US S&P500 closes at new high again. EUR/USD higher while oil drops.China NBS PMI fell in April, confirming the economy stayed soft into Q2.Australian PMI plunges to lowest level since 2009.All ...
All Crude Oil is not alike. Crude Traders understand this but many others do not. The two major types, Brent North Sea Crude and West Texas Intermediate Crude are the most important. And their ...
We have all heard the story about oil supply supposedly rising and falling for geological reasons. But what if the story is a little different from this–oil production rises and falls for ...
Chinese GDP and industrial production disappoint.Equity markets and bond yields lower on soft data.China and U.S. to work together in North Korea crisis.EU extends loan to Ireland and Portugal.Focus ...
West Texas Intermediate oil maintained losses after a government report indicated U.S. crude supplies rose as output increased, to near the highest level in 20 years.Futures declined as much as 0.8 ...
CLWest Texas Intermediate oil fell after the Cypriot parliament defeated a bailout measure imposing taxes on bank deposits. WTI’s discount to Brent crude traded in London narrowed to less than ...
CLWest Texas Intermediate oil rose for a second day, heading for a second weekly advance. Brent crude’s premium to the U.S. benchmark grade is poised for the biggest weekly drop in five months. ...
CLWest Texas Intermediate oil traded near the highest level in almost two weeks, before a report that may show crude stockpiles climbed to the most in eight months in the U.S. Futures were little ...
In a week during which the ECB held rates steady, so, too, did commodity prices -- at least until the U.S. came out with a strong employment report. Brent oil has for the most part trading in a ...
On Friday, as lawmakers failed to agree on a resolution to prevent automatic cuts in government spending, worries over oil demand from the world’s largest crude consumer weighed in on prices. ...
