Gasoline Glut Threatens Oil’s Rebound Later This Year
A rebound in oil prices this year from 12-year lows is in danger of coming to a crashing halt, as th...
Oil Rises on Monday as Non-OPEC Supplies Shrink
Oil prices rose on Monday, extending recent gains, building on three weeks of higher prices and reve...
Saudi Aramco Expects to Fetch $2 Trillion in IPO
Saudi Arabia confirmed on Monday that it planned to sell a stake of its state oil giant Saudi Aramco...
RBC Says Oil Has Bottomed and Doha Fail Proves It
The fact that crude futures didn't sell off after major oil producers failed to reach an agreement t...
Week Ahead in FX: USD Rebounds Ahead of FOMC
The US Dollar Recovers Awaiting the FOMC Statement The Sunday news that the Doha oil output f...
US Crude Subdued at $43
US crude futures are steady on Friday, continuing the limited movement which marked the Thursday ses...
USD/CAD Loonie Falls After Rise of US Dollar
The Canadian dollar had a volatile trading day and gave back gains versus the USD on the back of...
US Crude Steady, Jobless Claims Shine
US crude futures are steady on Thursday, trading at $43.21 per barrel in the North American session...
Russia Beats Saudi Arabia as Top Oil Supplier to China in March
Russia beat Saudi Arabia as China's top crude oil supplier in March, a follow-on to taking the No.1 ...
Senior Saudi Oil Advisor Says New Oil Output Freeze Meeting Will be in June
Oil-producing nations will discuss an oil output freeze at OPEC's meeting in June, a senior Saudi oi...
Oil Higher After IEA Expects Non-Opec Fall in Production
Crude prices firmed on Thursday after the International Energy Agency (IEA) said non-OPEC production...
China to Ease Domestic Steel and Coal Overcapacity
As part of efforts to ease domestic steel and coal overcapacity, widely blamed for triggering a glob...
OPEC Secretary General Says Doha or no Doha Oil Will Rebalance
The oil market will begin rebalancing by the third quarter of this year and will turn positive by 20...
Draghi’s Rhetoric to Show ECB Near Limit
The ECB Will Try To Regain The Trust of the Market The European Central Bank (ECB) will announce ...
Gold Gains Continue as Markets Digest Failed Oil Summit
Gold has posted slight gains on Wednesday, continuing the upward trend which marked the Tuesday sess...
US Crude Oil Gains Ground, Close to 5-Month Highs
US crude futures have posted gains on Wednesday, trading at $42.66 per barrel in the North American...
Commodity Currencies Rebound After Oil Rise
Doha Summit Failure and Kuwait Oil Strike Made for a Volatile Weekend for Crude Volatility in...
Gold Jumps as US Housing Data Dips
Gold has posted small gains on Tuesday, reversing the downward trend which marked the Monday sessi...
US Crude Gains Ground, Pushes Above $41
US crude futures have posted gains on Tuesday, continuing the upward trend which marked the Monday s...
Commodity Currencies Rising After Oil Rebound
Commodity currencies like the Australian and New Zealand dollars soared to 10-month highs against th...