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Demand destruction sinks oil prices as gasoline inventories send warning signal

The more than 6 million-barrel weekly rise in U.S. gasoline supplies reported by the Energy Information Administration wasn't just a surprise, but the...

October 5, 2023, 3:13 pm

3 oil stocks making moves as crude prices fall

Shares of oil stocks were under pressure before the start of the session, as crude prices fell amid demand outlook worries following reports of a larg...

October 5, 2023, 12:49 pm

Oil prices extend decline after demand worries spark sharp pullback

Oil futures traded lower early Thursday, after a large increase in U.S. gasoline inventories sparked th...

October 5, 2023, 7:04 am

Forexlive americas fx news wrap 4oct: after 30 year yield hits 5%, yields back off

Rebound. Stocks close higher led by the Nasdaq indexUS equities race higher as yields and oil coolThis era of easy government spending is likely over ...

October 4, 2023, 9:34 pm

Oil prices drop 6% as worries mount over demand destruction

Oil prices fell 6% on Wednesday as worries grow about lower demand and a slowing economy. Reports surfaced that Russia might end its ban on diesel exp...

October 4, 2023, 3:29 pm

Natural gas, wti oil, brent oil forecasts – oil dives 5.7% as demand for gasoline is weak

The EIA report showed that gasoline inventories increased by 6.5 million barrels from the previous week...

October 4, 2023, 1:59 pm

Volkswagen: positive macro upside

We positively view Draghi's appointment to support European auto competitiveness vs. Chinese electric cars. New duties may be imposed. Volkswagen is n...

October 4, 2023, 7:35 am

Oil prices edge lower ahead of supply data as saudis affirm extension of production cut

Oil futures edged lower early Wednesday as investors awaited an official reading on U.S. crude inventories, while Saudi Arabia, as expected, affirmed ...

October 4, 2023, 7:19 am

Us september ism manufacturing pmi 49.0 vs 47.8 expected

Prior report 47.6Prices paid 43.8 vs 48.6 expected. Last month 48.4Employment 51.2 vs 48.3 expected. Last month 48.5New orders 49.2 vs 46.8 prior...

October 2, 2023, 2:00 pm

Forexlive americas fx news wrap: pce inflation softens but usd still rips into month-end

US August core PCE +3.9% y/y vs +3.9% expectedCanada GDP month-to-month for July 0.0% versus 0.1% estimateUS advanced good trade balance for August -8...

September 29, 2023, 8:49 pm

Us august advanced wholesale inventories -0.1% versus -0.2% prior

Prior report -0.2%Advance Wholesale Inventoriesinventories vs $903.1 billion priorChange from Augurst 2...

September 29, 2023, 12:30 pm

Oil rally very much driven by fall in crude inventories, says td securities

Bart Melek, managing director and global head of commodity strategy at TD Securities, says the surge in oil prices has been "very much" driven by the ...

September 28, 2023, 8:45 pm

Nike stock rises as profit beats estimates and inventories fall

Nike stock rises as profit beats estimates and inventories fall Read Full Story The post Nike stock ris...

September 28, 2023, 8:38 pm

Nike stock rises as profit beats estimates and inventories fall

Nike Inc. on Thursday reported a fiscal first-quarter profit that beat expectations, although revenue came up just shy of Wall Street's estimates, ami...

September 28, 2023, 4:36 pm

Eia weekly us natural gas storage bcf+90 bcf vs +88 bcf expected

Prior was +64 bcfinventories continue to build ahead of the winter heating season. Natural gas was up 2...

September 28, 2023, 2:30 pm

Oil futures top $95 per barrel for the first time in a year

Oil futures topped $95 per barrel for the first time in a year, as traders react to dwindling inventories....

September 28, 2023, 5:25 am

Shield therapeutics raises funds to accelerate commercial opportunity for accrufer iron deficiency treatment in us market

Shield Therapeutics PLC (AIM:STX, OTCQX:SHIEF) is raising up to $27.5 million of new funds to support its development of Accrufer, its iron deficiency...

September 28, 2023, 4:29 am

Oil prices hit yearly high on shrinking inventories, wti in march to 100

Oil prices saw a sharp ascent overnight, extending their gains into Asian trading session today and marking their highest point in over a year. With t...

September 28, 2023, 3:45 am

Eia crude oil inventories for september 22 week -2.170m versus -0.320m estimate

Crude oil inventory draw of -2.170M vs -0.320M estimate. The private report showed a draw of -1.6 million barrels.Distillates build of 0.398M vs -1.29...

September 27, 2023, 2:31 pm

Us regulator orders planes be inspected for unauthorised parts

US regulators have told airlines to inspect planes and inventories for parts allegedly sold under count...

September 22, 2023, 7:11 am


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