Energy news

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Market Insights Podcast (Episode 317)

Jonny Hart looks back on the week's business and markets news with OANDA Senior Market Analyst Ed Moya in New York. This week they discuss how financial markets reacted to the Fed Minutes, what happened in the oil markets, and discussed cryptocurrencies. They also discuss what the week ahead has in store for financial markets.

07-04-2022 15:05 GMT by Edward Moya

Oil drops, gold rebounds

Oil Crude prices are declining as both supply and demand-side drivers start to turn bearish. The massive IEA crude reserve release plan will provide short-term relief for oil prices but that is also happening as China’s Covid lockdowns are becoming a bigger hit on crude demand.

07-04-2022 13:33 GMT by Edward Moya