Insights

U.S. oil exports surge, drawing crude away from storage hub

By Reuters - 8 minutes ago By Stephanie Kelly, Arathy Somasekhar and Nia Williams NEW YORK (Reuters) - U.S. oil exports have climbed following Russia's invasion of Ukraine, and barrels of domestic oil that...

Gold Down as Ukraine and Russia Set to Resume Peace Talks, Dollar Strenghens

By Investing.com - 13 minutes ago By Gina Lee Investing.com – Gold was down on Monday morning in Asia, with the resumption of peace talks between Ukraine and Russia denting the yellow metal’s safe-haven appeal....

Oil Down, Shanghai Lockdown Causes Fuel Demand Worries

By Investing.com - 39 minutes ago By Gina Lee Investing.com – Oil was down on Monday morning in Asia, tumbling around $4 as a nine-day lockdown in the Chinese city of Shanghai sparked fuel demand concerns. Brent...

Oil falls as Shanghai lockdown boosts fears over weaker demand

By Reuters - 47 minutes ago 4 By Yuka Obayashi TOKYO (Reuters) -Oil prices fell more than $3 on Monday as fears over weaker fuel demand in China grew after its financial hub of Shanghai launched a planned...

China's Sinopec plans its biggest capital expenditure in history

By Reuters - 4 hours ago 2 By Muyu Xu and Chen Aizhu BEIJING (Reuters) -China Petroleum & Chemical Corp, better known as Sinopec (NYSE:SHI), is planning its highest capital investment in history for 2022...

Gold Steady After Weekly Gain as Traders Weigh War, Inflation

By Bloomberg - 4 hours ago (Bloomberg) -- Gold was steady after capping a weekly advance, as investors weighed the latest developments in Russia’s war in Ukraine against the impact of tighter monetary policy...

Oil Opens the Week Lower as China’s Covid-19 Lockdowns Tighten

By Bloomberg - 6 hours ago (Bloomberg) -- Oil declined at the open in Asia as a virus resurgence in China worsened, and Houthi-led attacks on Saudi Arabia took a pause. Futures in New York and London lost...

Uncertain path for oil markets in coming days

By Reuters - 9 hours ago 5 By David Gaffen (Reuters) - The crude oil market heads into another week of uncertainty, buffeted on one side by the ongoing war between Russia and Ukraine and the expansion of...

Asia shares dip, oil skids on Shanghai shutdown

By FXEmpire - 4 hours ago By Wayne Cole SYDNEY (Reuters) – Asian shares stalled and oil prices slid on Monday as coronavirus lockdown in Shanghai looked set to hit global activity, while throwing...

Oil - Iran says a nuclear deal agreement is Close. Not its not, says the US.

By Forexlive - 6 hours ago Another Monday, another report that the Iran nuke deal is close. How many of these have we had? Here's the next one. Info via a Reuters report: Kamal Kharrazi, a senior...

Oil - Sunday evening US time futures trade has opened, oil price lower