May 2, 2023
Via: DailyFXCrude oil surged in early April following OPEC+’s unexpected announcement to cut production to stabilize energy markets. The decision briefly carried WTI futures to their best levels since November 2022, but the bullish impetus faded quickly when prices were unable […]
August 30, 2022
Via: ABC NewsAsian stocks were mixed Tuesday after Wall Street fell following last week’s Federal Reserve pledge to fight inflation by keeping interest rates elevated. Shanghai and Hong Kong fell while Tokyo and South Korea advanced. Oil prices retreated. Wall Street’s benchmark […]
April 20, 2022
Via: DailyFXWith the Russian invasion of Ukraine on the cusp of entering its third month, energy markets have endured another wave of increased volatility. But the news flow around oil has been conflicting to say the least, and it may be […]
May 26, 2020
Via: Market WatchOil futures traded higher Tuesday, encouraged by continued cuts in crude production and a pickup in demand as pandemic-related lockdowns ease around the world. “Supply and demand are both trending bullish for prices of late, with recent estimates citing a […]
February 28, 2020
Via: Market WatchThe benchmark S&P 500 Index of U.S. stocks fell for a sixth straight day since hitting a closing high Feb. 19, as losses accelerated. The S&P 500 plunged 4.4% Thursday, bringing the six-day drop to 12%. Thursday was the worst […]
October 23, 2019
Via: CNBCInternational benchmark Brent crude is likely to continue trading at around $60 a barrel next year, Goldman Sachs said on Wednesday, in the absence of any “meaningful” energy market shocks. The U.S. investment bank said Brent crude futures had been […]
April 23, 2024
March 28, 2024