Tag: OPEC
Oil wobbles as global economic worries offset tightening supply
Oil prices edged down on Monday, reversing earlier gains, as concerns about slowing global economic growth and fuel demand offset worries about tightening supplies. Brent...
WTI VS BRENT: WHAT ARE THE DIFFERENCES?
Two of the most commonly traded types of crude oil are WTI and Brent. It is worth understanding what the top differences between WTI and Brent...
The Oil Price Rally Shows No Sign Of Slowing
The U.S. national average for gasoline hit $5 per gallon last week, the highest ever. Brent crude is trading at $120 per barrel and...
Oil Climbs Back To Nearly $123
Bearish sentiments on oil demand coming from renewed COVID lockdowns in China that shaved $4 off oil prices early on Monday failed to maintain...
Crude oil likely to remain volatile ahead of US Fed meeting; $110-125 per barrel range eyed
Crude oil and gasoline prices have been a hot topic for almost everyone recently as the basket of crude oil that India buys has...
OPEC Reference Basket (ORB) US Dollars per Barrel:OPEC BASKET PRICE ON JUNE13TH 2022
In June of 2022, the average price of the OPEC basket so far this month is $119.6 per barrel, while the price was $113.94...
Stocks gain on improved sentiment, crude at $120
NEW YORK, June 6 (Reuters) - Global equity markets rose on Monday on signs of an easing of COVID-19 pandemic-related and other restrictions by...
Energy stocks keep climbing with crude prices as OPEC+ plan disappoints
Energy stocks (NYSEARCA:XLE) rose as crude oil posted a sixth straight weekly advance, after markets shrugged off OPEC's modest production boost that seems unlikely...
Dow Futures Up 80 Pts; Jobs Openings, Manufacturing PMI Data in Focus
U.S. stocks are seen opening in a muted fashion Wednesday, with investors looking to the economic data dump later in the session for direction. At...
European Stocks Higher; German Retail Sales Slump
European stock markets edged higher on Wednesday, rebounding at the start of a new month although concerns about the strength of the region’s economic...
European Stock Futures Higher; Eurozone Manufacturing PMI Data in Focus
European stock markets are expected to open higher Wednesday, rebounding at the start of a new month with the focus on key manufacturing sector...
Dollar falls as investors reach for riskier currencies
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar fell across the board on Thursday, ceding ground gained in recent sessions as firmer risk...