Tag: oil prices
Oil Prices Rise on Positive Chinese Economic Data, Easing Middle East Tensions Limit Gains
Jennifer -
Oil prices saw modest gains in early trading on Friday, supported by stronger-than-expected Chinese economic data, but geopolitical developments in the Middle East capped...
Asian Stocks Slide Despite Strong China GDP; Bond Yields Fall with Fed in Focus
Jennifer -
Asian stock markets experienced a downturn on Friday, reflecting losses in U.S. equities the previous day. Despite a positive surprise from China’s GDP data,...
Oil Prices Set for Third Consecutive Weekly Gain Amid Rising Winter Fuel Demand
Jennifer -
Oil prices rose in early Asian trade on Friday, poised for a third consecutive week of gains, driven by increasing fuel demand due to...
Taiwan Stocks Close Lower; Taiwan Weighted Index Falls 0.88%
Jennifer -
Taiwan's stock market closed lower on Friday, with losses in key sectors including Oil, Gas & Electricity, and Computers & Peripherals contributing to the...
Rupee Hits Fresh All-Time Low of 85.80: Why Is the Indian Currency Falling Against the Dollar?
Jennifer -
The Indian rupee has hit a fresh all-time low of 85.80 per US dollar on Friday, marking a significant decline for the fourth consecutive...
Crude Oil Price Breaches Key Resistance – Market Outlook for 30th December 2024
Jennifer -
Crude oil prices have opened today with strong bullish momentum, successfully breaking above the key resistance level at $70.58. This breach suggests the activation...
Oil Prices Edge Higher on China Stimulus and U.S. Stockpile Decline
Jennifer -
Oil prices inched up on Thursday during thin holiday trading, supported by expectations of additional fiscal stimulus in China and a projected decline in...
Brent Oil Price Faces Temporary Pressure, Sideways Movement Expected – Forecast for Today – 24 December 2024
Jennifer -
Brent oil prices experienced a decline yesterday, reaching the 72.06 support level, before rebounding to trade around the 73.00 mark. The price may test...
Crude Oil Price Rebounds, Cancels Negative Formation – Forecast for December 23, 2024
Jennifer -
Crude oil prices have rebounded after approaching the $68.60 mark, effectively canceling the previously anticipated double top pattern. This upward movement now sets the...
Brent Oil Price – Sideways Movement Expected – Forecast for December 23, 2024
Jennifer -
Brent oil prices have reached a near-term high, coming close to the previously targeted 72.06 USD level, before bouncing upwards towards the 73.90 USD...
Indonesia Stocks Higher at Close of Trade; IDX Composite Index Up 0.39%
Jennifer -
Indonesia's stock market closed higher on Friday, with gains in the Financials, Infrastructure, and Agriculture sectors driving the overall rise in the IDX Composite...
Brent Oil Price Forecast Update – December 19, 2024
Jennifer -
Brent oil prices have remained relatively stable since the morning, with no significant movement observed. As a result, the bearish trend scenario remains intact...