2024-10-21 | Market Commentary
Crude Oil Futures Face Sharp Declines Crude oil futures took a sharp hit last week, with both Brent and West Texas Intermediate (WTI) crude dropping over 7%, marking their largest weekly declines in more than a month. This selloff was driven by weaker demand forecasts from China and reduced fears of supply disruptions in the […]
2024-06-05 | Market Analysis
Gold prices fell more than 1% as the dollar stabilized. Oil prices dropped more than $1, marking the fifth day of decline and setting a new four-month low
2024-06-04 | Market Analysis
Weaker-than-expected US economic data strengthened expectations of a Fed rate cut, leading to a drop in the dollar and bond yields and helping gold rebound
2024-05-31 | Market Analysis
A downward revision of the U.S. Q1 GDP data weakened the dollar and U.S. Treasury yields, helping gold rebound after hitting a three-week low.
2024-05-30 | Market Analysis
Stronger dollar, rising US Treasury yields, and hawkish comments from Fed officials dampened market sentiment, causing spot gold to fall to a two-week low.
2024-05-29 | Market Analysis
Aided by a weaker dollar and safe-haven buying due to geopolitical concerns, gold prices continued to rebound, recording three consecutive daily gains.
2024-05-28 | Market Analysis
On Monday, gold prices rebounded by nearly 1%, influenced by geopolitical tensions and a weaker dollar.
2023-08-10 | Market Dive
Crude Oil has officially posted its sixth consecutive weekly gain, marking the longest streak since the start of the Russia-Ukraine war. The price of WTI crude oil reached over USD 82 per barrel, its highest level since April 2023. These recent crude oil price fluctuations might spark a global energy war. The Russia-Ukraine conflict shook […]
2023-04-20 | Market Dive
In this article, we will examine the main reasons behind OPEC+’s move to cut output and the implications it has had on the oil market
2022-11-03 | Market Dive
This year, the global oil and gas situation has been stirred by multiple factors including geopolitical, market, and economic risks.
