Oil prices posted gains of more than 1% in Asian trade on Wednesday on falling U.S. crude inventories and a lower greenback, but concerns OPEC+ will leave output unchanged at its upcoming meeting and weak China data limited gains.…
Oil prices slipped on Monday alongside equities and was weighed down by a strong dollar and demand concerns on the back of continued coronavirus lockdowns in China, the world top oil importer.
Brent crude fell 2.3%, or $2.61, to
From Reuters
Oil jumped more than 2% on Thursday on expectations that falling prices could lead to production cuts, coupled with a steadying of the yuan currency after a week of turmoil spurred by an escalation in U.S.-China trade tensions.…
A snap election in the U.K resulted in a hung parliament, weakening the governing Conservative’s position ahead of Brexit. Conservatives won 318 seats with …
The yield on Japan’s 20-year government bond fell below zero for the first time ever today as investors flee the pound sterling and the euro in the wake of Brexit. …
As the markets tread into the ‘post-Brexit’-world after the UK voters cast in favor of the United Kingdom leaving the European Union, the chips are beginning to fall and countries half …
