Mid-Week Market Review: November 2024, Edition 2
November 13, 2024
Commodities In the oil market, traders are keenly awaiting a series of crucial US economic indicators this week, with the October Consumer Price Index (CPI)
Commodities In the oil market, traders are keenly awaiting a series of crucial US economic indicators this week, with the October Consumer Price Index (CPI)
Commodities Last week, oil prices saw a slight uptick on Friday due to reports indicating that Iran was preparing a retaliatory strike against Israel from
Commodities Last week, oil prices concluded the week on a positive note, with gains noted on Friday. Brent crude rose by 4.64% for the week,
Commodities The Energy Information Administration (EIA) reported last Thursday that U.S. crude oil production hit an all-time high, even as stockpiles of crude, gasoline, and
Commodities Libya’s National Oil Corporation (NOC) announced last Friday that it has resumed oil production to pre-crisis levels, now reaching 1.25 million barrels. This recovery
Commodities Oil prices lost early gains on Wednesday as weak demand and rising supply offset concerns over potential disruptions from Middle East conflicts and Hurricane
Commodities On Friday, oil prices closed on a positive note, although they recorded a weekly decrease. We saw the Brent crude benchmark fall by about
Commodities Last Friday, although oil prices dipped slightly, their performance marked a second consecutive week of gains. This upward trend is somewhat constrained by the
Commodities Yesterday, oil prices surged by $1 per barrel. Several considerations have been credited to this recent development, some of them including the ongoing interruptions