Fears for the world economy impact the markets. The dollar remains firm in a climate of risk aversion. Operators attentive to Powell’s words. Oil prices fall more than 4%. The rally in equity markets ran out of fuel on Wednesday. Stock markets are registering significant declines, due to fears of recessions throughout the world. Powell […]
Tag: Petroleum
Oil: WTI plummets more than 4% on concerns about the global economy
Sharp fall in oil prices due to expectations of lower demand. WTI reaches lows in six weeks. Equity markets fall throughout the world on fears of recession. Oil prices are affected by the negative climate in the markets due to fears of a possible recession, which affects the demand for crude oil. The falls in […]
S&P 500: Markets rise, attention to data and oil prices
Markets rise ahead of US data The dollar pulls back and erases much of Wednesday’s gains. Oil prices continue to decline. Metals pick up pace and rise strongly. In Europe and on Wall Street, stock prices are rising on Thursday, with volatility on the downside. This comes on the heels of US data. The dollar […]
Oil: WTI reaches maximum in two months after agreement on embargo on Russian oil
Oil prices accelerate rise to highs in two months. The EU agrees to ban Russian oil. Wall Street is in the red, it could limit increases in the price of crude oil. Oil prices have moderated the rise in recent hours, after reaching maximums in months. The barrel of WTI it rises only 0.25%, although […]
S&P 500: The rally loses steam, oil advances steadily
Wall Street futures fall and cut bullish streak. Oil soars after European embargo on Russian crude. Metals fail to settle. In the previous one, the futures of the main Wall Street indexes are falling, after the holiday on Monday and the strong rises of last week. European markets operate with a majority of losses, due […]
Oil: WTI affirms itself at a maximum in two months
Optimism in markets helps the rise in oil prices. Prices retain gains from last week due to a rebound in the market and a negative increase in production. WTI barrel at maximum since March. Oil prices advanced moderately on Monday, most importantly holding on to gains made last week. The barrel of WTI reached levels […]
Oil: WTI Cuts Sideways Days and Jumps to One-Week Highs
The barrel of WTI (platform) exceeds 112.50 With no clear trigger for the rise, shares on Wall Street also climb. The prices of Petroleum soared after the start of the American session, rising almost 3%. At the same time, stocks on Wall Street are making significant gains. The dow jones climbs 1.48% and extends weekly […]
Oil: WTI rises to seven-week high
Oil price extends advance after strong rebound on Monday. WTI signs above $110.00, starts looking at $115.00. Better mood in markets and dollar weakness help crude oil prices. Oil prices are rising for the second day in a row on Tuesday and hit the highest levels in nearly two months, fueled by a downward correction […]
Oil: WTI rises for third day and erases weekly losses
WTI accumulates a rise of $10 from the low of the week. Better mood in the markets favors the rebound. The oil prices they rise for the third day in a row and are on track to erase weekly losses. The negative climate in the markets and the lack of resolution on the ban on […]
Oil: WTI falls to two-week lows and looks vulnerable
The bad moment in the global financial markets plays against oil. Concerns about the demand for crude pull the price down. It follows the European Union’s plan to ban purchases of Russian oil. Oil prices are falling on Tuesday, adding to Monday’s red. In this way they accumulate a decrease greater than 7% in just […]