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2023-09-21T09:59:49+0100
OPEC
Oil prices on course for $100 a barrel?
Oil extended gains again on Monday after US crude, or WTI, climbed to its highest level since November 2022 last week, going over $91 a barrel.
2023-09-18T09:31:19+0100
Oil jumps on supply concerns
WTI futures were up more than 2% with both Brent and US crude trading higher again today. Energy analyst Osama Rizvi shares with IGTV’s Angela Barnes his views on how oil investors should be positioning themselves.
2023-09-01T14:15:50+0100
Look Ahead to 30/08: Germany consumer price index; EIA oil inventories; Prudential, Salesforce earnings
The focus on Wednesday 30 August will be consumer prices in Germany, US ADP employment data and a second estimate of Q2 GDP figures. Investors will be watching EIA crude oil inventories, reports IGTV’s Angela Barnes.
2023-08-29T15:22:49+0100
Look Ahead 11/8/23: UK Q2 GDP; US Michigan Consumer Sentiment; Baker Hughes oil rig count
US producer prices and the latest Michigan consumer sentiment reading will be in focus after data showed US consumer prices rose moderately last month. In the UK, watch cable as we await preliminary Q2 GDP data.
2023-08-10T15:37:37+0100
The dollar weakens ahead of the US CPI
The dollar continues to weaken ahead of the US consumer price index later today. It now trades at its lowest level since May 8 against the euro.
2023-07-12T08:20:55+0100
Early Morning Call: AUD falls after RBA keeps rates on hold
The RBA says it needs more time to assess the impact of past hikes.
2023-07-04T08:12:46+0100
Early Morning Call: oil prices rise after more voluntary cuts following OPEC+ meeting
At this weekend's OPEC+ meeting, members decided to extend the existing production cuts. On top of this deal, Saudi Arabia will make a deep cut to its output.
2023-06-05T08:17:09+0100
Early Morning Call: all eyes on NFP report after US debt ceiling bill passed
The market expects 190,000 job creations for the month of May.
2023-06-02T08:07:38+0100
