Oil

Key points: Brent crude rose 0.3% to $84.24; WTI gained 0.2% to $80.21. U.S. replenishes Strategic Petroleum Reserve with 3.3 million barrels at $79.38 each. Oil prices edged higher in early Asian trading on Monday, adding to last week’s gains. …

Key points: Oil prices rise on improving demand signals from China and the US. Brent crude and WTI crude futures are set for weekly gains. Oil prices increased on Friday, with global benchmark Brent set for its first weekly gain …

Key Points:  WTI crude futures approach $79 per barrel following disruptions in Canada’s oil sands production and a larger-than-expected decline in US crude oil inventories.  OPEC+ exceeded production limits by 568,000 barrels per day, however such overproduction aligns with demand …

Key points U.S. crude inventories decrease, suggesting a tightening oil supply. Rising expectations for a Federal Reserve rate cut by the end of the year influence oil market trends. 9th May 2024 – On Thursday, oil prices experienced a moderate …

Key points: MSCI’s ACWI index reaches its highest point since June 2022. Expectations of rate cuts by major central banks propel stock markets globally. Global stock markets experienced a significant rally on Monday, driven by the anticipation that major central …

Key points: Saudi Arabia hikes June crude oil prices for most regions US oil rig count falls by 7 to 499, Baker Hughes reports Brent crude futures gained 51 cents, or 0.6%, to $83.47 a barrel at 0636 GMT, while …

Oil prices are rising today as OPEC+ members discuss possibly extending their supply cuts. Despite this upward movement, Brent and West Texas Intermediate (WTI) crude are set to end the week with losses, influenced by U.S. economic uncertainties and minimal …

Oil prices rebounded on Thursday as the U.S. signaled potential plans to replenish its strategic petroleum reserves. This news offered some support to the market after it faced a downturn driven by multiple factors including geopolitical hopes and economic uncertainties. …

Looking at today, 29th April 2024, oil prices moved downward in early Asian trading on Monday. Brent crude futures saw a reduction of 75 cents, or 0.84%, landing at $88.75 a barrel, while West Texas Intermediate futures fell 65 cents, …

Japan’s 10-year government bond yield has ascended to a more than five-month peak, increasing by 4 basis points to 0.93%, the highest since November 3, and settled at 0.925%. 🇯🇵 Japan's five-year government bond yields climb to the highest since …