Commodity
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Breaking News
Oil Prices Rise as Trader’s Shruggs off Omircron Fears
Oil prices advanced on Monday as trader's shruggs of fears of the severity of the omicron variant
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Breaking News
Oil Prices Advanced as Omicron Severity Fears Subsides
Crude oil futures advanced on thursday as traders prices in vaccine manufactuers remarks on current vaccines likely effective against omicron
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Breaking News
Oil Inventories Fell While Traders Reassesing Risk Posed by Omicron
Inventories of oil fell more than expected last week, API data shows
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Breaking News
Key Signals for the Crude Oil Market Awaits as OPEC Members to Meet on a Two Day Session
OPEC and OPEC+ members are to discuss in a two day meeting on whether to increase or restrain supply
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Breaking News
Jet Fuel Demand Forecast Dampens amid Partly Outbreak of Omicron
Border curbs and travellers considering travel plans likely to pressure demand for jet fuel which was forecasted to see sharp rebound in fourth quarter
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Breaking News
Oil Prices Rise on Expectations OPEC+ Might Hold Supply in January
Prices of oil climbed marginally after 12% plunge on Friday amid concerns of Omicron variant
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Breaking News
Investors Flock to Safe Heaven Assets amid Concerns of Renewed Wave of COVID-19
Gold and Dollar index climbed as investors risk appetite reduced with concerns of Omicron looms over financial markets
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Breaking News
OPEC+ Postpones Technical Meeting to Evaluate Impact of Omicron
OPEC+ postponed its technical meeting to assess the impact of Omicron globally, according to Reuters
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Breaking News
Equity Markets Muted, FED Minitues and Key Economic Data to Drive Market Sentiment
Global equites were partly muted on Wednesday as traders waits for FED minutes and key economic gauges
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Breaking News
President Biden and Japan Announces Release of Strategic Oil Reserve
U.S. to release 50 million barrels of oil reserve while Japanese Premier just announced release of oil reserve with details to follow
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Breaking News
OPEC+ Might Respond to Reserve Release of Crude Oil by Increasing Production
President Biden is reportedly to announce details of reserve release on Tuesday and OPEC+ might respond by increasing production
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Breaking News
Oil Price Under Pressure amid Oversupply Concerns
Crude futures stretched down strongly after Japanese premier expressed intentional to release reserve along with Eurozone's fresh new COVID-19 outbreak could pose cut in demand