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The potential for a tenth Fed rate hike weighs across markets US jobs data forecast to be weaker but could again surprise to upside If dollar spurts on the combination of the two, oil and gold will be...
OPEC+ voluntary production cuts failed to counter economic concerns, as prices dropped back down after initial increase China's weak oil demand in Q1 2023 raises concerns about global demand and...
The commodities complex came under pressure yesterday with a stronger USD weighing on markets. Demand also remains a key concern for the oil market, while for grain markets, a resumption of Black Sea...
Russia over-delivered on its promise to cut March production by 500,000 bpd, cutting it by 700,000 bpd instead. Despite the production cut, Russia’s crude oil and petroleum products exports rose...
Oil prices are hurtling above $80 a barrel for both Brent and WTI futures.Oil reached a year-to-date high in morning trading on April 12 as traders watched demand and a report from a US company...
With 17 days to May 3 rate decision, Fed looks quite sure to add quarter point More tightening doesn’t really surprise but Fed acknowledged recession possibility Recent U.S. inflation data soft...
China’s oil demand growth is expected to slow down, while India’s should accelerate in the coming years. India’s fuel consumption hit a new record in March, largely due to increased...
Uncertainty about the Federal Reserve's next move on rates is causing caution in the commodities market, particularly for gold and oil Inflation data due this week, along with the Fed's minutes of...
Saudi Arabia's surprise production cut was targeted at short sellers. While Saudi energy ministers dislike futures trading's role in the oil market, it helps increase liquidity. Meanwhile, water has...
Oil prices rose sharply on Monday following surprise production cuts by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+.Both oil benchmarks, including Brent...
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