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Oil Algorithmic Traders Amplify Crude Price Rout After OPEC’s Surprise
Bloomberg via Yahoo Finance· 12 hours ago(Bloomberg) -- Oil traders that rely on trend-following algorithms compounded a selloff in crude...
OPEC’s Surprise Output Hike Offers Biden Break on Gas Prices
Bloomberg via Yahoo News· 9 hours ago(Bloomberg) -- US President Joe Biden may have just received a timely election boost from an...
Oil Slides to Four-Month Lows as OPEC+ Deepens Bearish Sentiment
Bloomberg via Yahoo Finance· 10 hours ago(Bloomberg) -- Oil fell to the lowest in about four months after OPEC+’s plan to loosen its...
Oil Slumps as OPEC’s Surprise Plan to Raise Output Adds to Gloom
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- Oil tumbled after OPEC+ unexpectedly rolled out a plan to restore some production to...
Base Metals Stage Rapid Retreat as Profit Taking Accelerates
Bloomberg via Yahoo Finance· 6 days ago(Bloomberg) -- Copper extended its retreat from a record, and aluminum dropped from a two-year high,...
Layoffs, Pricing Power Driving S&P 500 Profits to Highest In 16 Years
Bloomberg via Yahoo Finance· 6 days ago(Bloomberg) -- S&P 500 companies are on track to be more profitable than they have been in over a...
Anglo Won’t Extend BHP Deadline, Threatening $49 Billion Bid
Bloomberg via Yahoo Finance· 7 days ago(Bloomberg) -- Anglo American Plc said it won’t give BHP Group any further time to commit to a...
China’s Hog Farmers Enjoy Surge in Profits But Demand Is Still a Problem
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- China’s hog farmers may have turned a corner after a surge in profits last month, but...
Five Key Charts to Watch in Global Commodities This Week
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Despite fears of copper shortages, China is proving that there’s still plenty of the...
European Gas Surges as Norway Fault Exposes Supply Fragility
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- European natural gas prices settled at the highest level this year after flows from...