scan

Form analysis
0 forms found in the DOM

Text Content

Breaking News


 
Quotes
All Instrument Types
 * All Instrument Types
 * Indices
 * Equities
 * ETFs
 * Funds
 * Commodities
 * Currencies
 * Crypto
 * Bonds
 * Certificates



Please try another search

Search website for: 

Popular Searches
SHCR Sharecare Inc Equity - NASDAQ 3030 Saudi Cement Company Equity - Saudi
Arabia ITC ITC Ltd Equity - NSE DT Dynatrace Holdings LLC Equity - NYSE 350520
Igis Residence Reit Co Ltd Equity - Seoul
Popular News
More
Wall Street tumbles on growing concerns over economic growth

Oil near $90 as OPEC+ considers output cut

Bond Selloff, Nike Earnings, Porsche IPO - What's Moving Markets

Sign In/Free Sign Up
0
Recent Alerts
Sign up to create alerts for Instruments, Economic Events and content by
followed authors
Free Sign Up
Already have an account? Sign In
 * English (USA)
 * Русский
 * English (UK)
 * Türkçe
 * English (India)
 * ‏العربية‏
 * English (Australia)
 * Ελληνικά
 * English (South Africa)
 * Svenska
 * English (Philippines)
 * Suomi
 * English (Nigeria)
 * עברית
 * Deutsch
 * 日本語
 * Español (España)
 * 한국어
 * Español (México)
 * 简体中文
 * Français
 * 繁體中文
 * Italiano
 * Bahasa Indonesia
 * Nederlands
 * Bahasa Melayu
 * Português (Portugal)
 * ไทย
 * Polski
 * Tiếng Việt
 * Português (Brasil)
 * हिंदी

Canadian Edition Available
Would you prefer Investing.com's Canadian edition?
No thanksTake me there
 * Markets
   * Forex
      * Forex Majors
      * Single Currency Crosses
      * Live Currency Cross Rates
      * Exchange Rates Table
      * Forward Rates
      * FX Futures
      * FX Options
     
      * USD/CAD
      * EUR/USD
      * GBP/USD
      * USD/JPY
      * AUD/USD
      * EUR/CAD
      * BTC/USD
      * Dollar Index
   
   * Commodities
      * Real Time Commodities
      * Metals
      * Softs
      * Meats
      * Energy
      * Grains
      * Commodity Indices
     
      * Crude Oil WTI
      * Natural Gas
      * Gold
      * Silver
      * Brent Oil
      * US Soybeans
      * US Cotton #2
   
   * Indices
      * Canada Indices
      * Major Indices
      * World Indices
      * Global Indices
      * Indices Futures
      * Indices CFDs
      * Dow Jones Futures
      * S&P 500 Futures
      * Nasdaq Futures
     
      * S&P/TSX
      * S&P 500
      * Dow Jones
      * Nasdaq 100
      * FTSE 100
      * DAX
      * Nikkei 225
   
   * Stocks
      * Stock Screener
      * Trending Stocks
      * Canada
      * US Pre Market
      * Americas
      * Europe
      * 52 Week High
      * 52 Week Low
      * Most Active
      * Top Gainers
      * Top Losers
      * World ADRs
      * Canada ADRs
      * Marijuana Stocks
     
      * Canadian Solar Inc
      * Obsidian Energy
      * Bombardier Inc
      * GoPro Inc
      * Meta Platforms
      * Alphabet A
      * Apple
   
   * ETFs
      * Major ETFs
      * World ETFs
      * Canada ETFs
      * USA ETFs
      * Marijuana ETFs
     
      * SPDR S&P 500
      * BetaPro Crude Oil 2x Daily Bull
      * BetaPro Natural Gas 2x Daily Bull
      * SPDR Gold Shares
   
   * Funds
      * World Funds
      * Major Funds
     
      * RBC Select Balanced Portfolio Series T5
      * PH&N Bond D
      * PH N Total Return Bond A
      * RBC Select Growth Portfolio Series F
   
   * Bonds
      * Financial Futures
      * World Government Bonds
      * Government Bond Spreads
      * Forward Rates
      * Bond Indices
     
      * Canada 10Y
      * Canada 30Y
      * U.S. 10Y
      * U.S. 30Y
      * Germany 10Y
      * Australia 10Y
      * Japan 10Y
   
   * Cryptocurrency
      * Cryptocurrency Pairs
      * All Cryptocurrencies
      * Bitcoin
      * Ethereum
      * Dogecoin
      * Currency Converter
     
      * BTC/USD
      * ETH/USD
      * LTC/USD
      * ETC/USD
      * ETH/BTC
      * DOGE/USD
   
   * Certificates
      * Major Certificates
      * World Certificates
     
      * SG FTSE MIB Gross TR 5x Daily Short Strategy RT 18
      * Vontobel 7X Long Fixed Lever on Natural Gas 8.06
      * BNP Call 500.59 EUR AEX 31Dec99
      * COMMERZBANK AG Put CAC FUT 05/17 31Dec99
 * My Watchlist
 * Crypto
    * Cryptocurrency
    * All Cryptocurrencies
    * Cryptocurrency Pairs
    * ICO Calendar
    * Cryptocurrency Brokers
    * Bitcoin
    * Ethereum
    * Ripple
    * Litecoin
    * Currency Converter
   
    * More in Cryptocurrency
    * BTC/USD
    * ETH/USD
    * LTC/USD
    * ETC/USD
    * ETH/BTC
    * IOTA/USD
    * XRP/USD
    * Bitcoin Futures CME

 * Charts
    * Real Time Charts
    * Live Charts
    * Forex Chart
    * Futures Chart
    * Stocks Chart
    * Indices Chart
    * Cryptocurrency Chart
   
    * Interactive Forex Chart
    * Interactive Futures Chart
    * Interactive Indices Chart
    * Interactive Stocks Chart
    * Multiple Forex Charts
    * Multiple Indices Charts

 * News
    * Financial News
    * Forex
    * Commodities
    * Stock Markets
    * Economic Indicators
    * Economy
    * Cryptocurrency
    * Coronavirus
    * Pro News
   
    * More In News
    * Latest
    * Most Popular
    * Economic Calendar
    * Global
    * Tech
    * Politics

   
 * 
   
 * Analysis
    * Analysis
    * Market Overview
    * Forex
    * Stock Markets
    * Commodities
    * Bonds
    * ETFs
    * Cryptocurrency
   
    * More in Analysis
    * Most Popular
    * Editor`s Picks
    * Comics

 * Technicals
    * Tools
    * Technical Summary
    * Technical Analysis
    * Pivot Points
    * Moving Averages
    * Indicators
    * Candlestick Patterns
   
    * More In Technicals
    * Candlestick Patterns
    * Fibonacci Calculator
    * Forex Pivot Point Calculator

 * Brokers
    * Brokers
    * Forex Brokers
    * CFD Brokers
    * Stock Brokers
    * Online Brokers
    * Crypto Exchanges
   
    * More In Brokers
    * Cryptocurrency Brokers

 * Tools
    * Calendars
    * Economic Calendar
    * Holiday Calendar
    * Earnings Calendar
    * Dividend Calendar
    * Splits Calendar
    * IPO Calendar
    * Futures Expiry Calendar
    * Investment Tools
    * Stock Screener
    * Fed Rate Monitor Tool
    * Currency Converter
    * Fibonacci Calculator
   
    * More In Tools
    * Correlation Calculator
    * Forex Pivot Point Calculator
    * Profit Calculator
    * Margin Calculator
    * Heatmap
    * Volatility Calculator
    * Forward Rates Calculator
    * Mortgage Calculator

 * Education
 * More
    * Alerts
    * Webinars
    * Conferences
    * Trading Guide
    * Central Banks
    * Insights
    * Ad-Free Version
   
    * Webmaster Tools
    * Broker Blacklist
    * Sentiments Outlook

 * Latest
 * Most Popular
 * Forex
 * Commodities
 * Stock Markets
 * Economic Indicators
 * Politics
 * Economy
 * Global
 * Tech
 * Cryptocurrency
 * Coronavirus
 * Pro News

NEW! Get Actionable Insights with InvestingPro+ Try 7 Days Free




OIL PRICES JUMP AFTER U.S. CRUDE, FUEL STOCKS DROP, DOLLAR WEAKENS

Commodities 19 hours ago (Sep 28, 2022 15:00)
4
Saved. See Saved Items.
This article has already been saved in your Saved Items
 


© Reuters. FILE PHOTO: An oil pump of IPC Petroleum France is seen at sunset
outside Soudron, near Reims, France, August 24, 2022. REUTERS/Pascal Rossignol

By David Gaffen

NEW YORK (Reuters) - Oil prices rose on Wednesday for a second day, rebounding
from recent losses as the U.S. dollar eased off recent gains and U.S. fuel
inventory figures showed larger-than-expected drawdowns and a rebound in
consumer demand.

Brent crude futures settled up $3.05, or 3.5%, at $89.32 per barrel. U.S. West
Texas Intermediate (WTI) crude futures ended up $3.65, or 4.7%, to $82.15 a
barrel.

Analysts said oil prices, down more than 22% during the third quarter, may be
bottoming out as Chinese demand shows signs of rebounding and the U.S. sales of
strategic reserves come to a close.

"I do think we are bottoming, but it is going to continue to be exceptionally
volatile, and continue to be keeping easy speculative money away from this
market," said Rebecca Babin, senior energy trader at CIBC (TSX:CM) Private
Wealth US.

U.S. inventory figures showed consumer demand rebounded, though refining product
supplied remained 3% lower over the last four weeks than the year-ago period.

U.S. crude stocks fell by 215,000 barrels in the most recent week, while
gasoline inventories declined by 2.4 million barrels and distillate inventories
by 2.9 million barrels, as refining activity declined following several outages.
[EIA/S]

Refining activity dipped, but refiners are still running at 90.6% of overall
capacity in the United States, the highest for this time of year since 2014, on
both domestic and export demand.

The dollar hit a fresh two-decade peak against a basket of currencies on
Wednesday before pulling back. A strong dollar reduces demand for oil by making
it more expensive for buyers using other currencies. In early afternoon U.S.
hours, the dollar index was down 0.9%.

"These are all dollar-driven rallies across the board," said Eli Tesfaye, senior
market strategist at RJO Futures. "All raw material dominated currencies are up
- crude is not just moving in isolation here."

Goldman Sachs (NYSE:GS) cut its 2023 oil price forecast on Tuesday, due to
expectations of weaker demand and a stronger U.S. dollar but said global supply
disappointments only reinforced its long-term bullish outlook.

Global equities pulled off two-year lows on Wednesday, after the Bank of England
said it would step into the bond market to stem a damaging rise in borrowing
costs, dampening investor fears of contagion across the financial system.





GRAPHIC-Dollar strength outperforms oil price

https://graphics.reuters.com/GLOBAL-OIL/lgvdwrkolpo/chart.png






Oil prices jump after U.S. crude, fuel stocks drop, dollar weakens
4
 



Comments (4)
4




RELATED ARTICLES

Oil near $90 as OPEC+ considers output cut By Reuters - Sep 29, 2022 3

By Ahmad Ghaddar LONDON (Reuters) -Oil prices steadied on Thursday as
indications that OPEC+ might cut output were tempered by a stronger dollar and
weak economic outlook. Brent...


Crude Oil Stabilizes; OPEC+ Meeting Next Week Looms Large By Investing.com - Sep
29, 2022

By Peter Nurse Investing.com -- Oil prices stabilized Thursday as traders
balanced falling U.S. inventories, a strong U.S. dollar, the passing of
Hurricane Ian, heightened...


German Gas Regulator Calls for Household Consumption Cut; EU Eyes Replacing TTF
By Investing.com - Sep 29, 2022

By Geoffrey Smith  Investing.com -- Germany's top energy regulator warned that
households need to cut their gas consumption by at least 20% to avoid rationing
at some stage during...


You May Also Like

Warren Buffett's Largest 2022 Stock Buys Investing.com - EN
Do You Know The Health Benefits of Olive Oil? If Not, Read This Now Top Heart
Surgeon, Dr. Steven Gundry findings show taking a shot of olive oil a day could
be the key to helping you lose weight. Here's why. enrichyourfood.com
[Gallery] Remember Her? She Was A Promising Star in the 90's History A2Z
Most Affordable Camper Vans Camper Vans Warehouse
Gold up Most in 2 Months as U.S. Bond Yields, Dollar Crash By Investing.com News
- CA
Russian Foreign Minister Signals Intention to Annex Southern Ukraine By
Investing.com News - CA



Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective
and ask questions of authors and each other. However, in order to maintain the
high level of discourse we’ve all come to value and expect, please keep the
following criteria in mind: 

 * Enrich the conversation
 * Stay focused and on track. Only post material that’s relevant to the topic
   being discussed.
 * Be respectful. Even negative opinions can be framed positively and
   diplomatically.
 *  Use standard writing style. Include punctuation and upper and lower cases.
 * NOTE: Spam and/or promotional messages and links within a comment will be
   removed
 * Avoid profanity, slander or personal attacks directed at an author or another
   user.
 * Don’t Monopolize the Conversation. We appreciate passion and conviction, but
   we also believe strongly in giving everyone a chance to air their thoughts.
   Therefore, in addition to civil interaction, we expect commenters to offer
   their opinions succinctly and thoughtfully, but not so repeatedly that others
   are annoyed or offended. If we receive complaints about individuals who take
   over a thread or forum, we reserve the right to ban them from the site,
   without recourse.
 * Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from
future registration at Investing.com’s discretion.

I have read and understood Investing.com Canada's comment guidelines and agree
to the terms described.
I Agree

Write your thoughts here
 
Are you sure you want to delete this chart?
Delete Cancel
 

Post
Post also to:

 
Replace the attached chart with a new chart ?
Replace Cancel
1000
Comment Guidelines

Your ability to comment is currently suspended due to negative user reports.
Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.

Thanks for your comment. Please note that all comments are pending until
approved by our moderators. It may therefore take some time before it appears on
our website.
Comments (4)
Loshi Aron 11 hours ago
Share
Follow this post
Unfollow this post
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User

▶️ When it comes to investing, we want our money to grow with highest rate of
returns, and the lowest risk possible. While there is no shortcut in getting
rich. But there are smart ways to go about it. Investing with a reliable
investor like mine. Meet 🅹�...Show more

Reply
1 0
Report
Dydx X Moses 12 hours ago
Share
Follow this post
Unfollow this post
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User

Trading has been a lot more easier with the help of Briana Grozdan on
Whats👤App👉+1(437) 266-1929 invested $1000 and got a return of $10,000 in
14days of trading

Reply
1 0
Report
artur broda 21 hours ago
Share
Follow this post
Unfollow this post
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User

This is really strange!When in us 2 weeks ago build up oil oil wasn't going
down!

Reply
0 0
Report
Fred Crypto Sep 27, 2022 20:42
Share
Follow this post
Unfollow this post
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User

My trading tools has earn me over €200k ever since the drip started some time
you have have to understand that holding is not always the key . Think outside
the box . trading with an excellent investor is the key .let Mrs
Sarah_anderson_fxtrade2 on Insta📈...Show more

Reply
2 2
Report
 
Are you sure you want to delete this chart?
Delete Cancel
 

Post
 
Replace the attached chart with a new chart ?
Replace Cancel
1000
Comment Guidelines

Your ability to comment is currently suspended due to negative user reports.
Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.



Add Chart to Comment

Cancel Attach
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's
Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing
the block.

Confirm Block Cancel
Ok

Report this comment

I feel that this comment is:

Spam Offensive
Submit
Comment flagged

Thank You!

Your report has been sent to our moderators for review
Close
Close
Powered By

10



Daiwa Securities' Tashiro on Yen, Business Strategy


Share

Next
Stay




 * Indices
 * Commodities
 * Stocks
 * Bonds

More Categories
Tabs Selection
IndicesCommoditiesStocksBondsCryptoETFsCurrencies
4/4Apply
1D1W1M6M1Y5YMax
Created with Highcharts 4.0.4 /Highstock
2.0.418,369.8016:0018:0029/0918,200.0018,400.0018,600.00


 S&P/TSX18,362.22-286.70-1.54%  S&P/TSX 601,114.01-16.65-1.47%  US
3029,193.5-490.2-1.65%  US 5003,641.1-77.9-2.10%  S&P 500
VIX32.64+2.46+8.15%  DAX11,959.31-223.97-1.84%  Dollar Index112.465-0.043-0.04% 

 Crude Oil WTI82.08-0.07-0.09%  Brent Oil87.90-0.15-0.17%  Natural
Gas6.757-0.198-2.85%  Gold1,660.95-9.05-0.54%  Silver18.648-0.232-1.23%  US
Soybeans1,412.00+4.00+0.28%  US Cotton #286.37-2.12-2.40% 

 Bombardier Inc25.990-0.870-3.24%  Enbridge37.66-0.82-2.13%  Air
Canada17.22-0.74-4.12%  Ovintiv21.70-0.39-1.77%  Apple143.36-6.48-4.33%  Alibaba
ADR77.37-3.62-4.47%  Twitter Inc42.99-0.26-0.61% 

 Canada 5Y3.304+0.046+1.41%  Canada 10Y3.132+0.044+1.44%  Canada
30Y3.033+0.060+2.04%  U.S. 2Y4.2191+0.1250+3.06%  U.S.
10Y3.786+0.079+2.12%  U.S. 30Y3.730+0.049+1.32%  Germany 10Y2.2205+0.0805+3.76% 

Advertisement


Most Popular Articles
 * News
 * Analysis


Wall Street tumbles on growing concerns over economic growth By Reuters - Sep
29, 2022

Oil near $90 as OPEC+ considers output cut By Reuters - Sep 29, 2022 3

Bond Selloff, Nike Earnings, Porsche IPO - What's Moving Markets By
Investing.com - Sep 29, 2022

Exclusive-Brands blast Twitter for ads next to child pornography... By
Reuters - Sep 29, 2022 2

Dollar dishes the pain as selloff rumbles on By Reuters - Sep 29, 2022 1

More News 
Bargains? 2022 Is Still The Most Expensive Bear Market Of The Last 70... By
Ismael De La Cruz/Investing.com - Sep 26, 2022

Nasdaq: Why We May See Positive Returns In The Next 12 Months By Francesco
Casarella/Investing.com - Sep 28, 2022 3

Wheat’s Charts Suggest A Rally As Putin Sends Russian Farmers To War By Barani
Krishnan/Investing.com - Sep 28, 2022

Should Disney's Stock Be On Your Shopping List? By Haris
Anwar/Investing.com - Sep 28, 2022 4

Chart Of The Day: Fiscal Plans Devalue Pound, Technicals Provide... By Pinchas
Cohen/Investing.com - Sep 29, 2022 3

More Analysis 
Advertisement





Trade With A Regulated Broker


Investing.com
 * Blog
 * Mobile
 * Your Portfolio
 * Widgets

 * About Us
 * Advertise
 * Help & Support


Our Apps
Follow us

 * Terms and Conditions
 * Privacy Policy
 * Risk Warning

© 2007-2022 Fusion Media Limited. All Rights Reserved.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies
involves high risks including the risk of losing some, or all, of your
investment amount, and may not be suitable for all investors. Prices of
cryptocurrencies are extremely volatile and may be affected by external factors
such as financial, regulatory or political events. Trading on margin increases
the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should
be fully informed of the risks and costs associated with trading the financial
markets, carefully consider your investment objectives, level of experience, and
risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is
not necessarily real-time nor accurate. The data and prices on the website are
not necessarily provided by any market or exchange, but may be provided
by market makers, and so prices may not be accurate and may differ from the
actual price at any given market, meaning prices are indicative and not
appropriate for trading purposes. Fusion Media and any provider of the data
contained in this website will not accept liability for any loss or damage as a
result of your trading, or your reliance on the information contained within
this website.
It is prohibited to use, store, reproduce, display, modify, transmit or
distribute the data contained in this website without the explicit prior written
permission of Fusion Media and/or the data provider. All intellectual property
rights are reserved by the providers and/or the exchange providing the data
contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website,
based on your interaction with the advertisements or advertisers.
 * Sign up for FREE and get:
 * Real-Time Alerts
 * Advanced Portfolio Features
 * Personalized Charts
 * Fully-Synced App

Continue with Facebook
Continue with Google
or
Sign up with Email