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Recent Posts

Crude Oil Slips; Tone Downbeat Despite Chinese Growth

January 18, 2021

Dollar Up Despite Strong Chinese Data; Euro Struggles

January 18, 2021

U.S. Distributes $15 Billion In Payroll Aid To Airlines

January 16, 2021

Dow Jones Futures Down 114 Pts

January 15, 2021

Gold Up, Biden’s Plan $1.9 Trillion For COVID-19 Relief

January 15, 2021

Dollar Higher; Dovish Powell Limits Gains

January 15, 2021

Tag: opec

Crude Oil Reaches $50

Posted on January 12, 2021

2020 was a rough year for the crude oil market. As the energy demand plunged during the global financial crisis, […]

Posted in Commodities | Tagged barrel, commodities, crude oil, goods, oil, opec, saudi arabia, trading

After Saudi Arabia Pledges Unilateral Output Cut, Oil Rises To 11 Month High

Posted on January 6, 2021

On Wednesday oil prices rose to their highest since February 2020 after Saudi Arabia agreed to reduce output more than […]

Posted in Commodities | Tagged American, coronavirus, crude oil, lockdowns, oil, opec, petroleum, saudi arabia, stockpiles

Oil Prices Reach Multi-Month Highs

Posted on January 4, 2021

On Monday oil prices touched multi-month highs on anticipation that OPEC and allied producers may limit output at current levels […]

Posted in Commodities | Tagged brent crude, lockdown, oil, opec, organization, petroleum

Oil Prices Rise; Tanker Blast at Saudi Arabia

Posted on December 14, 2020

Oil prices rose on Monday, pushing Brent back above $50 a barrel, buoyed by hopes that a rollout of coronavirus […]

Posted in Commodities | Tagged Blast, Exporting, oil, opec, rise, saudi arabia, Tanker

Oil Steady on OPEC+ Deal, Gold Slides

Posted on December 9, 2020

Oil prices are quite steady today, in keeping with how they’ve traded for most of the week. A lot of […]

Posted in Commodities | Tagged COVID-19 vaccine, crude oil, deal, economy, gold, oil, opec, slips, steady, vaccine

Oil Slips As COVID-19 Lockdowns Increase

Posted on December 8, 2020

Oil prices fell on Tuesday, adding to losses from the previous session that came as California tightened its pandemic lockdown […]

Posted in Commodities | Tagged california, crude, crude oil, Exporting, germany, opec, petroleum, texas

Oil Drops as Supply Concerns

Posted on November 27, 2020

Oil prices were lower on Friday in quiet trade due to the U.S. Thanksgiving holiday, dropping amid concerns about oversupply […]

Posted in Commodities | Tagged AstraZeneca, drop, oil, opec, russia, supply, Thanksgiving

As We Await OPEC+ Meeting , Oil Prices Edge Higher

Posted on November 17, 2020

On Tuesday Oil prices went higher as we are expecting that OPEC and its allies will extend oil production cuts […]

Posted in Commodities | Tagged barrel, china, coronavirus, Covid-19, Moderna Inc, opec, reuters

In The Midst Of Global Recovery , European Stocks Are Higher

Posted on November 16, 2020

Today on November 16th the European Stocks seem to have opened higher, as strong economic data from Japan and China […]

Posted in Stock Market | Tagged BBVA, cac 40, china, coronavirus, france, ftse 100, global, growth, infections, morgan stanley, opec, petroleum, recovery

Global oil demand unlikely to go up from the vaccine news

Posted on November 12, 2020

Global oil demand is unlikely to get a significant boost from the roll-out of vaccines against COVID-19 until well into […]

Posted in Commodities | Tagged Covid, crude oil, demand, oil storage, opec, price, vaccine

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Recent Posts
Crude Oil Slips; Tone Downbeat Despite Chinese Growth

January 18, 2021

Dollar Up Despite Strong Chinese Data; Euro Struggles

January 18, 2021

U.S. Distributes $15 Billion In Payroll Aid To Airlines

January 16, 2021

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