(Bloomberg) -Oil was poised for a third weekly gain as demand remained resilient while supplies are frayed across the OPEC+ coalition and beyond. Futures increased again on Friday to trade near $80 a barrel in […]
The number of U.S. natural gas cargoes heading for European ports jumped by one-third over the weekend as the continent shivers amid a deepening energy crisis. There were 20 tankers bearing American gas heading for […]
Europe shares advance; Chinese technology stocks retreat S&P 500 index hit 69th record close; iron ore extends the decline. Stocks in Europe advanced along with U.S. equity futures as traders evaluated the resilience of the […]
ENB Publishers Note: I disagree that food prices are tempary. There is nothing to indicate any of the other items to manufacture food will have price decreases. In fact with the energy crisis there will […]
Oil rose after U.S. crude stockpiles fell the most since September and a more hawkish Federal Reserve spurred a broader rally in financial markets on speculation it can slow inflation without derailing growth. Futures in […]
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 […]
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