BRENT

Shares show high volatility, which indicates increasing risks. The market could be wrong about the Fed's interest rate. Recent projections show that Fed officials expect the federal funds rate to rise to at least 5.1% from the current range of 4.75% to 5%. That suggests the Fed could make another qu

Executive Summary 🔸Oil prices surged above US$110 as Middle East conflict disrupted supplies. 🔸Asian markets plunged, with South Korea and Japan hit hardest. 🔸Governments imposed fuel caps and rationing to contain panic buying.   (March 9) U.S. oil prices surged above US$110 per barrel on Ma

Illustration photo of oil well from Investopedia TOKYO (Reuters) - Oil prices held on to gains made on the previous session on Friday, after Russian President Vladimir Putin indicated he would be prepared to extend record supply cuts in the face of the COVID-19 pandemic. Brent crude was off 1 cent a

© Reuters. FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County By Sonali Paul MELBOURNE (Reuters) - Oil prices drifted lower on Thursday as concerns about renewed COVID-19 lockdowns in the United States outweighed signs of a recovery in U.S. gasoline demand

© Reuters. FILE PHOTO: Pump jacks operate at sunset in Midland TOKYO (Reuters) - Oil prices dipped on Friday after steep falls in the previous session and were set for a weekly decline on worries renewed lockdowns following a surge in coronavirus cases in the United States and elsewhere will suppres

© Reuters. FILE PHOTO: A pump jack operates in front of a drilling rig at sunset in an oil field in Midland By Sonali Paul MELBOURNE (Reuters) - Oil prices were unchanged on Friday, with trading marked by growing uncertainty about global recovery in fuel demand as new COVID-19 cases surge in several

© Reuters. FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County By Jessica Jaganathan SINGAPORE (Reuters) - Oil prices rose on Friday on the back of a weaker U.S. dollar, although demand concerns stemming from rising coronavirus cases and escalating U.S.-Chi

The American Petroleum Institute (API) report yesterday evening a 6.83 million-barrels draw in crude oil inventories for the week ending July 24, in stark contrast to market expectations of a 450, 000-barrel rise. The verdict however is still out, as today more definitive US stocks data is due for r