After declining in 2023, crude oil prices rallied in Q1 2024 and have edged even higher in the early days of Q2. Crude oil remains the energy commodity that powers the world, and the price prospects over...
NYMEX WTI and ICE Brent crude oil prices have made higher lows and higher highs since the mid-December 2023 lows. The trend is always your best friend in markets across all asset classes until it bends....
Crude oil prices have been highly volatile. Winter is an off-season for crude oil because gasoline demand declines as drivers put less mileage on automobiles. Meanwhile, the geopolitical landscape and...
Nearby WTI and Brent crude oil futures settled at $70.64 and $74.90, respectively, at the end of Q2 2023. WTI futures were 6.65% lower in Q2 and fell nearly 12% over the first half of 2023. Brent fell...
Recessionary fears were rife in the United States last week. This has led to a moderate performance by key U.S. equity gauges.
Market prices often focus on critical levels that test the supply and demand fundamentals. While speculation and other factors can push prices to extremes on the up or downside, they tend to return to...
Wall Street was downbeat in February on rising rate worries. Re-accelerating inflation data triggered the bets for a more hawkish Fed this year.
Wall Street was downbeat last week. The S&P 500 and the Nasdaq recorded the worst week since December.
Oil prices remained under pressure this year on global recessionary fears. Can it bounce back?