“Wait and see” approach stays in place ahead of the FOMC
European stocks opened mixed on Wednesday as the “wait and see” approach stays in place ahead of the FOMC’s decision ...
Tag: crude oil
Traders still fearing oil shortage in global supply
As soon as investors realized that Aramco would take weeks before it could restore oil production after the drone attack, ...
Geopolitical tensions wreak havoc
This was to be the week of the FED, with the two-day meeting starting tomorrow to dominate investor attention since ...
Market sentiment shattered by drone attack on two of the biggest Saudi Arabia’s oil fields
Global benchmarks are trading significantly lower as market sentiment has been shattered by the drone attack on two of the ...
Geopolitical risk priced in, Oil open new week with huge gap higher
Oil opened the new week with a huge gap higher, as investors absorb the shock coming from a drone attack ...
WTI playing on the key level while market waiting for ECB decision
Oil collapsed yesterday, despite inventories figures released by EIA showing a decline in stocks of almost 7 million of barrel. ...
Oil has given a lift by API, price could have space for further growth
The impressive draw in crude oil inventories estimated by the American Petroleum Institute (API) has given a lift to the ...
Investors focus on currency markets clearly indicate lack of interest on stocks
European stocks are edging higher, alongside U.S. Futures, following a string of good corporate reports. However, these bullish moves on ...
