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Oil up on expected u.s. oil stock drawdown, but china gloom tempers gain
Oil prices were up in early trade on Tuesday ahead of data later expected to show a draw in U.S. crude oil and gasoline inventories, though persistent...
August 21, 2023, 9:12 pm
Knowles corporation is highly profitable, but investors should be price sensitive
Volumes are declining due to weak demand and high customer inventories. Profit margins have recently improved thanks to productivity initiatives and s...
August 19, 2023, 7:17 am
Brent oil price forecast higher - ubs not expecting the recent slip lower to persist
From a UBS note, in summary. Analysts at the Gloabl Wealth management arm do not expect recent price falls to persist, in light of the oil market’s ...
August 17, 2023, 10:17 pm
Tesla cuts model s and x prices by over 6% in china
Tesla has cut prices for its existing inventories of its premium Model S and Model X cars in China by a...
August 16, 2023, 11:39 pm
Forexlive americas fx news wrap 16 aug: the usd moves higher as data remains strong.
A nasty close for the US stocksEconomic calendar in Asia for Thursday, 17 August 2023 -Crude futures settle at $79.38Summary of FOMC meeting: Most tho...
August 16, 2023, 9:14 pm
Crude inventories fall more than expected
Oil markets remain under pressure as traders stay focused on China’s economic problems. The post Crude inven...
August 16, 2023, 2:46 pm
Eia us weekly oil inventories -5960k vs -2320k expected
Weekly US oil inventory is due at the bottom of the hour and the consensus is:Prior crude +5851KGasoline -261K vs -1260K expectedDistillates +296K vs ...
August 16, 2023, 2:30 pm
Oil steady ahead of us weekly inventory data
Weekly US oil inventory is due at the bottom of the hour and the consensus is:Crude -2320KGasoline -1260KDistillates -473KThe API data late yesterday ...
August 16, 2023, 2:17 pm
Target's margins indicate improved inventories and upside potential, says hightower's stephanie link
Hightower Advisors' Stephanie Link joins 'Halftime Report' to discuss Target's mixed earnings results, the long term play for Target, and Target's pro...
August 16, 2023, 1:18 pm
Crude inventories fall more than expected
Oil markets remain under pressure as traders stay focused on China's economic problems....
August 16, 2023, 10:46 am
Us business inventories for june 0.0% versus 0.1% expected
Prior month 0.2% revised to 0.0%Business inventories for June 0.0% versus 0.1% expected. YoY ...
August 15, 2023, 2:08 pm
Us empire fed manufacturing index for august -19.0 vs -1.00 estimate
Prior 1.1Details:New orders -19.9 versus 3.3 last month.Shipments -12.3 versus 13.4 last month.Prices paid 25.2 versus 16.7 last monthEmployment -1.4 ...
August 15, 2023, 12:30 pm
Home depot, target and walmart earnings; retail sales, oil inventories in week ahead
Retailers Home Depot, Target and Walmart will headline the companies slated to report quarterly results this week. Mortgage applications data will als...
August 13, 2023, 7:05 am
Oil is back above the april high. watch the close
Oil will be an interesting spot to watch as it fights for a sixth straight week of gains. It's currently trading at $83.69, which is up 80 cents but m...
August 11, 2023, 4:42 pm
Iea lowers forecast for oil demand growth for next year
World oil demand hit a record 103 mil bpd in JuneAugust could yet see another peak in demand2024 global oil demand growth forecast revised down to 1 m...
August 11, 2023, 8:09 am
Forexlive americas fx news wrap 9 aug: one more day to the key us cpi data
WTI crude oil futures break above ceiling area todayWhy ING expects a big rebound in AUD/USD before year-endUS sells 10-year notes at 3.999% vs 3.998%...
August 9, 2023, 8:01 pm
Wti crude oil futures break above ceiling area today
The price of WTI crude oil futures broke higher today, and in the process, moved above a key swing area ceiling between $82.43 and $83.44 (see red num...
August 9, 2023, 6:38 pm
Europe’s record gas inventories cap prices
Europe’s Record Gas inventories Cap Prices In an era of growing energy demand and environmental consc...
August 9, 2023, 2:31 pm
Eia weekly us crude oil inventories +5851k vs +597k expected
Prior -17049K (a record draw)Gasoline -2661K vs -8K expectedDistillates -1706K vs +6K expectedRefinery utilization +1.1% vs 0.4% expectedProduction es...
August 9, 2023, 2:30 pm
The economic calendar is light today ahead of thursday's us cpi report
Tomorrow is the big event of the week with the July US CPI report due. The consensus on core and headline is +0.2% m/m and I will have plenty more on ...
August 9, 2023, 12:21 pm