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On Friday, in Asia, crude was narrowly mixed because traders looked ahead to American rig count data from Baker Hughes for further direction on shale crude.
November delivery crude futures gained 0.10% in New York reaching $51.34 a barrel. At the same time Brent futures dived 0.05% in London being worth $57.23 a barrel.
On Tuesday, crude prices managed to settle lower because data demonstrating a larger than anticipated build-up of product inventories kept weighing on market sentiment.
Crude prices went down because signs that OPEC would further extend the world’s supply-cut agreement deal didn’t manage to compensate everlasting investor worries over data highlighting a steep soar in gasoline as well as diesel supplies.
Issued on Wednesday, a weekly report from the Energy Information Administration revealed that American gasoline stockpiles went up for a fourth straight week. Meanwhile, supplies of distillates edged up for the first time since August.
On Tuesday, gold jumped, underpinned by hopes that the US main financial institution is going to send financial markets a more dovish message as for future monetary policy following the two-day policy gathering scheduled to start a bit later on Tuesday…
On Monday, gold managed to ascend because traders closely watched a busy week probably to be dominated by the Fed’s regular policy gathering…
On Thursday, in Asia, gold slipped notwithstanding the fact that China posted weaker-than-anticipated industrial output data…
Did Bitcoin manage to recover and what was the hottest news in the crypto and blockchain world? Read and find out!
On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…
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