The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets. FUNDAMENTALS * Malaysian palm oil futures edged down after hitting a one week-high in early trade ...
Bitcoin mining firms looking to set up shop in Quebec will now have to pay more for electricity. This is after the energy regulator of the Canadian province, Régie de l’énergie, gave the region’s utility firm, Hydro-Quebec, the go-ahead to impose a deterrent tariff that will see cryptocurrency miners
West Texas’ Permian has enjoyed a lot of media attention recently, but as oil prices continue to rise, Utah is becoming increasingly attractive to investors looking for long-term riches
Global trade conflicts triggered by the protectionist policies of US President Donald Trump are set to dominate this weekend's meeting of Group of 20 finance ministers in Buenos Aires. US Treasury Secretary Steven Mnuchin is set to "respond to concerns on US trade policies" in the meeting
Asian and Middle Eastern Independent oil companies are expanding their presence in South-East Asia as Big Oil has been shrinking their portfolio in this region
Oasis Petroleum (OAS) stock has a current implied volatility of ~50.2%, which is ~1.95% higher than its 15-day average of 49.26%. In comparison, the Energy Select Sector SPDR ETF (XLE) has an implied volatility of ~17.8%, which is 5.86% lower than the 15-day average of ~18.91%. Assuming that prices
Investing.com – Crude oil prices settled higher Thursday as data showing U.S. crude supplies fell and comments that Saudi Arabia's exports would fall in August renewed expectations for a global shortage in crude supplies.
Investing.com – Gold prices moved off lows Thursday as the dollar came under pressure after President Donald Trump said he was "not happy" about U.S. interest rate hikes, while renewed trade-war tensions pressured other metal prices.
Despite the production surge in June and July, Saudi Arabia announced on Thursday that it expects a reduction in crude exports in August
US crude oil exports fell 28% to 1,461,000 bpd (barrels per day) last week, but rose by 733,000 bpd (101%) YoY (year-over-year) due to the oil export ban being lifted, domestic oil production rising, and the Brent-WTI spread widening.