Oil

Crude oil futures contracts for February maintained its bullish momentum as price edged higher towards $53.77 on Tuesday before giving up some of the gains but still closing with gains at $53.51. The bullish close comes after prices closed nearly flat on Monday. Both the WTI crude oil and Brent crude futures posted gains which came despite the U...

2016-12-21 John Benjamin Read more
Crude Oil

Market Summary RBNZ lowers OCR by 25bps to 2.0% NZD unmoved by RBNZ’s “timid” rate cut French CPI confirmed at -0.40% in July 2016 Oil prices extends losses on build up in weekly oil inventory US jobless claims below 270 for sixth consecutive week US import prices rise 0.10% in July US import prices for June revised from...

2016-08-11 John Benjamin Read more