As the U.S. dollar flexes its muscles once again and broader markets adopt a decidedly risk-off stance, oil prices are charging lower amid unknowns surrounding last week’s Brexit decision. Hark, Continue Reading
Oil prices were slightly lower Monday as global trading reopened for the week following the U.K.’s unexpected decision to leave the European Union on Friday. The global benchmark, Brent, was Continue Reading
Pound decreases further as demand for haven assets boosts gold EU exit combined with output gain may send crude lower: Russia Oil traded near $48 a barrel as the market Continue Reading
Oil prices dropped around half a percent on Monday, extending sharp declines after Britain’s vote to leave the European Union sparked a sharp selloff in global markets on Friday amid Continue Reading
Oil Rig And as the world comes to terms with the news that the U.K. has voted to leave the E.U., the oil market is getting a wop bop a Continue Reading
Crude-oil prices plummeted in Asian trade Friday as U.K. voters upended market expectations by choosing to exit the European Union, leaving a trail of unknowns of what could happen to Continue Reading
Crude oil prices have so far shown only a modest impact from Britain’s vote to leave the European Union on Thursday. Brent crude futures for the nearest contact to delivery Continue Reading
Hedge funds betting on summer gasoline demand raised their bullish bets on U.S. crude futures this week, just before the market’s crash on Friday on Britain’s shock decision to leave Continue Reading
Seismic surveys now show that Lebanon’s portion of the prolific Levant Basin is showing promising oil and gas reserves, as the country lags far behind Israel in tapping into this Continue Reading
Crude-oil prices plummeted in Asian trade Friday as U.K. voters upended market expectations by choosing to exit the European Union, leaving a trail of unknowns of what could happen to Continue Reading
