Oil

Key points: U.S. job openings fell to a three-year low, signaling potential economic slowdown. Treasury yields declined, while the dollar and safe-haven assets saw gains. The U.S. economy’s recently robust performance may be starting to wane, as indicated by the …

Key points: OPEC+ to discuss maintaining voluntary output cuts of 2.2 million barrels per day. Brent crude futures for July increased slightly to $82.23 a barrel. Oil prices saw minimal movement in early Asian trading on Monday, as market participants …

The Dow Jones and S&P 500 both ended their multi-week winning streaks, a shift driven by economic data that came in hotter than expected. This unexpected resilience in the economy has prompted many to push back their expectations for Federal …

Key Points:  Brent crude futures continued to fall to $81 per barrel, and WTI crude futures dropped to $76 per barrel.  The FOMC meeting minutes indicated the potential for further rate hikes if inflation surges, impacting the demand for crude …

Key Points:  Brent crude futures fell toward $83 per barrel due to Middle East developments.  WTI crude futures also declined to $78 per barrel.  The OPEC meeting on June 1 is crucial for potential production cut rollovers.  On Tuesday, both …

Key points: Brent crude rose 0.3% to $84.24; WTI gained 0.2% to $80.21. U.S. replenishes Strategic Petroleum Reserve with 3.3 million barrels at $79.38 each. Oil prices edged higher in early Asian trading on Monday, adding to last week’s gains. …

Key points: Oil prices rise on improving demand signals from China and the US. Brent crude and WTI crude futures are set for weekly gains. Oil prices increased on Friday, with global benchmark Brent set for its first weekly gain …

Key Points:  WTI crude futures approach $79 per barrel following disruptions in Canada’s oil sands production and a larger-than-expected decline in US crude oil inventories.  OPEC+ exceeded production limits by 568,000 barrels per day, however such overproduction aligns with demand …

Key points U.S. crude inventories decrease, suggesting a tightening oil supply. Rising expectations for a Federal Reserve rate cut by the end of the year influence oil market trends. 9th May 2024 – On Thursday, oil prices experienced a moderate …

Key points: MSCI’s ACWI index reaches its highest point since June 2022. Expectations of rate cuts by major central banks propel stock markets globally. Global stock markets experienced a significant rally on Monday, driven by the anticipation that major central …