The U.S. government can tap nearly $38 billion from existing federal funds to revitalize communities hard hit by the closure […]
Tag: commodities
Oil Drops 1%; U.S. Dollar Strength
Oil prices fell on Friday as a collapse in bond prices led to gains in the U.S. dollar and expectations […]
Oil Prices Rise With Storm-hit U.S. Output Set For Slow Return
Oil prices rose on Monday as the slow return of U.S. crude output cut by frigid conditions served as a reminder of […]
Oil Hits 13-Month Highs As Market Re-Balances
Oil prices soared on Monday to their highest in about 13 months as vaccine rollouts promised to revive demand and […]
S&P 500 Expected To Rise another 10%
Pictet Group’s asset management arm awaits the S&P 500 to rise 10% from its current levels, with improving economic growth […]
With Oil Past Peak, Shell Vows To Eliminate Carbon By 2050
Energy giant Royal Dutch Shell (LON:RDSa) vowed to eliminate net carbon emissions by 2050, accelerating previous targets, as oil production […]
Oil Holds Steady as Supply Cuts Balance Slowing Fuel Demand
Oil prices were mixed on Friday as slowing fuel demand was balanced by a pending supply cut by Saudi Arabia […]
Crude Oil Slips; Tone Downbeat Despite Chinese Growth
Crude oil prices weakened Monday in European trading as the release of healthy Chinese economic data was not enough to turn […]
Gold Up, With Dollar and Treasury Yields Pausing Rallies
Gold was up on Wednesday morning in Asia, with both the dollar and U.S. Treasury yields hitting the pause button […]
Crude Oil Reaches $50
2020 was a rough year for the crude oil market. As the energy demand plunged during the global financial crisis, […]
