Tags » CRUDE Oil Prices

Crude Oil: May be losing the upward momentum

Prices had surged Tuesday, getting a boost from a weaker US dollar that makes dollar-priced oil cheaper for holders of rival currencies. But on Wednesday Oil prices plunged, despite a much bigger-than expected decline in US crude inventories, as slowdown at refineries raised concerns about the strength of demand. 134 more words

Analysis

World stock markets in retreat under pressure from bond rout

The world’s stock markets have taken a battering Thursday, succumbing to the fear that has grabbed bond markets in the last week on the realization that there was little or no room for them to go any higher. 518 more words

Finance

Fed Update

Fed Note

The FOMC meeting ended with little fanfare as theories continued to swirl about surrounding the timing of the Fed’s choice to raise interest rates.   671 more words

Economic News

Weekly Economic Update

Economic Update 4-20-2015

  • Economic results on the week were in keeping with the recent lackluster trend, with weaker-than-expected retail sales and manufacturing.  Inflation came in a bit stronger, but remains flat to slightly negative on a year-over-year basis when energy price declines are considered.
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Economic News

Nigeria: After Tonight

The Buhari government manifesto is wonderfully wistful. But the immediate priorities include tackling the militants in the North East and stabilising the national finances. Grander ambitions can wait. 578 more words

Macro

In 1973, OPEC demonstrated its power to raise oil prices. By its actions, crude oil price quadrupled in less than a year and stabilized around that price level for several months following. 800 more words

Policy