Oil

EUR/CAD Shaping up for Long-Term Reversal as Oil, Inflation RiseEUR/CAD sold off into the end of Q3 after the European Central Bank (ECB) hiked rates to 4% which may prove to be the peak. The euro depreciated immediately as markets lowered…

SlavkoSereda/iStock via Getty Images Energy stocks posted their worst week since May, with the S&P Energy Index dropping 5.4%, while U.S. crude oil plummeted nearly 9% for its biggest weekly loss since March. Crude futures edged…

Rebounding from some pivotal, psychological levels, the vast majority of world equity indices rose yesterday, helped by a decrease in yields. Buying in the US intensified in the last minutes of trading led by large-cap…

David McNew/Getty Images News Exxon Mobil (NYSE:XOM) appears likely to report strong Q3 results, after disclosing Wednesday that it expects higher prices for crude oil, natural gas and fuel product will deliver a Q3 operating profit in…

Receive free Oil updatesWe’ll send you a myFT Daily Digest email rounding up the latest Oilnews every morning.Oil prices plunged by more than $5 a barrel on Wednesday over concerns that sharp increases in borrowing costs caused by higher…

SlavkoSereda/iStock via Getty Images Crude oil futures closed modestly higher Tuesday, a day after a three-session drop pulled prices to three-week lows in the wake of rising Treasury yields and a stronger U.S. dollar. Higher interest…

© Reuters. FILE PHOTO: Oil rigs are seen at Vaca Muerta shale oil and gas drilling, in the Patagonian province of Neuquen, Argentina January 21, 2019. REUTERS/Agustin Marcarian/File Photo By Paul Carsten LONDON (Reuters) -Oil prices…

Recommended by Daniel Dubrovsky Get Your Free USD Forecast The US Dollar broadly outperformed against its major counterparts in the third quarter of 2023. Relatively speaking, it performed the best against the…

Weekly WTIOil is near the lows of the day, down 96-cents but still has some breathing room in what looks like it will be another weekly close above $90.Still, it feels like something of a loss for the bulls, or at least a loss of momentum.…

Stock markets sold off across Asia, with Nikkei and Hang Seng underperforming. China jitters and the sharp rise in oil prices are weighing on sentiment. USOIL…