Home Tags Oil trading

Tag: Oil trading

Bitcoin Drives to $40K – Are Bulls Strong Enough?

The price of Bitcoin has been falling in the last two months. During this time, It tested $37,600 in multi-instance support. Added to this...

Asia’s Exchange Markets on a Rise, Thai Baht Leads The Way

The Thai baht and Malaysian ringgit led advances among developing Asian currencies on Thursday, as the dollar fell after the US Federal Reserve hiked...

The Eu’s Oil Embargo Risks Escalating Already High Inflation

For more than half of their crude imports, most Eastern European nations still rely on Russia. With the decision to cut off Russian oil...

Oil leaps as EU confirm ban on Russian crude

On Wednesday, oil prices ticked higher as the European Union, the world's largest trading bloc, stated plans to phase out imports of Russian crude. Brent...

Crude oil slumps on Chinese growth concerns

On Monday, crude prices skidded on broader concerns about the weak economic growth in China, the largest oil importer. Brent crude futures declined 2.87% or...

Oil rallies on chances of EU ban on Russian crude

On Friday, oil prices headed to a fifth monthly advance on the likelihood that Germany will join other European Union countries in banning Russian...

OMV Plans Ruble Accounts For Russia’s Ruble Only Gas Trade

OMV (OMVV.VI) is one of the top importers of Russian gas. The last Thursday, some resources have reported that OMV is now preparing to...

Why does Rosneft accept Ruble Payment Only?

Five traders claimed on Monday that Russia's (ROSN.MM) Rosneft failed to sell oil in a jumbo tender after requiring prepayment in rubles. This means...

Indonesia plans to widen palm oil export ban

Indonesia stated its plans to widen its ban on exports of refined palm olein if it faces domestic shortages of the derivatives. The world's biggest...

European Stocks Fell, Let’s Find Out What Happened

European stocks suffered serious losses on the first day of the week. Stocks declined to a one-month low and commodity prices dropped on Monday...

Japan To Increase Budget By $21B To Deal With Rising Costs

Japan's governing coalition agreed on a supplemental budget on Thursday to help lower-income people and small businesses, signaling additional spending for the massively indebted...

Chinese Stocks Suffered the Biggest Losses

Stocks are susceptible to various risk factors. For example, stocks in Asia-Pacific were mixed on Thursday as investors continued to monitor the pandemic in...

Oil prices gain pace as supply concerns dominate

On Thursday, oil prices rebounded as concerns about lower economic growth and demand stagnation weighed against tightening supplies. Brent crude futures increased 1.76% or 1.85...

Crude oil ticks lower on mixed supply signals

On Thursday, crude prices declined as investors weighed a bigger-than-expected build in US oil stocks against tightening global supply. The Brent oil futures skidded 1.34%...

China’s Commerce With Russia Is Slowing But Still Growing

Beijing condemned Western sanctions on Russia following its invasion of Ukraine; hence, China's overall commerce with Russia increased by more than 12% in March;...