Bank of America (BofA) provided its outlook on various commodities, highlighting an overweight position on gasoline, soybean meal, lead, and copper.
West Texas Intermediate traded above $71 a barrel after falling 2.3% on Wednesday to cancel out all year-to-date gains, while ...
(Bloomberg) -- Oil steadied near the lowest this year as President ... Meanwhile, there are signs that the physical market is softening. The spread between Brent’s two closest contracts shrank to near ...
2-Year U.S. Treasury Note Continuous Contract $102.715-0.023-0.02% 5-Year U.S. Treasury Note Continuous Contract $106.406-0.070-0.07% 10-Year U.S. Treasury Note Continuous Contract $109.109-0.109 ...
A move below the $70.00 level will push WTI oil towards the next support at $67.00 – $67.50. Brent oil is under strong ... both long-term and short-term market movements.
Citi also suggested the White House may act to increase U.S. capital expenditures following the Senate confirmation of oil industry executive Chris Wright as energy secretary. The report said every 1 ...
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In case WTI oil declines below the $70.00 level, it will head towards the support level at $67.00 – $67.55. Brent oil remains under pressure amid broad pullback in the oil markets. From a big ...
Chinese refiners are being offered Russian ESPO crude cargoes at lower prices as growing concern around US sanctions increase ...
The scenario for Brent crude oil at $60-$65 per barrel through 2H just got stronger, Citi Research’s Francesco Martoccia said in a research report.
Oil prices extended gains from the previous trading session despite fears that Trump’s trade tariffs might hurt global growth.
There are different types of crude oil. The most important type of crude oil used in Europe is Brent Crude, named after the North Sea oilfield where it is extracted. Brent Crude is a particularly ...