Tag: Brent oil futures
Oil, Other Commodities Moving Higher as Volatility Trades Go Awry
This is a section of the Bloomberg article:
“Low macro volatility is definitely contributing to lower implied volatility in oil, but the fact that...
Crude oil up as OPEC+ members extend voluntary output cuts
Crude oil futures traded higher on Monday morning as several members of Organization of Petroleum Exporting Countries and allies, known as OPEC+, announced extension...
Crude oil up as market awaits more data indicators
Crude oil futures traded higher on Wednesday morning. The market is awaiting more demand signals as PMI (purchasing managers index) data of some economies...
Crude oil rises as EIA forecasts steady US production
Crude oil futures traded higher on Wednesday morning as the US is expecting its crude oil production to remain steady during the year. At...
The Commodities Feed: US Natural Gas Prices Spike Higher
Spot US prices spiked higher on Friday on the back of cold weather across large parts of the US. Meanwhile, tensions in the...
Crude oil up as API data shows US inventory decline
Crude oil futures traded higher on Wednesday morning as the data published by the American Petroleum Institute (API) showed a decline in crude oil...
Crude oil declines as Saudi Arabia announces price cuts
Crude oil futures traded lower on Monday morning following a price cut announcement by Saudi Arabia. At 9.55 am on Monday, March Brent oil...