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Crude Oil - What’s driving the crude oil rally and will it sustain?
The prices of commodities have historically tended to drop when the dollar strengthens against other major currencies, and when the value of the dollar weakens against other major currencies, the ...
FTSE 100 treads water; Oil majors boosted as crude price hits 11-month high
Shares in Shell and BP moved higher in early trading as the price of a barrel of Brent crude reached nearly US$57, levels not seen since last February ...
Sumitomo to close Singapore crude, fuel oil trading desk by April -sources
Japan's Sumitomo Corporation plans to close by April its crude and fuel oil trading desks in Singapore and relocate these trading functions back to Tokyo headquarters, two sources with knowledge of ...
WTI Crude Oil Forecast: Market Drives Towards $55
The West Texas Intermediate crude oil market rallied a bit during the trading session on Tuesday as we continue to see the “reflation trade” come into play.
Oil prices rally further after crude stocks fall more than expected
Oil prices were higher on Wednesday, with U.S. crude gaining for the seventh straight day, after industry data showed a bigger than expected drop in inventories and investors shrugged off rising new ...