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...
The Royal Dutch Shell Company has revealed that five Nigerian oil and gas firms are preparing to submit bids for the company’s onshore oilfields. The sale...
By Jeffrey Halley, Senior Market Analyst, Asia Pacific, OANDA Seemingly, the sharp rise in US yields this week has sparked a move from growth to value,...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA An interesting start to the year, with Europe once again posting large gains on Tuesday as...