LONDON (Reuters) – Past changes in oil prices are closely associated with U.S. consumers’ and investors’ expectations for overall inflation in future, which helps explain why they are sensitive for central banks and other policymakers.
In the last three …
LONDON – Hedge funds boosted their position in petroleum for the third week running, confirming increasing confidence over rising prices for the rest of the year.
Though the increases were small, with money managers purchasing the equivalent of 30 …
LONDON -OPEC+ experts were holding a virtual meeting on Tuesday as a rise in oil prices to their highest in almost a year masked persistent concerns about a recovery in oil demand.
The Joint Technical Committee began its meeting …
