Tag: Oil trading
Oil drops as hurricane influences on U.S. refining
Oil prices slid on Tuesday between worries that power outages and flooding in Louisiana following Hurricane Ida will lower crude demand from refineries while...
Hurricane Ida crashes the critical U.S. oil port
Hurricane Ida approached landfall on Sunday as a Category 4 storm near Port Fourchon, Louisiana, hitting critical U.S. oil infrastructure with blows upward to...
Oil falls under $66
Distribution of the Delta variant in areas of low vaccination is pushing transmission of coronavirus, the World Health Organization stated. CVID-19-related deaths have spiked...
Oil Drops Over Continuous Fuel Demand Worries
Both Brent and WTI futures were below the $70-mark, following slumping higher than 5% over the preceding six assemblies. They traded near their weakest...
Oil Prices Dragged Down by Low Asian Demand
Brent crude was under 26 cents, or 0.3%, at $69.25 by the barrel as 0918 GMT, following growing as high as $69.77 earlier in...
OPEC+ supply increase unlikely
On Wednesday, U.S. President Joe Biden's administration requested the Organization of Petroleum Exporting Countries (OPEC) and its partners, identified as OPEC+, to increase production...
Weekly Overview-Forex, Crypto, Stocks, Commodities
Forex market
The world economy is slightly progressing. In the article, we will discuss some essential updates in Forex, Crypto, Stocks, and Commodities and overview the...
Crude Oil Futures Even on Mixed EIA Report
At 11:38 am Singapore time (0338 GMT), the ICE October Brent futures contract was more extra. It lead 11 cents/b (0.15%) from the previous...
Oil Increases on Brighter Fuel Demand Outlook
Brent oil futures went up 0.06% to $70.67 by 10:27 PM ET (2:27 AM GMT). Additionally, WTI futures increased 0.03% to $68.31. U.S. and European...
Weekly overview of Forex, Crypto, Stocks and Commodities
Forex Weekly Overview
The forex market has some positive outcomes by the end of this week. The dollar got stronger after adjustment for inflation in...
Markets eye US jobs; stocks dip, while oil sharply fell
Stocks and emerging markets currencies declined on Friday. Meanwhile, oil headed for its biggest weekly slump since March. Remarkably, concerns over the spread of...
Weekly overview: Forex, Crypto, Stocks, Commodities
The world economy started to recover gradually as vaccination goes smoothly in most of the countries. Some industries find it a positive effect, while...
Global stock markets were mixed on Wednesday
On July 28, global stock markets were mixed. As we know, Wall Street pulled back from a record, which came as investors are waiting...
Oil drops as rising coronavirus reduce fuel demand
Oil was falling Monday morning in Asia but continued little changed even as increasing numbers of coronavirus cases globally proceed to cloud the fuel...
Weekly Overview: Forex, Stocks, Crypto, Commodities
Covid-19, with its new variants, remains the hot topic status for every industry, every field. The influence still is strong on the forex, cryptocurrencies,...