US Oil technical update to help determine how to better trade the rangebound action.
22-07-2025 18:06 GMT
by Elior Manier
Energy news
Energy commodities are essential fuels that power modern society. Explore key energy sources like crude oil, natural gas, coal, and emerging renewable energies. Learn about their global impact on the economy and environment.
Asia-Pacific markets saw mixed action as investors locked in profits ahead of key risk events. Singapore's STI snapped its winning streak, Japan's Nikkei slipped despite early gains, while Hong Kong’s Hang Seng held firm. The US dollar steadied after recent losses, Gold (XAU/USD) hit a 5-week high before easing on overbought signals, and WTI crude extended losses amid demand concerns. All eyes now turn to Fed Chair Powell’s speech for fresh policy cues.
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