OIL (F)

Crude Build Up Returns Following a strong rally over the last three weeks, crude prices stalled this week as the latest industry data reported an unexpected build in inventories. The Energy Information Administration report, covering the… Read More

Crude oil prices were able to recover initial losses this week as the latest data from the Energy Information Administration showed a larger than forecast draw in stockpiles. The EIA data for the week ending January 11th, showed US crude… Read More

Massive quantities of commodities enter the global markets every year. These are physical marketable substances or items that satisfy various human needs. The history of commodity trading traces back to early 17th century when rice futures… Read More

Crude oil prices soared higher this week as a combination of factors boosted prices. Having fallen by around 40% since the high levels seen in 2018, crude oil has come under increasing attention with many market players voicing their… Read More

US crude oil inventories have started the year on a positive footing as the first industry data of the year has highlighted little change in stockpiles. The latest weekly report by the Energy Information Administration, covering the week… Read More

Crude Stocks Fall For Third Consecutive Week Crude oil was sharply lower once again this week despite the latest industry data which showed a build in US crude inventories. The latest report from the Energy Information Administration,… Read More

Despite expectations of a weaker figure due to the dramatic slump in oil prices over the last two months, US CPI remained broadly unchanged over last month. The headline CPI reading for November, reflected the weakness in energy markets,… Read More

Crude oil prices this week turned lower once again despite the latest data from the Energy Information Administration, released yesterday, showing that US crude stocks experienced a less than expected drawdown. In the week ending December… Read More

The recent OPEC meeting which kicked off in Vienna in the back end of last week ended over the weekend with some positive news for crude bulls. The fifteen-member oil-producing cartel along with non-OPEC allies, led by Russia, announced… Read More

Crude oil prices retreated this week despite the latest industry data reporting a drawdown in inventories for the first time in two months. The Energy Information Administration report this week showed that on the week ending November 30th,… Read More