OIL: The downside bias dominates

USOIL crude prices are down 1.6% at $60. A low was printed earlier at $59.78, which is 22 cents shy of the low recorded...

Oil has reversed 38.2% of its Q4 losses

WTI crude got a boost from the strong US Jobs report, which was accompanied by several other upbeat reports. The jobs report has alleviated some of...

WTI down by 0.9%

Front-month WTI crude prices are down 0.9% at $63.30, earlier printing a one-week low at $63.23. This extends the correction from the 5-month high...

USOIL at $45.30 on bears sovereignty

USOIL WTI futures are down 4.8% at $45.43  further below the 8-month low seen on Tuesday is at $45.79. Investor risk aversion on concerns about global...

No Storm Clouds for safe-haven gold despite recent pullback?

Gold Action: Futures have continued their losing ways, touching fresh one-plus month lows of $1,282.00, and extending their streak of lower daily lows to...

Oil shocks!

It looks like a black Monday as the collapse in oil prices triggered sharp reactions across forex, bond and stock markets. The breakdown in...

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