Tag: crude
UBS Bullish on Oil, Gold, and Copper Amid Geopolitical Uncertainty
Jennifer -
UBS reaffirmed its optimistic stance on oil, gold, and copper amidst escalating geopolitical tensions in the Middle East. The recent surge in tensions was triggered...
Oil Prices Stabilize Amid OPEC+ Restraint and Interest Rate Uncertainties
Jennifer -
Global oil prices found stability on Tuesday, as anticipation of OPEC+ sustaining oil supply constraints at its June 2 gathering, coupled with optimism surrounding...
Japan Stocks Decline as Nikkei 225 Drops 0.10%
Jennifer -
Tokyo, Japan – Japan's stock market closed lower on Tuesday, with declines in the Marine Transport, Machinery, and Warehousing sectors driving the downturn. The...
Japan Stocks Close Higher; Nikkei 225 Up 0.74%
Jennifer -
Tokyo's stock market concluded Monday's trading session on a positive note, driven by gains in the Shipbuilding, Marine Transport, and Paper & Pulp sectors,...
Oil Prices Maintain Stability Ahead of OPEC+ Meeting
Jennifer -
Oil prices held steady in Asian trading on Monday as markets anticipated the upcoming OPEC+ meeting scheduled for June 2, during which producers are...
Oil Prices Inch Upward Amidst Inflation and OPEC Anticipation
Jennifer -
Oil prices saw a modest uptick in Asian trading on Monday, showing slight recovery from significant losses incurred last week. Traders remained watchful for...
Oil Prices Steady at Multi-Month Lows, Poised for Weekly Losses Amid Rate Fears
Jennifer -
Oil prices stabilized on Friday but were on track for significant weekly losses as concerns over persistent inflation and high interest rates cast doubts...
Oil Prices Stable Amid U.S. Rate Fears and Seasonal Demand Strength
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Oil prices held steady on Friday, with investors weighing the latest statements from the U.S. Federal Reserve regarding interest rates amidst persistent inflation concerns....
Japan Stocks Lower at Close of Trade; Nikkei 225 Down 1.27%
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May 24, 2024 - Japan stocks closed lower on Friday, with losses in the Shipbuilding, Steel, and Gas & Water sectors leading shares downward. At...
Oil Prices Extend Decline on Surprise US Inventory Build and Rate Concerns
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In Asian trading on Wednesday, oil prices continued their downward trend as industry data revealed an unexpected increase in U.S. inventories, while ongoing apprehensions...
Oil Prices Slide for Third Consecutive Day Amid Concerns of Prolonged US Interest Rate Hikes
Jennifer -
Oil prices dipped by over 1% on Wednesday, marking their third consecutive day of decline. This downward trend is attributed to growing expectations that...
Oil Prices Decline on Fears of High U.S. Interest Rates Depressing Demand
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Oil prices fell in early Asian trade on Tuesday as investors anticipated that persistent U.S. inflation and higher interest rates could dampen consumer and...