Oil jumps nearly 4%
Oil jumps nearly 4%
Oil rose nearly 4% on Tuesday. It was boosted by tight supply and hopes that rising Omicron cases will not derail the global demand recovery.…
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Asia Crude Oil are expected to stay under pressure
Asia Crude Oil
During the week of December 20-24, Asia crude oil futures expect to stay under pressure as countries worldwide ponder new restrictions in response to…
Oil up, Omicron news
Oil up, Omicron news
Oil rose in Asia. It extended gains as concerns about the impact of the Omicron COIVD-19 variant on economic recovery and fuel demand subsided.…
Latin American oil assets are at risk
Latin American oil assets are at risk
The World Bank identified Iraq, Libya, Venezuela, Equatorial Guinea, Nigeria, Iran, Guyana, Algeria, Azerbaijan, and…
Gold is up after a mixed U.S. Report
Gold is up after a mixed U.S. Report
Gold was up in Asia on Monday morning as investors digested a mixed U.S. report. They weighed its impact on the Federal…
Oil and Gold prices are up
Oil and Gold prices are up
Oil was up in Asia on Tuesday morning, continuing its recovery from last week's drop. Due to the uncertainty surrounding the new Omicron…
Strategic reserve release crude oil
Strategic reserve release crude oil
The total size of the SPR in the United States is over 700 million barrels.
The current action will expedite the planned…
Gold and oil down
Gold and oil down
Oil was down in Asia on Monday morning, with U.S. President Joe Biden under increasing pressure to release supplies from the Strategic Petroleum…
Oil is rising, US crude oil inventories
Oil is rising, US crude oil inventories
Oil prices rose on Wednesday and from the last session after industry data showed that US crude oil inventories fell…
China’s coal imports nearly doubled as it did a year ago
China's coal imports
China imported nearly twice as much coal in October as it did a year earlier, despite signals that its power shortfall is alleviating.…
OPEC+ has agreed to continue to the oil output schedule
OPEC+ has agreed to continue to the oil output schedule
OPEC and its oil-producing partners have agreed to maintain their current output levels. They refuse to ease…
Oil slips after API data
Oil slips after API data
Industry data showed a significant gain in crude oil and distillate stocks in the United States, the world's top oil user. Hence, oil…
The U.S. unveils crackdown on methane
The U.S. unveils crackdown on methane
As part of a more comprehensive strategy to combat climate change, the Biden administration will unveil a plan on Tuesday.…
Open Season for The Energy Market
Open Season for The Energy Market
Dan Loeb's Third Point Management activist investor firm's stake in Royal Dutch Shell revealed this week may reveal more about how…
Stock Market Forecast: This Is When Risk-On Returns
Stock Market Forecast: This Is When Risk-On Returns
Uneventful S&P 500 session, seemingly – and then the selling came. 4,550 barely held and the bond markets…
Stock Market Forecast: Impacts of the Dollar Decrease
Stock Market Forecast: Impacts of the Dollar Decrease
S&P 500 reversed intraday just as bonds did – but broader sectoral weakness is missing. Tech didn‘t rise…
Oil prices are down to their lowest level
Oil Prices Are Down to Their Lowest Level
Official numbers revealed a surprising increase in oil stocks in the United States, as instances of COVID-19 rise in…
Further WTI spread strength
Further WTI Spread Strength
Energy
ICE Brent has nudged up in early am Asian trading after closing higher for the seventh week in a row. Comments from the Saudi…
Precious metals hike amid inflation worries
Precious metals hike amid inflation worries
Highlights:
ENERGY:
Brent crude slipped by 0.6% or 50 cents, to $84.11 a barrel. Meanwhile, WTI crude futures…
Stock Market Forecast: Whiff of Risk-Off Next
Stock Market Forecast: Whiff of Risk-Off Next
S&P 500 indeed overcame 4,520, but wavered at the same time – tech didn‘t rise. Volatility though remained meek,…