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Factbox: what is opec+ and how does it impact oil prices?
The Organization of the Petroleum Exporting Countries (OPEC) and its allies, including russia, are know...
May 31, 2023, 10:48 am
What if russia didn’t follow opec’s output cuts?
The US 2-year yield fell sharply, while the S&P500 ended flat after hitting a fresh high since last summer on optimism that the US will finally agree ...
May 31, 2023, 6:56 am
Oil - cushing stockpiles mount, up 1mn+ barrels according to wood mackenzie data
The report from Wood Mackenzie showed stockpiles at the Cushing, Oklahoma, delivery point rose 1.05 million barrels in the week ending May 26.Reflecte...
May 30, 2023, 10:37 pm
Pyxis tankers preferred: a well-covered 8.8% yield with a valuable conversion option
Product tanker shipping rates remain elevated due to russian sanctions. PXS now has a strong balance sh...
May 30, 2023, 7:31 pm
Crude oil prices in tailspin amid demand worries and opec+ infighting
Crude oil prices plunged on Tuesday, hitting their lowest level since early May, dragged down by concerns over the demand outlook and OPEC+ infighting...
May 30, 2023, 7:15 pm
Gold rallies as debt deal progress sends treasury yields lower
Russian oil shipments weaken but still well above last year’s average Gold finds support after tumbling towards Mid-March low Bitcoin hits two-week ...
May 30, 2023, 6:24 pm
Oil prices dip with eye on opec, gold higher after debt ceiling deal
How much sway does Saudi Arabia still have? Oil prices are slipping on Tuesday as traders weigh up the prospects of another OPEC+ cut this weekend.
May 30, 2023, 5:01 pm
3 stocks to buy for life-changing returns
Amid concerns about inflation and the Federal Reserve's aggressive rate tightening, market conditions are anticipated to remain difficult in 2023. The...
May 30, 2023, 3:25 pm
China ramps up purchases of commodities from russia
China's re-opening continues to have legs in the capital markets with respect to investment opportunities. The second-largest economy has been ramping...
May 30, 2023, 11:35 am
Russia's novak says to discuss oil market situation with oil companies on 30 may
Novak endured a bit of a fiasco last week as seen here, but the latest headline above shouldn't be anything too noteworthy. In any case, this does tee...
May 30, 2023, 7:39 am
Russia scraps plan for a crypto exchange under moex
The russian government has abandoned its plan to establish a national cryptocurrency exchange. Instead,...
May 30, 2023, 5:55 am
Icymi: oil - wall street journal says "tensions are rising between saudi arabia & russia"
The Wall Street Journal (gated) cites unnamed sources for the info:Saudi Arabia, the de facto leader of the Organization of the Petroleum Exporting Co...
May 29, 2023, 1:42 am
Ugi: this 5.4% yielding aristocrat a 46% discounted buffett-style 'fat pitch'
UGI Corporation is in the worst bear market since 1988, having been cut in half. Its tough 2022 was due to temporary setbacks caused by the...
May 28, 2023, 7:00 am
Oil higher on debt deal optimism and resilient us economy, gold struggles, crypto steadies
Energy traders carefully monitoring for any russian-Saudi tensions Hawkish data and debt deal optimism ...
May 26, 2023, 4:24 pm
Wti oil: oil consolidating after strong fall on thursday
Oil price regained traction and edged higher on Friday morning, after falling over 3% previous day, following comments from...
May 26, 2023, 10:22 am
Forexlive asia-pacific fx news wrap: tokyo core-core cpi hits a 40 year high
European Central Bank's Lane is speaking on getting to the inflation target todayDeutsche says BoE will be forced to hike higher & further. Raise term...
May 26, 2023, 2:59 am
Japan announces further sanctions on russia
Japanese Chief Cabinet Secretary Matsuno says Japan will ban providing construction and engineering services in...
May 26, 2023, 1:04 am
Lloyd's register drops ships of top indian carrier of russian oil
Reuters with the report:Lloyd’s Register has told India’s Gatik Ship Management, which has become a major carrier of...
May 25, 2023, 11:06 pm
Ubs on novak's oil blooper thursday
If you missed the earlier remarks from russian Deputy Prime Minister Alexander Novak, the ones where he...
May 25, 2023, 8:56 pm
Oil futures mark first decline in 4 sessions
Oil futures ended lower Thursday after three consecutive session gains. Crude prices weakened as the “king dollar” returned, and after...
May 25, 2023, 2:46 pm