Oil prices have surged as renewed Middle East tensions raise concerns over global supply disruptions. Find out what's driving the latest rally in WTI and Brent crude, the key risks to watch, and what it could mean for energy markets and traders in the weeks ahead.
Oil just surged as Middle East tensions reignite - here’s what you need to know
Oil prices surged on July 8 as WTI crude settled above $73 and Brent climbed past $78, marking their biggest daily gains in weeks. Discover what fueled the rally, the latest oil price forecast, key technical levels, and how Australian traders can capitalize on crude oil CFDs.
Oil Price Forecast: WTI Jumps Above $73, Brent Surges 5%—Will Crude Oil Rally Continue?

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OpenAI, Meta and SpaceXAI at war to make enterprise AI dramatically cheaperThere is fierce competition among OpenAI, Meta Platforms ($META), and SpaceXAI (NASDAQ: SPCX) on prices of enterprise AI, not just the scores for the models. They launched their latest models this week, promising improved performance but reduced prices to win the corporate scrutiny. This year, some firms had their employees work with AI all day...
Author  Cryptopolitan
9 hours ago
There is fierce competition among OpenAI, Meta Platforms ($META), and SpaceXAI (NASDAQ: SPCX) on prices of enterprise AI, not just the scores for the models. They launched their latest models this week, promising improved performance but reduced prices to win the corporate scrutiny. This year, some firms had their employees work with AI all day...
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TSMC, Samsung and SK Hynix now make up nearly 30% of emerging marketsTaiwan Semiconductor Manufacturing Co. (NYSE: TSM), Samsung Electronics (KRX: 005930) and SK Hynix (KRX: 000660) now make up more than 30% of the MSCI Emerging Markets Index. Their combined share is close to the Magnificent Seven’s weight in the S&P 500. Technology now covers about 45% of the emerging-market gauge. These three chipmakers are worth...
Author  Cryptopolitan
9 hours ago
Taiwan Semiconductor Manufacturing Co. (NYSE: TSM), Samsung Electronics (KRX: 005930) and SK Hynix (KRX: 000660) now make up more than 30% of the MSCI Emerging Markets Index. Their combined share is close to the Magnificent Seven’s weight in the S&P 500. Technology now covers about 45% of the emerging-market gauge. These three chipmakers are worth...
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Analysts push back on Musk's space computing timelineSpaceX's AI returns over the coming years will not come from outer space. According to Wall Street analysts, the money is coming from Earth data centers.
Author  Cryptopolitan
9 hours ago
SpaceX's AI returns over the coming years will not come from outer space. According to Wall Street analysts, the money is coming from Earth data centers.
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Economists See Lower Recession Risk: Will Fed Still Hike Interest Rates?US economists lowered their recession odds to 25% while raising inflation forecasts, according to a Wall Street Journal survey, leaving the Federal Reserve little room to cut interest rates this year.
Author  Beincrypto
9 hours ago
US economists lowered their recession odds to 25% while raising inflation forecasts, according to a Wall Street Journal survey, leaving the Federal Reserve little room to cut interest rates this year.

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Crypto

Ethereum

Intraday

Intraday: rebound towards 1841

Our preference

rebound towards 1841.

4 mins ago

Bitcoin

Intraday

Intraday: rebound towards 64500

Our preference

rebound towards 64500.

5 mins ago

WTI

Intraday

Intraday: the downside prevails.

Our preference

short positions below 74.15 with targets at 72.25 & 71.15 in extension.

1 hour ago

Gold

Intraday

Intraday: rebound.

Our preference

long positions above 4045 with targets at 4095 & 4120 in extension.

1 hour ago

Silver

Intraday

Intraday: rebound.

Our preference

long positions above 57.85 with targets at 59.40 & 60.10 in extension.

1 hour ago

USD/JPY

Intraday

Intraday: caution.

Our preference

long positions above 161.70 with targets at 162.25 & 162.50 in extension.

1 hour ago

GBP/USD

Intraday

Intraday: rebound.

Our preference

long positions above 1.3365 with targets at 1.3420 & 1.3450 in extension.

1 hour ago

EUR/USD

Intraday

Intraday: continuation of the rebound.

Our preference

long positions above 1.1410 with targets at 1.1445 & 1.1465 in extension.

1 hour ago

Ethereum

Intraday

Intraday: rebound towards 1848

Our preference

rebound towards 1848.

2 hours ago

Bitcoin

Intraday

Intraday: rebound towards 64550

Our preference

rebound towards 64550.

2 hours ago
Data Source: Trading Central*
Data Source: Trading Central*

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