Tag Archives: Oil

Oil, Crude, trading

Oil, Crude, trading

U. S. WTI sharply advances in the New York session, up by almost 2%, trading at $82.93 per barrel. Earlier, Tuesday, oil retreated under the $81.00 psychological figure, but later found support at the 1-hour 50-simple moving average at $80.99, which capped the downward pressure on the U. S. crude …

Oil, Crude, trading

Oil, Crude, trading

All expectations that signals by BoC and RBA could push the world’s monetary policy actors to accelerate their own timelines for interest rate hikes, ran into a solid wall with the U. S. Federal Reserve and European Central Bank announcing they would not hike interest rates so fast, though Fed …

Oil, Crude, trading

Oil prices fell to their lowest level in nearly four weeks on Wednesday after a larger-than-expected increase in US crude stocks, although gasoline stocks in the world’s largest consumer, the United States, sank to a four-year low. The global benchmark Brent crude contracts fell $2.73, or 3.2 percent, to settle …

Oil, Crude, trading

Oil, Crude, trading