Dow finished down 190 in a choppy session & not far from session lows, decliners over advancers 2-1 & NAZ rose 34. The MLP index was off 1 to the 249s & the REIT index drop… Read More
Oil set for second weekly gain on Gaza escalation fears
By Paul Carsten
LONDON (Reuters) – Oil prices climbed on Friday and were on track to rise for a second week on heightened fears… Read More
Oil up about 2% on big US crude storage draw, Middle East tension
By Scott DiSavino
NEW YORK (Reuters) -Oil prices climbed about 2% to a two-week high on Wednesday on a bigger-than-expected… Read More
Once again, the dichotomy between retail diesel direction and that of the futures and wholesale markets is kicking off another week.
The Department of Energy/Energy Information Administr… Read More
Oil prices jump as Middle East violence rattles markets
By Andrew Hayley
BEIJING (Reuters) -Oil prices were up more than $3 a barrel in Asian trade on Monday as military clashes between Isra… Read More
Dow was up 57, decliners over advancers about 2-1 & NAZ continued weak, losing another 123. The MLP index added 1+ to the 239s & the REIT index edged up 2+ to the 364s. J… Read More
Crude oil futures rose by approximately 1% to reach a one-week peak on Friday due to a surge in U.S. diesel prices, a decrease in the number of active oil rigs, and a fire outbreak at a refi… Read More
Dow crawled up 26, decliners over advancers 3-2 & NAZ gained 143 after recent selling. The MLP index was off 2 to the 235s & the REIT index pulled back 2+ to the 368s. Ju… Read More
Trading oil is a popular way to participate in the global economy because oil is crucial for economic growth. It’s like the “life’s blood” that keeps the economy runn… Read More
Oil prices remained steady on Tuesday, staying close to three-month highs. This was due to indications of tighter supplies and assurances from Chinese authorities to support their economy, w… Read More
Various factors such as domestic and global macroeconomic data, the trend in global stock markets, the progress of monsoon, the movement of the rupee against the dollar, and crude o… Read More
Concerns of oil traders and analysts have shifted from under-supply to over-supply, the futures contract structure of the global benchmark Brent showed on June 28, as expectations o… Read More
Crude oil and and crude ETFs are gaining some momentum on Wednesday, coming off latest vary lows, as buyers await feedback from Federal Reserve Chair Jerome Powell, who is ready to handle… Read More
The market will take further cues from the upcoming meeting of the oil producing cartel even as conflicting messages from Russia and Saudi Arabia’s energy minister have kept oil p… Read More
Oil costs were up on Friday and gotten a fourth consecutive seven day stretch of gains after the West’s energy guard dog said worldwide interest will hit a record high this year on the… Read More
By JustMarkets
The US dollar came under pressure last week, falling about 0.8%, which was caused by a sharp drop in US bond yields. Traders and investors reassessed the Federal Reserve&rsquo… Read More
A year of war in Ukraine has highlighted the return of oil as a source of U.S. financial influence and geopolitical power.
As the West has shunned most Russian energy, unleashing a pr… Read More
Trading instruments
Currency pairs
In the Forex market, you buy and sell in currency pairs. The first currency in a pair is a base currency, and the following – a quote currency. When… Read More
Futures Slide With Treasuries As Recession Fears Mount
One day after the S&P had its worst day since Dec 15, failing to hold the 200dma, US equity futures entered Thursday e… Read More
…Traders weigh demand against economic headwindsFollowing China’s economic reopening, against broader global economic headwinds, oil prices fell at the start of trading yesterd… Read More
(London) Oil prices remained flat on Friday for an unrepresentative final session in a year marked by Russia’s invasion of Ukraine, recession fears and the COVID-19 pandemic in Chin… Read More
After OPEC+ maintains output stability and imposes a Russian price cap, oil prices increase
Representative PictureAt 09:45 GMT, WTI crude futures were up $1.40, or 1.8%, to $81.38 a barre… Read More