Weekly Oil Views: US-China Tensions Unlikely to Snuff Out Crude's Rally
The Trump administration's retaliatory measures against Beijing over the new security law in Hong Kong, announced on May 29, steered clear of...
345 Views
Weekly Oil Views: US-China Tensions Threaten to Become Fresh Headwinds for Oil
Brent and WTI staged a strong rally over May 14-21 to levels not seen in two and a half months. The cumulative rise stacked up to 24% for Brent and...
317 Views
Weekly Oil Views: Prices to Inch up in Lockstep with the World's Reopening
As the world tiptoes out of the coronavirus lockdowns, Crude Oil (CRUDE OIL COMDTY)Â prices have begun their slow ascent. The risk-off sentiment in...
196 Views
Weekly Oil Views: Prices Bounce from Apr Nadir but Further Gains May Be Slower
“Sell in May and go away.” The old adage advising financial market investors to divest their holdings in May and return to buy for the winter...
288 Views
Weekly Oil Views: Crude Rebounds on Tentative Hope of Supply-Demand Gap Narrowing
Brent futures ended April with a 31% rebound from an 18-year low of $19.33/barrel hit just seven days ago. NYMEX WTI settled at $18.84 on the last...
392 Views