Brent crude oil extended gains above $86.16 per barrel on Monday as global oil investors are projecting that supply will remain tight despite the surge in...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA It’s been a rollercoaster start to the year and as we head into earnings season, it’s...
The increase in Omicron variant cases has cast doubt on demand for crude oil in the near-term and trimmed gains recorded earlier in the week on...
In 2022, global soybean oil prices, driven by an increase in the demand for biofuels, have been projected to rise by about 4 percent, to $1,425...
By Jeffrey Halley, Senior Market Analyst, Asia Pacific, OANDA Federal Reserve Chairman Jerome Powell, testifying at his confirmation hearing on the Hill, soothed markets overnight in...
By Jeffrey Halley, Senior Market Analyst, Asia Pacific, OANDA It was another choppy session overnight in equity and currency markets, followed today, by another cautious Asian...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA It was a fairly timid start to the week but the sell-off accelerated around the open...
The reduced gas supply to the 504 megawatts (MW) Alaoji NIPP power plant in Aba, Abia State has caused the plant to shut down. The low...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA It’s been something of a downbeat day in the markets, something we may see more of...
The ongoing unrest in Kazakhstan and the supply outage in Libya have bolstered global oil prices on Thursday. The deadly violence, across the tightly controlled former...
