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Impact of January US jobs report still making its way through markets Worry about how Fed’s rate-hike consolidation will go weighs on investors Oil, gold make nominal advance; Powell’s...
BP has recently released its 2023 Energy Outlook The energy giant says oil demand will likely decrease or plateau in the years ahead However, there’s no actual indication of that happening, and...
Russia tells Saudis what they want to hear while selling oil at rock-bottom prices Moscow’s situation underscores the difficulty of fighting G7’s $60 per barrel price cap New caps coming...
Energy - Specs Boost Buying Price action in oil over the last week was rangebound with the market awaiting this week’s OPEC+ meeting and the return of China from the Lunar New Year holidays....
OPEC meeting likely to maintain Dec output targets, weighing on crude prices Projected Fed rate hike of 25 bps to lead action across markets, including in gold US December jobs report, along with...
U.S. oil production could be flatlining at about 12.1 million bpd in 2023 Even if they manage to drill more wells, U.S. producers would likely be stuck with oil they cannot transport Conversely,...
China’s Lunar New Year holiday brings both trepidation and excitement to oil Chinese factories close a week at least, causing a temporary blip in crude demand On reopening, Chinese demand for oil and...
Dismal Chinese data could deal a setback to bull story in oil Those long crude can still put a positive spin on weak U.S. retail sales Traders bet Fed rate hike in Feb will be smallest in 8 months if...
China reopens international borders, removing last of draconian COVID policies Oil bulls bet on China story, but Fed, inflation remain wild cards in crude rally Fed's Powell to speak Tuesday, CPI...
IMF warns of economic trouble in all 3 of the world's growth centers China’s manufacturing activity shrinks 5th month in row despite reopening promise Dollar another wildcard for commodities,...
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