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It’s what authoritarian regimes do when they want to black out information or silence news that’s inconvenient. And this week, OPEC, the oil cartel, showed similar despotic, or desperate...
Gasoline fell on a weekly basis but increased by 1.3% with the 4-week average US crude inventories hit highest levels since May 12th Gold eyes $2000 level ahead of NFP OilCrude Oil WTI prices were...
Trepidation over debt ceiling deal continues ahead of Congress passage Oil, gold focused on U.S. May job numbers for clues on Fed’s June 14 decision Meanwhile, market anticipates a Fed hike in...
Give me a headline, and I’ll give you a dollar. The debt showdown negotiations dominated the oil market, and the perceived progress on the negotiations, or the lack thereof, caused oil to move as the...
G7 price cap policy faces challenges as oil market shifts Lack of enforcement undermines effectiveness of price cap policy on Russian oil prices New revenue streams and increased taxes limit the...
Saudi energy minister threatens more output cuts and pain for short-sellers Market takes caution in stride though prices surge on U.S. weekly consumption Supply-balance imbalance could tip prices the...
API inventory data posts a 6.799 million barrel drop vs. 0.525 million expected to build, Cushing rises 1.71 million Gold steadies as the dollar rally extends Bitcoin streak of monthly gains is in...
Oil generating some bullish momentum but remains lower Oil prices are marginally higher at the start of the week but broadly speaking we’re still seeing choppy trade below the December to March...
US debt crisis rolls on as Biden, McCarthy hold to their positions Gold, oil soft in Monday’s Asian trade on wavering headlines for a likely debt deal Fed remarks parsed as well for potential June...
Oil settles in lower range and further declines may prove challengingOil prices are marginally higher on Tuesday but remain below the December to March range. The risks remain tilted to the downside...
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