Analysis-Oil price rally set to falter as demand doubts loom
By Robert Harvey and Natalie Grover LONDON (Reuters) - Oil prices may be near $100 a barrel, but a range of factors could prevent a sustained rally above that level, analysts say. They...
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Name
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Month
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Low
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Chg
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Chg%
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Time
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| Gold | Dec 23 | 1,936.45 | 1,946.60 | 1,934.35 | -9.15 | -0.47% | |||
| XAU/USD | - | 1,917.39 | 1,927.50 | 1,915.21 | -8.07 | -0.42% | |||
| Silver | Dec 23 | 23.367 | 23.922 | 23.290 | -0.477 | -2.00% | |||
| Copper | Dec 23 | 3.6675 | 3.7055 | 3.6492 | -0.0285 | -0.77% | |||
| Platinum | Jan 24 | 922.65 | 941.10 | 920.20 | -17.35 | -1.85% | |||
| Palladium | Dec 23 | 1,232.28 | 1,259.00 | 1,230.25 | -23.82 | -1.90% | |||
| Crude Oil WTI | Nov 23 | 89.64 | 90.83 | 89.03 | -0.39 | -0.43% | |||
| Brent Oil | Dec 23 | 91.83 | 92.72 | 91.22 | -0.13 | -0.14% | |||
| Natural Gas | Nov 23 | 2.885 | 2.936 | 2.862 | +0.006 | +0.21% | |||
| Heating Oil | Nov 23 | 3.1944 | 3.2799 | 3.1883 | -0.0429 | -1.33% |
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Chg%
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Time
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|---|---|---|---|---|---|---|---|---|---|
| TR/CC CRB ex Energy TR | - | 330.33 | 330.33 | 330.33 | +0.00 | +0.00% | |||
| TR/CC CRB Orange Juice | - | 1.9496 | 1.9813 | 1.9423 | 0.0000 | 0.00% | |||
| TR/CC CRB Unleaded Gas | - | 10.3611 | 10.3711 | 10.1018 | +0.0000 | +0.00% | |||
| TR/CC CRB Heating Oil | - | 10.3573 | 10.3958 | 10.1454 | +0.0000 | +0.00% | |||
| TR/CC CRB ex Energy ER | - | 164.57 | 164.57 | 164.57 | +0.00 | +0.00% |
Commodities News & Analysis
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Oil prices edge lower as Russia eases fuel export ban
By Stephanie Kelly and Nicole Jao NEW YORK (Reuters) -Oil prices edged lower in choppy trade on Monday as Russia relaxed its fuel ban, after earlier gains on a tighter supply outlook, while...
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Oil prices steadied ahead of global inflation, PMI data
Investing.com -- Oil prices stabilized Monday as investors balanced off concerns about a hit to U.S. economic activity following last week’s Federal Reserve meeting with a tight supply...
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Energy Fund Manager Predicts Major Upside For Oil Equities
Ninepoint Energy Fund’s Eric Nuttall sees a strong year ahead for oil stocks, which have been lagging behind the surge in oil prices, citing unprecedented draws in oil inventories. Nuttall,...
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Egypt Seeks Exploration Bids For 23 Oil And Gas Blocks
Egypt launched on Monday an international bidding round for oil and gas exploration in 23 onshore and offshore blocks, the Ministry of Petroleum and Mineral Resources said. Egypt will be...
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Commodities Week Ahead: Oil Bulls Seek Higher $90s Amid China, Fed Challenge
Property crisis weighs again on market sentiment in top oil buyer China Fed speakers, including Chair Powell, on higher-for-longer rates messaging Russian fuel export ban puts floor beneath...
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The Spread Between Brent And WTI Has Aligned With Transatlantic Freight Costs
The cost of transporting U.S. crude from the Gulf Coast to Europe has been increasingly determining the discount at which the U.S. benchmark WTI trades relative to the North Sea crude...
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Oil prices steady as Russia eases fuel export ban
Oil prices held steady on Monday after Russia relaxed its fuel ban, taking the edge off earlier gains on a tighter supply outlook and wariness over interest rates that could curb demand....
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The energy transition looks different to those in the oil patch: panel
The transition to a low-carbon economy can appear as a threat to livelihoods in the oil patch, and this perspective can be an obstacle to climate efforts, a Canadian executive said on a...
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Iraq export pipeline closure wreaks havoc on Kurdish region economy
The once-thriving oil industry in the northern Kurdish region of Iraq has ground to a halt as the closure of the export pipeline to Turkey, now in its sixth month, continues, inflicting...
