Tag: crude oil
Nigerian Naira Plunge Goes Unabated Despite Emerging Delta Deal
Nigerian Naira Plunge Goes Unabated Despite Emerging Delta Deal
After two years of depressed crude oil prices and an enduring standoff in the Niger Delta...
Rising Crude Production and Imports Signals Potential Inventory Problems Ahead
Rising Crude Production and Imports Signals Potential Inventory Problems Ahead
Oil prices climbed after the latest Energy Information Administration data discussing trends in crude oil...
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...
Eddie Tofpik: Ineffective Japanese Data
Quiet in Asia after yesterday’s ‘fat fingers’ incident in GBPUSD along with continued indecision in EURUSD. Elsewhere – worse Chinese trade data and better...
Massive Explosions Cripple Nigerian Oil Industry
Nigerian Crude Oil Production Halved by Militant Activity
On Saturday, 28 May 2016, a series of explosions rocked Nigeria as a new militant group –...
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...
Market News: Gold prices turned negative as corrective rally in WTI
Good morning! Here's what you need to know in markets on Wednesday.
The minutes of the latest US Federal Reserve FOMC meeting are released...
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...
Market Update Oil Prices Reach Lows, Dragging Stock Lower
The oil rout intensified on Thursday, with US crude prices plumbing 13-year lows as investors braced for a weak demand outlook in the wake...
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...
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...
EUR/USD Declines on Weak Eurozone CPI ahead of ECB Meeting
The EUR/USD declined on Wednesday, falling below 1.06 after weaker than expected Eurozone inflation data strengthened the case for more expansive monetary policy by...
Asian Stocks Snap Back on China Data
Asian stocks rebounded following last week’s rout, as investors digested mixed China manufacturing data amid ongoing brokerage probes.
Mainland China stocks posted modest gains on...
Factors That Will Shape The Markets The Next Quarter
Factors That Will Shape The Markets The Next Quarter!
Throughout the past several years, the market has been running with the bulls. However, there are...
Crude Oil Pushes Higher as Demand Improves
The price of oil advanced for a second consecutive day on Tuesday, after Saudi Arabia increased pricing to Asia in a sign that demand...
Brent Crude Tumbles as Oversupply Remains In Focus
Oil prices declined on Thursday after an OPEC minister signalled that output would remain elevated, raising speculation the global oil glut would persist for a...
Crude Prices Slump, Supply Glut Back in Focus
The price of crude oil declined on Tuesday following several weeks of stability, a sign speculators were still concerned about rising global inventories after...
