The oil market in China was oversupplied by 930 thousand barrels per day in September, Commerzbank’s commodity analyst Carsten Fritsch notes.

The 2025 budget is likely to involve a relatively major fiscal consolidation effort, which was already featured in the most ...

Chinese oil refineries processed 58.7 million tons of crude oil in September, Commerzbank’s commodity analyst Carsten Fritsch notes.

The Canadian Dollar (CAD) has had a minor reprieve this morning as it holds little changed on the session but some 20 ticks ...

The Brent oil price fell by 7.6% last week, its strongest weekly loss since early September, Commerzbank’s commodity analyst Carsten Fritsch notes.

USD: Dec '24 is Down at 103.745. Energies: Nov '24 Crude is Up at 70.75. Financials: The Dec '24 30 Year T-Bond is Down 11 ...

Gold rallies as investor demand for safety increases due to the worsening conflict in the Middle East. Despite the eleventh ...

Crude Oil struggles to hold $70.00, with more downside expected. Traders expect longer sluggish demand as markets reprice Fed rate cut prospects. The US Dollar Index broke above 103.80 and tested 104.

EUR/USD maintains its recovery mode above 1.0800 in European trading on Tuesday. A broad US Dollar pullback allows the pair to stage a modest comeback. However, ECB rate cut bets and higher US ...

Markets adopted a cautious stance at the beginning of the week amid escalating geopolitical tensions in the Middle East, ...

The markets anticipate an oversized 50bp cut, as economic growth has been weak, wage growth remains high and inflation is ...

The AUD/USD pair rebounds strongly from the key support of 0.6650 in Tuesday’s European session. The Aussie pair discovers ...