Βy Han Tan, Chief Market Analyst at Exinity Group Asian stocks were mixed Wednesday, while European indices and US equity futures drifted in and out of negative territory. The buy-the-dip charge in
Moody’s Investors Service increased its medium-term oil price range to $50-70/barrel to reflect the rating agency’s expectation that the full cost of production of a marginal barrel of oil will keep increasing
By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares were in the red on Tuesday following a broad selloff on Wall Street overnight, as surging oil prices stoked concerns about global
By Hussein Sayed, Chief Market Strategist at Exinity Following three consecutive weekly gains, oil bulls do not seem tired yet as crude oil extended gains for the fifth straight session on Monday.
By Han Tan, Chief Market Analyst at Exinity Group Oil prices could be in for some volatility should there be any surprises out of Wednesday’s OPEC+ meeting, the latest EIA data or
By Hussein Sayed, Chief Market Strategist at Exinity Group There may be a lot of disagreement over how the Federal Reserve is pursuing its current monetary policy, with inflation hawks becoming increasingly
By Charles Ellinas Following the OPEC+ (OPEC plus Russia) agreement on Sunday to raise crude oil production by 400,000 barrels/day each month, starting from August, Cypriots should see a fall in fuel
By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares were mixed on Tuesday as oil prices rallied after OPEC+ abandoned output talks with no new date set for more discussions. European
By Lukman Otunuga, Senior Research Analyst at FXTM OPEC and its allies will be under the spotlight on Thursday as they discuss their oil production plans for the next few months. Markets
For different reasons, each of the two main commodity products with high marketability, oil and copper, have for a few weeks now entered a new upward cycle, or “super cycle”, according to
