Commodities/FX

Commodities/FX

EUR/USD retreats from highs after ECB warning

The Euro has fallen over 200 pips from highs helped lower by a Reuters report suggesting ECB officials were unhappy with the strength of...

Sterling drops as Brexit talks remain in stalemate

Sterling sank against the dollar on Thursday as Barnier said there had been ‘no decisive progress’ in Brexit negotiations. The lack of progress will unnerve...

Oil price rises following decline in inventories

Oil prices have pushed higher after US crude inventories declined by 3.3 million barrels suggesting the supply glut may finally be easing. The Energy Information...
oil

Oil prices sag after Aramco chief warns on lack of investment

Oil prices fell on Monday after Aramco chief Amin Nasser warned that low investment in the industry could lead to a supply shortage. The oil industry...
oil

Brent crude edges up as oil prices remain supressed

The price of oil rose slightly on Thursday but still hovered around seven month lows, as an ongoing supply glut continues to weigh on...
oil

Oil prices recover slightly but remain near 2017 lows

Oil prices moved up from their recent lows on Friday, but excess supply continues to put downward pressure on the market. The price of oil...
holiday spending

Centre-left coalition may be good for sterling, says JP Morgan

Strategists at JP Morgan have today released a note to the media suggesting that a coalition led by Labour may actually cause the pound...
oil

Oil prices jump over 2pc as Russia and Saudi extend cuts

Oil prices jumped over 2 percent on Monday, after Saudi Arabian and Russian oil ministers confirmed their intention to extend supply cuts into 2018. The...
bp

BP inks paper on US$3.2bn of deals in 3 days

BP's deal making sector has been busy putting pen to paper signing up new deals with an investment of almost US$1bn in a partnership...
oil

Oil prices jump as OPEC begin meeting in Vienna

Oil prices jumped over 5 percent on Wednesday morning on hopes that OPEC may agree an output cut at its meeting in Vienna. The 14-country...