With limited gains on the fourth day of the business week, oil prices ticked higher; adding 2 cents taking rate to $44.31 a barrel. According to the details, Brent crude added 2 cents, or 0.1%, to $44.31 a barrel while U.S. West Texas Intermediate (WTI) crude gained 6 cents, or 0.1%, to $41.96 a barrel. … Read more
Prices of oil fell dramatically on the third day of the business week, as the demand in United States, world’s largest oil consumer; dented after spike in coronavirus cases. According to media reports, Brent crude fell 32 cents, or 0.7%, to $44 a barrel, and U.S. West Texas Intermediate (WTI) crude CLc1 dropped 33 cents, … Read more
As the worsening coronavirus pandemic threatens recovery, brent crude fell 10 cents or 0.2%, at $43.04 a barrel on the first day of the business week. According to the details, the oil dropped this week, after gaining 4 cents last week 0.2%, at $40.53 a barrel. The prospect that a rise in the spike of … Read more
As Opec and Russia agreed to ease record supply curbs from August, Oil prices in the international market slid at $43.66 a barrel on Thursday. According to the details, Brent crude LCOc1 fell 13 cents, or 0.3%, at $43.66 a barrel, whereas US West Texas Intermediate (WTI) crude CLc1 dropped 18 cents, or 0.4%, to … Read more
Despite the surge in coronavirus cases in the United States, fuel demand in the international market witnessed recovery as Brent crude futures were up 19 cents, or 0.4%, at $43.09 a barrel. On the third day of the business week, U.S. West Texas Intermediate (WTI) crude futures spiked 17 cents, or 0.4%, to $40.46 a … Read more
On the first day of the business week, oil prices slipped as traders aim for the OPEC technical meeting this week. According to the details, the meeting is expected to ease the supply cuts that have been holding up crude prices. Brent crude decreases 27 cents to $42.97 a barrel while US West Texas Intermediate … Read more
On the first day of the business week, Asian shares and Wall Street futures fell as growing fears of a second wave of the novel coronavirus infections revived economic concerns. The risk-off sentiment is also likely to weigh on global markets, with e-Minis for the S&P 500 extending losses in Asia to be down 2.7% … Read more
On the last day of the business week, Asian shares fell sharply after Wall Street and oil plunged over growing concerns that a resurgence of coronavirus infections could affect the pace of recovery in economies reopening from lock-downs. According to the details, American finance company headquartered in New York City (MSCI’s) broadest index of Asia-Pacific … Read more
Asian share markets were pinned down on Thursday, haunted by the rising U.S. coronavirus death toll, and with investors braced for more signs of economic pain in the world’s largest economy ahead of another likely record week of jobless claims. With hopes growing that the worst of the outbreak may have passed for China … Read more
Asian Shares on Tuesday saw a sharp rise after historic fall, offering hope that markets had found a floor, even just fleetingly. Reuters reported that Asian Shares bounced back after drastic fall on Monday. Yields on benchmark U.S. 10-year Treasury debt doubled to 0.68 per cent and oil prices rallied more than 6 per cent. … Read more
