Day: December 1, 2022

OIL RALLY
Fuel
Oil

Oil rally Stalls on Weak Chinese Data, Uncertainty Over OPEC Cut

Oil prices were muted on Thursday, cutting short a three-day rally after data highlighted growing economic cracks in major crude importer China, while markets also speculated over whether the OPEC’s last meeting for the year will result in a supply cut. Chinese manufacturing activity- a bellwether for the economy- weakened substantially in November, official and […]

Related Posts
Oil Prices Rise As China Optimism Grows Ahead of Lunar New Year
Oil prices rise

Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery Read more

Asia FX Muted, yen Supported By Bets on Eventual BoJ Pivot
Asia FX muted

Most Asian currencies moved little on Monday as fears of a potential recession and rising COVID-19 cases in China weighed Read more

Oil Rises on Saudi Supply Signals, But Demand Fears Cap Gains
Oil Rises

Oil prices rose on Tuesday following commitments to tightening supply from Saudi Arabia and the Organization of Petroleum Exporting Countries Read more

Oil Extends Gains on China reopening Hopes, Tightening Supply
OIL EXTENDS

Oil prices rose on Monday as markets bet that an eventual scaling back of COVID-19 measures in China will boost Read more

Read More