Sat, December 02, 2023

Petroleum trading

Why Investors Should Invest in Exchange Traded Funds 

Deciphering Stock Market Patterns: Global Perspective

A delicate dance between global economic factors and local influences often marks the world of stock market patterns. Asian shares experienced a turbulent Friday, with the looming possibility of a 5.0% yield on the 10-year US Treasury, a level not seen since 2007, exerting added pressure on Wall Street. Analyzing the market’s response to these …

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Oil

Navigating Oil Profit Amidst Market Volatility

Oil profit remains a central focus for investors and traders as the energy market experiences fluctuating dynamics. Recent developments indicate a potential path for profit generation in the ever-volatile oil sector. Oil prices have recently shown an upward trend, driven by concerns over supply tightness in the approaching winter and the delicate state of the …

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Commodities and markets

Malaysia’s Trade Amidst the Commodity Super Cycle

Recent attention in the world’s economic landscape has focused on the commodity super cycle, defining it as a prominent phenomenon. In this article, we explore Malaysia’s trade performance in August 2023, shedding light on the country’s export-import dynamics and trade surplus. Malaysia’s Trade Woes Amid Commodity Super Cycle As the commodity super cycle influences global …

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Dollar continues gaining. What about commodity currencies?

The Recent Developments in Commodity Markets

The Recent Developments in Commodity Markets In the ever-evolving world of commodity markets, two significant developments have caught the attention of industry observers. First, Bangladesh has taken a stride forward by installing its maiden single-point mooring system in the Bay of Bengal. This enables higher crude imports from Saudi Arabia and the United Arab Emirates …

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commodity

TSX Slips on Weaker Commodity Prices

Monday’s trading session on the Toronto Stock Exchange saw the S&P/TSX composite index experience a lackluster performance. The slight losses decline in mining and energy stocks due to weaker commodity prices. Investors awaited key economic data from Canada and the upcoming testimony by US Federal Reserve Chair Jerome Powell. As of 9:50 a.m. ET (1350 …

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Commodities and education

Weak commodities indicators: Oil prices fall 3%

On Tuesday, oil prices fell to their lowest level since late March. According to the disappointing Chinese economic data, predictions of interest rates rose significantly. The US Federal Reserve and the European Central Bank (ECB) expressed concerns about sufficient supply this week. Brent crude slid $2.41, or 3.04%, to $76.90 a barrel by 1404 GMT. …

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global commodities

Oil prices are down: Economic concerns increase

Oil prices fell as the short-covering surge spurred by OPEC+’s unexpected output goal drop ended. Oil prices fell as the short-covering surge spurred by OPEC+’s unexpected output goal drop ended. Therefore, global economic fears prompted a wave of profit-taking and new short sells. Within the time period of the previous seven days until April 25, …

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Oil prices rose

Oil prices fell as potential U.S. interest rate hikes could slow growth

Oil prices retreated as a potential U.S. interest rate hike, which could slow growth and pause oil consumption, weighed on strong economic data from China. Brent crude futures were down $1.83, or 2.23%, at $82.94 a barrel, while West Texas Intermediate was down $1.83. The U.S. Federal Reserve is likely to make another interest rate …

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Oil Rises On Tight Supply Moves

Oil prices steadied as the market waited for U.S. inflation data

Oil prices held steady as the market awaited the U.S. inflation report later in the day, which will greatly impact the Federal Reserve’s policy on raising interest rates. Brent crude oil prices were up 14 cents, or 0.2%, at $85.76 a barrel, while U.S. West Texas Intermediate was up 10 cents, or 0.11%, at $81.64 …

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Crude oil jumps on IEA supply shortfall warning

Oil prices rose, continuing the recent positive tone

Oil prices advanced, meaning they continued their recent positive tone, ahead of the industry’s data on weekly U.S. crude inventories as well as easing U.S. inflation. U.S. crude futures advanced 0.92% to $80.43 a barrel, while Brent futures advanced 0.52% to $84.63 a barrel. The American Petroleum Institute will release its weekly statistics on U.S. …

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Oil prices and interesting details

Oil prices rise amidst banking system fears and nuclear tensions

Oil prices advanced as investors weighed efforts by authorities to contain fears about the global banking system. At the same time, the Russian president’s plans to deploy tactical nuclear weapons in Belarus raised tensions in Europe. Brent crude oil futures rose $1.13, or 1.49%, to $76.12 a barrel. West Texas Intermediate American crude oil advanced …

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