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China's third batch of 2023 crude oil import quotas issued, taking volumes to up 20% y/y

Reuters had this info ICYMI, citing six people and documents sighted:China has issued a third batch of 2023 cr...

June 16, 2023, 2:13 am

Oil prices dip, pausing after previous session's surge

Oil prices edged lower in early trade on Friday, taking a pause from the previous session when futures gained steeply on optimism around higher energy...

June 15, 2023, 8:28 pm

Bnd: why the 'debt deal' could be very bearish for bonds

The Treasury will soon need to sell around $1.2T in bonds to replenish its depleted account following the debt ceiling agreement. With foreign institu...

June 15, 2023, 4:06 pm

U.s. oil futures climb back above $70, the highest finish in a week

Oil futures climbed on Thursday, buoyed by some signs of higher oil demand from China and strength in U.S. gasoline demand for the summer driving seas...

June 15, 2023, 2:58 pm

Crude oil price forecast – crude oil markets continue to chop

Crude oil markets have been choppy over the last couple of days, as Thursday has seen a reversal of the Wednesday negativity....

June 15, 2023, 9:31 am

Jasper’s market squawk 15-06-2023

Fed Insists Holding Rates Is Not a Skip Markets had a mixed reaction to what was perceived as a hawkish monetary policy statement combined with a dovi...

June 15, 2023, 8:33 am

Crude oil prices stifled by chinese economic data & stronger usd

Crude oil prices are under pressure from both lower demand expectations as well as a stronger US dollar ahead of US retail sales later today......

June 15, 2023, 7:57 am

Oil prices bounce after rise in u.s. crude supplies sparks selloff

Oil futures rose early Thursday, bouncing after a selloff the previous session in the wake of a large jump in ...

June 15, 2023, 7:40 am

Crude oil price faces uphill task near $72

Key Highlights crude oil price recovered losses and climbed above $68. A major bearish trend line is fo...

June 15, 2023, 5:08 am

As saudis sought to push up oil prices, markets had other ideas

Higher-than-expected production and concern about slowing demand have been weighing on crude....

June 15, 2023, 12:01 am

More on jp morgan slashing its brent crude forecast for the year to $81 from 90 previously

Justin had the news on this here:Another hit to confidence for the oil market?As noted, JPM's call follows something similar from Goldman Sachs earlie...

June 14, 2023, 10:24 pm

Forexlive americas fx news wrap: fed hits the pause button but dots signal hikes

Federal Reserve rate decision: Rates held unchangedThe full statement from the June 2023 rate decisionFOMC dot plot and central tendencies from the Ju...

June 14, 2023, 9:26 pm

Some levels ahead of the fomc rate decision

Below is a snapshot of the markets ahead of the FOMC rate decision:EURUSD 1.0853USDJPY 139.39GBPUSSD 1.2683USDCHF 0.8978USDCAD 1.3301AUDUSD 0.6814NZDU...

June 14, 2023, 5:58 pm

Assessing the commodities trading landscape

Assessing the Commodities Trading Landscape The global commodity market is no stranger to volatility, fluctuating prices based on supply and demand dy...

June 14, 2023, 3:43 pm

Oil futures end lower after eia reports weekly increases for u.s. petroleum supplies

Oil futures settled lower on Wednesday, with prices pressured by weekly increases in U.S. crude, gasoline, and distillate supplies reported by the Ene...

June 14, 2023, 2:55 pm

Forexlive european fx news wrap: dollar lightly lower awaiting the fed

Headlines:Welcome to Fed dayJP Morgan slashes Brent crude forecast for the year to $81 from $90 previou...

June 14, 2023, 12:03 pm

Brent crude oil prices experience decline amidst market factors

By RoboForex Analytical Department The commodity market is currently being impacted by various factors, causing Brent...

June 14, 2023, 11:58 am

Jp morgan slashes brent crude forecast for the year to $81 from $90 previously

This follows from Goldman Sachs' call earlier this week here:Goldman Sachs slashed its December Brent forecast to $86 /bbl (from previous estimate $95...

June 14, 2023, 11:27 am

Oil futures market signals less worry over tightening supply

Oil investors appear to be adjusting expectations for tight crude supplies later this year, with the ga...

June 14, 2023, 10:28 am

Energy giant shell returns to ‘crude' basics, hikes dividend by 15%

Shareholders of energy giant Shell – who have had to contend with dividend yields of less than 4% in recent quarters – are about to be greeted wit...

June 14, 2023, 7:42 am


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