Daily market commentary: Brent oil prices hedge up as the confidence in the markets is growing LeapRate

January 18, 2023 BY Steffy Bogdanova

Daily market commentary: Brent oil prices hedge up as the confidence in the markets is growing

European Shares Stock markets opened higher in Europe on Wednesday, following an intense bullish Asian session overnight, while US futures point to a patchy open. Market operators have been taken by surprise after the BoJ surprisingly kept its ultra-low interest rate as well as its bond yield cap unchanged during its latest meeting on Wednesday.…

January 11, 2023 BY Steffy Bogdanova

Daily market commentary: The dominating sentiment in the oil market is bearish

European Shares Stocks edged higher in Europe on Wednesday, extending gains registered by Asian benchmarks overnight, as bullish sentiment stays alive ahead of key macro data. Consumer cyclicals, real estate and energy shares led the way following the opening bell, while industrials and utilities registered slight losses on the old continent, as market sentiment remains…

December 06, 2022 BY Steffy Bogdanova

Daily market commentary: Brent crude oil prices hedge down

European Shares Share markets fluctuated in Europe on Tuesday, following an Asian trading session closing on a mixed tone as positive sentiment from China offset uncertainties linked to the latest batch of US data. Traders continue to welcome the latest developments from China as Beijing continues to shift away from its zero-covid policy following its…

November 29, 2022 BY Steffy Bogdanova

Daily market commentary: Brent oil prices rebound

The prospect of a return to normality, in an economy that is the world’s largest oil importer, was enough to make oil prices jump, in the first significant price rebound of the last two weeks. Ricardo Evangelista – Senior Analyst, ActivTrades Stocks traded mixed but with less volatility in Europe on Friday, read more... Disclaimer:…

November 28, 2022 BY Steffy Bogdanova

Daily market commentary: Oil prices fall, with the barrel of Brent crude down by more than 3%

Against this background, unless OPEC and its allies cut production, or the US decides to replenish its strategic reserves, there may be scope for further weakness in the price of oil. Ricardo Evangelista – Senior Analyst, ActivTrades Stocks traded mixed but with less volatility in Europe on Friday, read more... Disclaimer: opinions are personal to…

November 23, 2022 BY Steffy Bogdanova

Daily market commentary: Brent oil prices hedge higher

Should such plans go ahead, Moscow is likely to react by further restricting exports, in a move that could create scope for further gains in the price of the barrel. Ricardo Evangelista – Senior Analyst, ActivTrades Disclaimer: opinions are personal to the authors and do not reflect the opinions of LeapRate. This is not a…

August 18, 2022 BY Steffy Bogdanova

Daily market commentary: Brent crude oil prices are trading almost flat

Pressure is also lifting from the supply side, with output increases from major producers such as Saudi Arabia and Russia, with the latter finding new buyers in Asia. Against this background, there may be scope for further drops in the price of the barrel. Ricardo Evangelista – Senior Analyst, ActivTrades Disclaimer: opinions are personal to…

August 08, 2022 BY Steffy Bogdanova

Daily market commentary: Brent crude oil prices are rising

European Shares European stocks climbed at the beginning of the trading session on Monday, alongside US futures while Asian shares closed on a mixed tone. Tech and energy shares were among the top performers following the opening bell as investors, pushed by a strong earnings season and the prospect of positive nuclear talks with Iran…

August 03, 2022 BY Steffy Bogdanova

Daily market commentary: Brent oil prices are trading almost flat, after dropping nearly 4% during the two previous sessions

Oil Brent oil prices are trading almost flat this morning, after dropping almost 4% during the two previous sessions. The price of the barrel has been coming under pressure, as fears of a recession grow in Europe and the US, and China’s Covid-zero policy continues to affect activity, creating a scenario that entails a drop…

August 02, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar remains close to the lowest level in weeks

Oil Brent oil prices are falling during early Tuesday trading, continuing the movement initiated during the previous session. The release of disappointing manufacturing data reinforced the view that a recession is looming on the horizon, a scenario that entails a drop in future demand for oil. At the same time, some observers believe that the…

Tag: oil