Tag: Petroleum trading
Natural gas ticks lower on slow output forecasts
On Monday, natural gas prices declined as experts forecasted a slow rise in output, milder weather, and a drop in demand in the coming...
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...
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...
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...
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...
Consumers in The US Paying More for Everything
Consumers in the United States are paying more for everything. In China, the problem of inflation is completely different.
According to experts, persistent inflation in...
Oil declines on the release of strategic reserves
On Monday, oil skidded after a second straight weekly plunge on plans to release record volumes of crude products from strategic stocks.
Brent oil futures...
Crude oil prices rebound as supply concerns linger
On Thursday, crude oil prices recovered from a three-week low in the previous session as concerns over tight supplies still clouded the market outlook.
Brent...
Stocks in Asia Were Mixed on the Last Day of March
Stocks in Asia-Pacific were mixed on the last day of the month as oil prices dropped sharply.
In the afternoon of Asia trading hours, Brent...
Oil futures edge down on worries of weaker Chinese demand
On Monday, oil prices registered losses as fears over weaker fuel demand in China grew on Shanghai lockdown efforts.
Brent crude futures skidded 3.69% or...
Brazil Unable to Add Oil to The Market Any Faster
Brazil aims to progressively increase its oil and gas output by 3 million barrels per day. However, it won't be able to do it...
Crude oil climbs as European Union mulls Russian ban
On Monday, crude prices surged as European Union nations considered joining the United States in a Russian oil embargo.
The Brent crude futures increased 3.47%...
Crude oil prices bounce up amid supply worries
On Friday, crude oil prices are back in positive territory, but on course for their most significant weekly declines since November.
Accordingly, Brent crude futures...
US Bans Russian Oil and Energy Imports
On Tuesday, United States President Joe Biden announced an immediate ban on Russian oil and other energy imports.
Remarkably, it is a significant escalation in...
Stocks in Asia Declined As Investors Analyzed Risk Factors
Stocks in Asia-Pacific declined on March 4, as investors continued to monitor Russia’s invasion of Ukraine.
In Hong Kong, the Hang Seng index led losses...