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Oil refinery

Crude Oil Week Ahead: Ceasefire Uncertainty

Crude Oil Week Ahead: Crude oil prices gained 4% last week, closing near $71.70 as escalating strikes in the Middle East fueled uncertainty around a potential ceasefire or further retaliatory actions. With strong upside risk, oil prices are expected to navigate a busy week packed with key events related to employment and economic growth indicators.

Oil rig on an grey day

Crude oil testing key level following Saudi price cuts

US crude oil prices were hammered to start the trading week, undermined by news major exporter Saudi Arabia has reduced the price for benchmark Arab Light crude for delivery to Asia to the lowest level since late 2021.

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January 9, 2024 12:51 AM

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    Congress building

    US open: Stocks tumble as inflation unexpectedly rises

    Stocks are set for a steeply lower start after the keenly awaited CPI data showed that inflation unexpectedly rose in May to 8.6% YoY a fresh 40 year high.

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    June 10, 2022 02:26 PM
      Close-up of market chart

      Two trades to watch: GBP/USD, Oil

      GBP/USD rises despite PM Boris Johnson facing a vote of no confidence. Oil prices rise as Saudi Arabia hikes prices.

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      June 6, 2022 09:22 AM
        Gold nuggets

        Two trades to watch: DAX, Gold

        DAX holds steady as Russia cuts gas supply to Poland, Bulgaria. Gold trades under pressure on USD strength.

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        April 27, 2022 09:45 AM
          Federal reserve Eagle

          Two trades to watch: EUR/USD, Oil

          EUR/USD rises towards 1.10 ahead of the Fed rate decision. WTI crude oil rises after 11% declines in 2 days.

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          March 16, 2022 09:18 AM
            Congress building

            US open: Futures fall as jump in oil stokes stagflation fears

            US stocks point to a weaker start after oil prices rise over $120, fuelling stagflation fears.

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            March 7, 2022 02:45 PM
              Energy

              Two trades to watch: BP, oil

              BP swings into profit. Oil steady ahead of API.

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              February 8, 2022 09:47 AM

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