Tag: Brent Crude

Market Report: Focus on US Economy, Banking Worries Continue, Ad Giant WPP Stays Bullish

Market Report: Focus on US Economy, Banking Worries Continue, Ad Giant...

• Cautious wait for US GDP snapshot to help assess if interest rates will rise further. • Banking worries swirl as First Republic’s position becomes more precarious. • Brent...
Hopes Rise For Ukraine

Markets Unsettled As Hopes Rise For Ukraine Talks But Worries Resurface...

Markets Unsettled As Hopes Rise For Ukraine Talks But Worries Resurface About Covid In China Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown: ‘’European indices...

‘Brexit Uncertainty Keeps the Markets on Standby’, Warns Market Strategist

September's last week promises to be an important one for all sorts of markets due to the ongoing Brexit talks between the UK and...

Crude Oil Back on the Retreat

In spite of supply disruptions and inventory drawdowns that have raised speculation that record American oil inventories are going to ease further, oil prices...
FXPRIMUS

FXPRIMUS Launches Brent Crude And WTI

FXPRIMUS The Safest Place To Trade has announced the launch of new favorite tradable instruments: Brent Crude Oil (UKOIL) and WTI (OIL), and Spot...

Supply Disruptions Overshadow Oil Inventory Fears

Ongoing supply disruptions across the global energy industry continue to drive oil prices higher despite the fact that output levels from key producers are...

Is The Ruble Rally About To Fade?

After strengthening for the last few weeks, the Ruble Rally, on the back of stronger oil prices, the run higher in the Ruble...
Russian Oil

Russian Output Freeze Red Herring for Oil Market

Oil is once more on the retreat following revelations that the output freeze accord initiated by Saudi Arabia and Russia was just a ruse...
Oil prices tempest slide tradersdna

Oil Prices Slide on Supply Overhang, Dollar Strength

Oil prices were under renewed pressure on Monday, with US-traded crude falling below $30 a barrel on lingering concerns over a worsening supply glut...

Falling Oil Prices Hit Energy Shares

The price of oil backtracked further on Tuesday, triggering a slide in global energy shares in the wake of BP’s (LON: BP) shocking earnings...

Shanghai Composite Dives More than 6% in Renewed Volatility

Chinese stocks took a beating on Tuesday, with the Shanghai Composite plunging to its lowest level in 14 months after a late selling frenzy...

Markets Under Pressure as Oil Prices Hit Fresh Lows

Asian and European markets were back on the defensive Wednesday, as oil prices wallowed at their lowest level since 2003, triggering a sharp selloff...

A fear surrounding the state of China’s economy pushes Oil to...

West Texas Intermediate crude oil broke below the $30 psychological support for the first time since winter 2003 due to oversupply in the market...
China Economic Woes

Weekly Markets Update China Growth Fears Drags Oil Prices Lower for...

Ongoing concerns about China’s economic health pushed mainland stocks lower on Monday, while oil prices continued to plumb new lows amid heightened oversupply worries. Oil...

Oil Flooding International Markets Sends Prices Tumbling

Even though China has been stealing the show with the resurgence in volatility since the yearly reopening, the other major product that has been...

China Volatility Sends Global Markets Crashing

Global stock prices collapsed on Thursday and oil prices fell to their lowest level in more than a decade after renewed volatility in China...

Oil Prices Decline as Concern Over Commodities Continues

Oil prices declined sharply on Wednesday after government data showed an unexpected rise in US commercial crude inventories, raising concerns about an worsening supply glut. The...

Oil Retreats as Saudi Arabia Delivers Largest Budget Deficit in History

Oil prices declined sharply on Monday, pulling back from last week’s rally as OPEC kingpin Saudi Arabia delivered its largest budget deficit in history. Collapsing...