The impressive late bounce from yesterday’s initial weakness and this morning’s continuous climb in oil prices serve investors with a reminder of the risk that is rooted in the ever-growing tenson in the Middle East...
Outside pressures have been the bane of oil price trading in contemporary times, and having fallen foul of moves in the big brother markets recently, oil regained composure with some micro-drivers of its own...
Happy New Year, All. When the last report of 2023 was published on December 22 the front-month settled at $79.07/bbl. Yesterday the European benchmark closed at $75.89/bbl suggesting a relatively uneventful festive period, but this assumption cannot be further away from the truth.
Copyright © 2025 TP ICAP