Mid-Week Market Review: October 2024, Edition 2

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 Milton in the U.S. In the early hours of today, Brent crude futures was seen to have dropped by 0.47% to $76.82 per barrel, while U.S. West Texas Intermediate (WTI) […]

Mid-Week Market Review: October 2024, Edition 1

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 3% over the week, while WTI crude had a steeper drop of around 5%. In the U.S., some Gulf of Mexico operators have restarted operations after Hurricane Helene struck Florida […]

Mid-Week Market Review: Alternative Assets and Commodities. Vol. 114.2

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 sluggish state of China’s economy. Despite the recent downturn, both major benchmarks – Brent and WTI Crude Oil – saw a rise of over 4% in the week, a notable […]

Mid-Week Market Review: Alternative Assets and Commodities

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 with the supply of oil and market expectations of increased demand if the Federal Reserve lowers its benchmark interest rates at the end of the meeting today. Following Hurricane Francine […]