Category: Prices

Oil prices were up on Monday as OPEC and its allies looked on track to extend supply cuts until at least the end of 2019 at their meeting in Vienna Continue Reading

The first day of trading after President Trump and Xi Jinping agreed to resume formal trade talks also saw a rally in metals and grains, in tandem with stocks, emerging-market Continue Reading

“The next few days will provide a much-needed dose of clarity for the oil balance over the coming months.  Oil prices moved higher at the end of this week, on Continue Reading

Crude oil futures edged lower during mid-morning trade in Asia Friday, ahead of the G20 summit and OPEC meeting, with market participants particularly awaiting the outcome of the meeting between US President Donald Continue Reading

We are just days away from two major events that could influence not just oil markets over the next few months, but also trajectory for the entire global economy. The Continue Reading

Oil prices eased on Friday as traders awaited any update on the Sino-U.S. trade war from a scheduled weekend meeting of the two countries’ presidents at the G20, and eyed Continue Reading

Crude oil futures edged lower during mid-morning trade in Asia Friday, ahead of the G20 summit and OPEC meeting, with market participants particularly awaiting the outcome of the meeting between Continue Reading

Crude oil futures were lower during mid-morning trade in Asia Thursday after US President Donald Trump renewed threats on further tariffs against China, if no progress is made on a Continue Reading

Oil prices rose more than 2% on Wednesday and hit their highest in about a month, buoyed by U.S. government data that showed a larger-than-expected drawdown in crude stocks as Continue Reading

The U.S. and China appear to be making progress on trade talks ahead of the G20 meeting, but should they fail, the fallout for the oil market could be significant. Continue Reading