Oil
Crude prices are rallying as China’s robust demand will likely lead to rising inventories and increased activity for refiners. The short-term crude demand...
US stocks are declining after another labor market statistic shows that despite all the big-tech post-pandemic layoffs, the jobs market remains hot. The...
US stocks tumbled after the Fed downshifted to a half-point rate hike pace but signaled ‘ongoing increases’ will be appropriate to combat inflation....
Oil Crude prices are declining after Ukraine President Zelensky signaled he has ‘cooled down’ regarding the question of Ukraine joining NATO and as optimism grows that the economic impact of sanctions is weighing on the Russian economy and that President Putin might try to avoid a long war. Adding to the earlier selling pressure was […]
Oil Brent crude prices breached the $90 level, the highest level since 2014, joining a broad risk-on Wall Street move and shrugging off a somewhat bearish EIA crude oil inventory report. Energy traders are anticipating higher energy prices on potential geopolitical risks and as OPEC+ will stick to their plan to deliver another modest increase […]