Oil, Crude, trading
Read More »Oil Prices Rise as Fears of a Supply Shortage Grow Due to Political Tensions
Oil prices rose on Tuesday, recouping some of their losses on Monday as rising tension in Eastern Europe and the Middle East heightened fears of a supply shortage. Brent crude futures rose $1.21, or 1.5 percent, to $87.52 a barrel by 0946 GMT, after falling 1.8 percent in the previous …
Read More »Oil Prices Rise 1% Due to Fear of Supply Shortage
Oil prices rose on Tuesday, recouping some of their losses on Monday as rising tension in Eastern Europe and the Middle East heightened fears of a supply shortage. Brent crude futures rose 60 cents, or 0.7 percent, to $86.87 a barrel, after falling 1.8 percent in the previous session. US …
Read More »Oil: Stay on The Fence Until Pending Orders 25/1/2022
Oil, Crude, trading
Read More »USD/CAD Rallies Amid Broad Risk Asset Retreat
Having started the day closer to 1.2550, and being on course to post on-the-day gains of about 1.0%, the USD/CAD pair is currently penetrating the 1.2700 level having rallied from the mid-1.2500s on Monday amid widespread losses for risk assets m meanwhile, safe-haven demand amid geopolitical tensions and amid pre-Fed …
Read More »Oil Prices Rise 1% Due to Fear of Supply Shortage
Oil prices jumped on Monday as geopolitical tensions in Eastern Europe and the Middle East raised concerns about the outlook for oil supplies, while OPEC and its allies continued efforts to increase production. Brent crude futures rose 87 cents, or 1.0 percent, to $88.76 a barrel by 0100 GMT, ending …
Read More »Weekly Recap 17 – 21 Jan.
US Treasury yields have been the deciding factor in the price action in global financial markets over the past week. The yield on US ten-year bonds fell to 1.792% from last week’s close of 1.761%. The markets have been moved by the US Treasury yields over the past week. The …
Read More »Oil Falls With Profit-Taking After US Stockpiles Increase
Oil prices fell on Friday, January 21, after rising to a seven-year high this week, as an increase in US crude and fuel inventories prompted investors to cash in on the rally. Gasoline stocks rose in the United States, the world’s largest oil consumer, by 5.9 million barrels, to the …
Read More »Oil May Have a Temporary Negative Attack 21/1/2022
Oil, Crude, trading
Read More »Petroleum Institute: US Oil Stocks Rise by 1.4 Million Barrels in a Week
According to data from the American Petroleum Institute, crude oil inventories in the United States increased by 1.4 million barrels during the week ending on the fourteenth of January. In its weekly report, the American Institute indicated that gasoline stocks increased by 3.5 million barrels during the past week, while …
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