Tag: oil
How low will oil price drop?
Jennifer -
The global oil market, a cornerstone of the world economy, is perpetually subject to various forces that influence its price dynamics. From geopolitical tensions...
Asia FX Faces Weekly Losses as Dollar Strengthens Amid Early Rate-Cut Skepticism
Jennifer -
Most Asian currencies showed limited movement on Friday but were on track for weekly losses, with the dollar hovering near one-month highs. Increasing doubts...
Oil Prices Close Higher on Surprising Crude Draw and Positive Demand Projections
Jennifer -
Oil prices concluded higher on Thursday, propelled by a larger-than-expected draw in U.S. crude supplies and optimistic demand forecasts, alleviating concerns about the demand...
Oil Prices Hold Steady, Poised for Modest Weekly Gains on Positive Demand Outlook
Jennifer -
Oil prices showed little movement in Asian trading on Friday but were on track for some weekly gains, buoyed by optimistic demand forecasts and...
Oil Prices Retreat Amid China Demand Concerns and Supply Predictions
Jennifer -
Oil prices experienced a decline on Friday, retracing from the previous day's gains, as geopolitical tensions and disruptions in U.S. oil production were offset...
XRP Faces Tough Battle with Bears, Solana Surpasses $100, Ethereum Struggles to Sustain Momentum
Jennifer -
XRP, a digital asset operating within the Ripple network, is currently embroiled in a challenging confrontation with bearish pressures. The cryptocurrency is grappling to...
Oil Prices Stabilize Amid Severe U.S. Cold Snap and China Growth Concerns
Jennifer -
Oil prices demonstrated minimal movement as the severe cold weather impacting U.S. oil production offset concerns about China's economic growth and its potential impact...
Oil Prices Inch Upwards Amid Dollar Retreat, but Concerns Over Weaker Chinese Growth Linger
Jennifer -
Oil prices showed a modest recovery to settle marginally higher, supported by a retreat in the dollar. However, concerns about demand persisted following disappointing...
S&P/ASX 200 Dips 0.63% as A-REITs and Resources Sectors Drag
Jennifer -
Australian stocks experienced a decline on Thursday's close, with the S&P/ASX 200 falling 0.63%, marking a new 1-month low, primarily impacted by losses in...
Japan’s Nikkei 225 Dips Slightly Amid Sectoral Losses
Jennifer -
The Japanese stock market experienced a marginal decline in the Nikkei 225 index on Thursday, with losses primarily driven by sectors such as Transportation...
S&P/ASX 200 Records 0.29% Drop, Reaches One-Month Low on Sectoral Losses
Jennifer -
On Wednesday, Australian stocks closed lower with the S&P/ASX 200 facing a 0.29% decline, as losses in the Gold, Energy, and Resources sectors exerted...
Nikkei 225 Records 0.32% Decline in Wednesday’s Trading Session
Jennifer -
In the aftermath of Wednesday's trading session, Japan's stock market witnessed a downturn, with the Nikkei 225 closing 0.32% lower. The decline was driven...