Oil Price Dictated by Coronavirus-related EventsCommodities

Oil Price Dictated by Coronavirus-related Events

Oil price ascends from last week’s losses after opening the week with gains in Asia.   The market’s attention reverts…

Oil Steady, GDP & Jobless Claims, Earnings, Health InsuranceEconomy

Oil Steady, GDP & Jobless Claims, Earnings, Health Insurance

Oil remained steady despite pressure on risk assets. The stock market’s selling pressure had only a limited effect on crude…

Oil Price Reverts Previous Losses but Demand Woes WeighCommodities

Oil Price Reverts Previous Losses but Demand Woes Weigh

Oil price managed to regain losses incurred in the early morning session in Asia.    However, the black gold remains…

Oil Price Takes Breaks over Pandemic WorriesCommodities

Oil Price Takes Breaks over Pandemic Worries

Oil price grabs the breaks from hikes as a worldwide hike in coronavirus cases dampen demand outlook. The black gold…

Oil Price Hurdles Another Pressure, Down for the DayCommodities

Oil Price Hurdles Another Pressure, Down for the Day

Oil price faces another downward pressure, with growing uncertainty on the market concerning the revamping of crude demand.   Recently,…

Oil Price Surges Amid Low Inventory and OPEC DecisionCommodities

Oil Price Surges Amid Low Inventory and OPEC Decision

Oil price is in another uphill trajectory, undaunted by the inventory build report by the American Petroleum Institute.   This…

Oil Price Surged with OPEC’s Output ExpectationsCommodities

Oil Price Surged with OPEC’s Output Expectations

Oil price reached a multi-month high as the market expects that the Organization of Petroleum Exporting Countries and allies will…

Holidays Fail to Buoy Oil Price, Worries on Demand PersistCommodities

Holidays Fail to Buoy Oil Price, Worries on Demand Persist

In a pre-pandemic setting, the December holidays are one of the busiest periods for distillers due to the robust demand…

Oil Price Volatile, Downward Pressure to StayCommodities

Oil Price Volatile, Downward Pressure to Stay

In the pre-pandemic setting, the Christmas holidays are one of the busiest days of the year for oil industry players.…

Oil Price Stalls as Coronavirus Variant Threatens DemandCommodities

Oil Price Stalls as Coronavirus Variant Threatens Demand

Just as when analysts are optimistic on their outlook on oil demand comes the new variant of the coronavirus.   With…