Browsing Tag

crude oil

Orbex Market Flash

The ongoing slump in oil prices was seen negatively impacting UK inflation once again in the final month of last year. The report, delivered by the Office for National Statistics, showed December headline CPI fell to 2.1%, down from 2.3%… Read More

Orbex Market Flash

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

Orbex Market Flash

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