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A service for global professionals · Saturday, July 24, 2021 · 547,118,528 Articles · 3+ Million Readers
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  • Published on Jul 23, 2021

    Oil Prices Recover After Manic Monday

    Despite a major oil price crash on Monday, oil prices are now on course to close out the week more or less unchanged. Friday, July 23rd, 2021 The news of OPEC+ bringing back withheld production in August 2021, following through with 400kbpd monthly …

    Source: Investing.com - Uncategorized
  • Published on Jul 22, 2021

    Saudi Prince Wants to Be Known As Oil Price 'Volatility Buster'

    (Bloomberg Markets) -- The Boeing 767 banked over the Red Sea, turning east into Saudi Arabia. A commercial version of the plane can carry about 260 passengers. Inside this one, Saudi Energy Minister Prince Abdulaziz bin Salman and a dozen or so aides were …

    Source: Rigzone - Neutral
  • Published on Jul 22, 2021

    Opening Bell: Futures Point To Continued Upside; Oil Rally Slows; USD...

    Global shares set for largest 3-day gain since April Oil maintains gains but hits resistance Gold and the dollar slide Key Events A strong start to earning season is helping traders ignore the risk to economic growth from the Delta variant of COVID-19 and …

    Source: Investing.com - Uncategorized
  • Published on Jul 21, 2021

    European stocks jump as investors brace for further ECB stimulus

    European equities rallied and the euro held at its weakest level against the dollar since April ahead of a European Central Bank meeting this week, when policymakers are expected to commit to continued monetary stimulus. The Stoxx Europe 600 share index …

    Source: Irish Times - Neutral
  • Published on Jul 20, 2021

    Gold/Silver Ratio Jumps Above 72 as Equities, Crude Oil Bounce from Inflation-and-Covid Slump

    GOLD PRICES rose in terms of the US Dollar, Euro, British Pound and all other major currencies on Tuesday in London but silver held onto yesterday's steep fall even as industrial commodities rallied and Western stock markets bounced from their worst …

    Source: Bullionvault.com - Neutral
  • Published on Jul 20, 2021

    Lower oil prices prompt hedge fund short-covering

    Faltering oil prices, triggered by concern over a third wave of the novel coronavirus and increased confidence OPEC+ would boost production, gave portfolio managers a chance to book profits on tactical short positions. Hedge funds and other money managers …

    Source: Investing.com - Uncategorized
  • Published on Jul 20, 2021

    Why Saudi Arabia Hiked Oil Prices So Aggressively

    The failure of the OPEC+ talks and the subsequent (albeit gradual) rapprochement of the sides coincided with Middle Eastern NOCs setting their August 2021 official selling prices. The connection between the OPEC+ talks and Saudi Arabia’s expectations was …

    Source: Auto Manufacturers - Uncategorized
  • Published on Jul 19, 2021

    European Stocks Tumble As Virus Concerns Trigger Sell-off

    European stocks tumbled on Monday, extending recent losses, weighed down by mounting concerns about the rapidly surging delta variant of the coronavirus in several countries across Europe and Asia. The virus has spread rapidly in the U.S. as well, and …

    Source: RTTNews - Neutral
  • Published on Jul 19, 2021

    OPEC Plus nations agree to open oil spigots to meet rising demand.

    Daily Business Briefing July 19, 2021Updated  July 19, 2021, 10:08 a.m. ET July 19, 2021, 10:08 a.m. ET As of Data delayed at least 15 minutes Source: Factset Robinhood disclosed the expected price range for its initial public offering on Monday, putting …

    Source: The New York Times - Neutral
  • Published on Jul 19, 2021

    A Peek Into The Markets: US Stock Futures Tumble Ahead Of Earnings Reports; Crude Oil Down

    Pre-open movers U.S. stock futures traded lower in early pre-market trade after the Dow Jones tumbled around 300 points in the previous session. Investors are awaiting earnings results from AutoNation, Inc. (NYSE: AN), Tractor Supply Company (NASDAQ: TSCO …

    Source: Benzinga - Neutral
  • Published on Jul 18, 2021

    The Next Major Wildcard For Oil

    Oil prices have been reeling ever since OPEC+ talks collapsed due to major disagreements by its members. Major cracks appeared in the ministerial meeting with the United Arab Emirates continuing to block an agreement because it wants to increase its oil …

    Source: Investing.com - Uncategorized
  • Published on Jul 23, 2021

    COP26 is still 100 days away, and the commitment of the Paris Agreement is crucial

    The author is the founding partner of Global Optimism and served as the UN Climate Leader from 2010 to 2016 Those of us who are concerned about the escalating climate crisis may be surprised that the world’s major oil powers agreed to increase production …

    Source: Justice News Flash - Neutral
  • Published on Jul 15, 2021

    Why Russia Is Refusing To Send Europe More Natural Gas

    Rising commodity prices have strengthened the economic outlook of resource-rich countries. Russia is taking advantage of this in a major way, with a particular focus on crude oil and natural gas. As Europe’s most important supplier of gas, Gazprom is well- …

    Source: Investing.com - Uncategorized
  • Published on Jul 16, 2021

    European equities steady but growth jitters persist

    European stock markets steadied after falls in the previous session driven by concerns about economic growth and the spread of the Delta variant of Covid-19. The regional Stoxx Europe 600, which closed 1 per cent lower on Thursday, rose 0.2 per cent in …

    Source: Irish Times - Neutral
  • Published on Jul 16, 2021

    European Stocks Edge Higher; Richemont Shines After Quarterly Report

    By Peter Nurse  Investing.com - European stock markets traded higher Friday, stabilizing after the previous session’s sharp Covid-inspired losses with investors focusing on corporate earnings and the latest Eurozone inflation data. At 3:55 AM ET (0855 GMT …

    Source: Investing.com - Uncategorized
  • Published on Jul 16, 2021

    European Stock Futures Mixed; Eurozone Inflation Due

    By Peter Nurse  Investing.com - European stock markets are seen opening mixed Friday, stabilizing after the previous session’s sharp losses ahead of the release of Eurozone inflation data for June. At 2:05 AM ET (0605 GMT), the DAX futures contract in …

    Source: Investing.com - Uncategorized
  • Published on Jul 15, 2021

    OPEC sees gradual recovery in oil demand as it closes in on deal, Amnesty slams Libya and Europe over ‘horrific’ abuse ...

    Across the African continent, here are 5 culturally relevant stories you shouldn’t miss out on: Amnesty slams Libya and Europe over ‘horrific’ abuse of migrants Amnesty International has condemned the “horrific violations” being committed against migrants …

    Source: Y Naija - Left-wing
  • Published on Jul 15, 2021

    Opening Bell: U.S. Futures Mixed, Europe Lower After Dovish Powell; Oil Slumps

    Fed's Powell said recovery not strong enough to remove accommodation China’s growth slows Oil extends selloff Key Events US futures contracts on the Dow, S&P, NASDAQ and Russell 2000 have been trading unevenly ahead of the US session on Thursday …

    Source: Investing.com - Uncategorized
  • Published on Jul 13, 2021

    Hedge funds took profits as U.S. oil price hit highest in more than six-years

    Portfolio managers took profits on their bullish petroleum positions after OPEC+ failed to reach agreement on increasing production and U.S. oil prices hit their highest level since late 2014. Hedge funds and other money managers cut their combined …

    Source: Investing.com - Uncategorized
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