OIL (F)

Equities fell and safe havens made gains on Tuesday. In the backdrop, the US and China are set to resume the trade talks today. However, moves from Washington suggest that the US will go ahead with restricting investments in China. This… Read More

Inventories Rise Again Crude prices were heavily lower on Wednesday as the latest report from the Energy Information Administration showed a further rise in US crude stores. The reaction to the news was particularly heavy. This is because… Read More

The Federal Reserve reported that it sold $75 billion in reverse repo agreements on Wednesday. This comes as the central bank has been fighting to rein in short term interest rates. The move also follows a liquidity crunch that… Read More

The latest report from the Energy Information Administration this week made for very bearish reading. The report, covering the week ending September 20th, showed that US crude inventories jumped a further 2.4 million barrels. They… Read More

US equity markets managed to rebound from Tuesday’s sell-off after President Trump tweeted that a deal with China was closer. The rebound comes after equity markets fell on the news about the US House of Representatives opening a formal… Read More

The US-China trade talks remain one of the key factors for the markets. By Friday, equity markets closed lower as risk sentiment fell. China said that it was cutting the trade talks short, prompting President Trump to state that trade… Read More

Crude Stores Rise The latest report from the Energy Information Administration showed an unexpected build in US crude stores. The EIA report showed that in the week ending September 13th, US crude store rose by 1.1 million barrels. This… Read More

The US Federal Reserve cut interest rates by a quarter basis point as anticipated. The short-term Fed funds rates now stand at 2.0%-1.75%. The central bank, however, maintained that it was not moving into an easing cycle. The FOMC’s dot… Read More

Record Moves in Oil Its been an extremely volatile start to the week for oil markets. Traders are reacting to the news over the weekend of drone attacks on the world’s largest oil processing site in Saudi Arabia. The strike, which hit the… Read More