Another day, another dollar (rally). Crude prices are again coming under downward pressure as economic concerns swirl and uncertainty swells. That said, dollar strength was mucho more apparent earlier in the day; as the dollar eases from its highs, oil is paring its losses - ahead of weekly inventory data tomorrow, and Nonfarm Friday the day after. Hark, here are five things to consider in oil...
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As the oil market returns to full strength after the Independence Day break, crude prices are charging lower, egged on by a strengthening dollar (well, weakness elsewhere - pound, I'm looking at you). As economic concerns rise again, crude is looking downbeat. Hark, here are five things to consider in energy markets today.
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I took a break from 4th July festivities to chat with my friends Pauline Chiou and Dan Murphy on CNBC Asia about the biggest influences in the current oil market. We cover China, Venezuela and US dynamics in swift succession; hark, click on the below mugshot to launch to the clip.
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As we charge into the second half of the year, with a long holiday weekend stretching out in front of us, oil has pared losses and appears to be shutting up shop around yesterday's close. Hark, here are five things to consider in oil markets today.
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After a couple of days of rampant rallying, crude is heading lower once more amid a stronger dollar (read: a pound walloping). Hark, here are five things to consider in energy markets today.
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Once again, broader markets are maintaining a risk-on stance, with a falling dollar helping to usher crude prices higher. With weekly inventories bringing focus back to U.S. fundamentals as we charge toward a holiday weekend (stay strong, my friends), here are five things to consider relating to oil and energy today.
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After the bloodletting across energy commodities, equities and various currencies in recent days, today is the day we have a relief rally, with markets are seeing an inevitable rebound. Hark, here are five things to consider in oil markets today.
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As the U.S. dollar flexes its muscles once again and broader markets adopt a decidedly risk-off stance, oil prices are charging lower amid unknowns surrounding last week's Brexit decision. Hark, here are five things to consider in oil and energy today.
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And as the world comes to terms with the news that the U.K. has voted to leave the E.U., the oil market is getting a wop bop a loo bop a lop bam walloped. Hark, here are five more energy-specific things to consider today:
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As the pound pushes on, equities rally, and bonds sell off, oil is being propelled higher by an expectation for a 'remain' vote coming through in today's Brexit vote. With that out of the way, let's dig into five interesting oil and gas-specific trends today:
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