Oil Steady After Biggest Gain in a Week With Focus on Venezuela


“The bounce looks more like a geopolitical risk premium layered on top of positioning than a real shift in oil fundamentals,” said Charu Chanana, chief investment strategist at Saxo Markets in Singapore, referring to the price gain on Monday. Futures are vulnerable to a swift decline, she added.



Source link

  • Related Posts

    AI Juggernaut Rumbles on Even as Markets Whipsaw

    (Bloomberg) — The artificial intelligence credit juggernaut keeps pushing forward as the relentless demand for exposure to the industry trumps fears that the conflict in the Middle East is causing…

    Manhattan DA’s office to investigate Swalwell sexual assault allegation

    The Manhattan District Attorney’s Office in New York has launched an investigation into a sexual assault allegation against Rep. Eric Swalwell, D-Calif., NBC News confirmed Saturday. Subscribe to read this…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Cameron Diaz to Star in ‘Troop Beverly Hills’ Sequel

    Cameron Diaz to Star in ‘Troop Beverly Hills’ Sequel

    A basic TV sound booster

    A basic TV sound booster

    Grand National 2026: I Am Maximus wins again at Aintree for trainer Willie Mullins, repeating Red Rum feat

    Grand National 2026: I Am Maximus wins again at Aintree for trainer Willie Mullins, repeating Red Rum feat

    Hundreds of New Brunswick local government campaigns get underway

    Hundreds of New Brunswick local government campaigns get underway

    Killing of Masood Masjoody Exposes Deep Rifts in Canada’s Iranian Diaspora

    Takeaways From the First Big Gathering of Potential 2028 Democratic Candidates