The oil market flashed its biggest bearish signal in months on Tuesday, indicating oversupply could be on the horizon through the first quarter of 2022. Brent crude for February settlement flipped to trade at a […]
Commodity prices climb faster than in previous recoveries Stocks, bond yields aren’t responding the way they used to Commodities are climbing fast as the world recovers from the Covid pandemic. But while the speed is […]
Source: Graph by the U.S. Energy Information Administration, based on data from CME Group, as compiled by Bloomberg L.P. Recently, prices of high-sulfur crude oils have been declining relative to low-sulfur crude oils. Rising crude oil […]
New lockdowns would threaten to aggravate supply shortages Central banks face complex challenges on policy decisions The advent of the omicron variant of the coronavirus risks posing new challenges for central bankers by threatening economic […]
Scientists need time to assess risks posed by the Covid strain BCA sees elevated volatility, Goldman flags short-term hedges Fearful investors fled stocks worldwide Friday and flocked to havens such as sovereign bonds as volatility […]
Energy prices in Europe are repeatedly breaking records even before winter really kicks in, and one of the most damaging cost crunches in history is about to get worse as the temperature starts to drop. A super price spike in […]
(Bloomberg) –Surging oil and natural gas prices are spurring production increases from West Texas to the Upper Great Plains that probably will lift output to levels not seen since the early days of the pandemic, […]
Saudi Energy Minister Prince Abdulaziz Bin Salman delivered an hour-long masterclass in gaslighting after Thursday’s virtual meeting of ministers representing the OPEC+ group of oil producers. Arguing that the current energy crisis had been caused […]
Coal stockpiles at U.S. power plants plunged to the lowest in at least 24 years as electricity generators burn the fuel faster than miners can dig it out of the ground. Inventories fell to 84.3 […]
The energy crisis is a tragedy for the consumers as many are facing paying 50% more for heating their homes this winter. This morning on Bloomberg Francisco Blanch, BOFA Global Research, commented that Europe, and […]
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