Oil prices fall as investors focus on looming Fed rate decisionOil prices are down as investors await the US Federal Reserve meeting to gauge appetite for interest rates hikes and assess rising Russian ...
12 Jun, 2023, 08.13 PM IST
Oil edges lower ahead of Fed meetingOil prices declined due to concerns about China's fuel demand growth and increased crude supply from Russia while investors wait for the Fe...
12 Jun, 2023, 07.53 AM IST
Oil surges to $95 as Ukraine tensions stoke supply concernsThe global benchmark rose 1.3% this week, touching $95 a barrel Friday before paring gains. National Security Advisor Jake Sullivan said Fr...
12 Feb, 2022, 12.23 PM IST
Oil posts biggest week of losses in nine months as Delta variant spreadsThe crude market has now posted seven consecutive days of losses. Numerous nations worldwide are responding to the rising infection rate du...
21 Aug, 2021, 10.43 AM IST
3 reasons why global oil price may never reach the $100 mark again“Brent value should peak out around $80 a barrel as Opec supply will inevitably move higher, given the lure of higher price realisation and...
14 Jul, 2021, 07.43 PM IST
Crude oil prices may slump to $30 level if China devalues yuan: BofAMLBlanch said the scenario wasn’t particularly likely, but wasn’t crazy either.
26 Jun, 2019, 04.53 PM IST
Gold set to soar above $1,300/ounce, says BoAGoldman Sachs has also joined the chorus of bulls, seeing gold at $1,325 in 12 months.
25 Sep, 2018, 10.09 AM IST
Oil at $100 is a possibility next year, Bank of America saysBrent futures, trading near $77 on Thursday, are set to reach $90 in the second quarter of 2019.
11 May, 2018, 10.28 AM IST
You should start paying attention to gold nowThe naysayers may attribute gold's strength to a weaker dollar.
30 Aug, 2017, 08.33 AM IST
OPEC's existence seems to be in dangerAt Bank of America Merril Lynch's (BAML) 2015 global outlook conference on Tuesday, the bank's head of commodities, Francisco Blanch, said ...
10 Dec, 2014, 01.12 PM IST
Falling gold prices to bring down current account deficit, net positive for India: BofA-MLBofA-ML in another report on the precious metal has suggested that gold may fall another $150/oz to $1,200/oz before prices stabilise.
21 Apr, 2013, 04.17 AM IST
- Hedge Funds cut bullish wagers as US Fed signals less stimulus
Money managers lowered net-long positions across 18 US futures and options by 2.8% to 1.1 mn contracts in the week ended April 3.
10 Apr, 2012, 03.28 AM IST
- Commodities holding best bet are gold, copper, crude: Francisco Blanch
Francisco Blanch spoke on the outlook for commodities, weakening dollar and why food prices are going to continue to rise sharply.Ghosts of...
03 Dec, 2009, 04.09 PM IST
Expect heavy inflows into commodities over 10 yrs: Francisco BlanchHe’s considered one of the finest minds in the commodities space, calling the $147.27/bbl record level for crude oil almost to the dot, las...
03 Dec, 2009, 12.41 AM IST
- Oil rises to six-month high near $58 in Asia
Oil prices jumped to near $58 a barrel on Thursday in Asia, extending gains to near six-month highs on investor expectations global economi...
07 May, 2009, 02.50 PM IST
- Merrill Lynch cuts oil forecast to $50
Merrill Lynch & Co cut its 2009 oil price forecast to $50 a barrel from $90 on speculation that Opec is powerless to support the market as ...
28 Nov, 2008, 02.28 AM IST
- Time to decide between food & fuel: Experts
The world must choose between higher energy prices or rising food costs, experts said on Thursday, arguing that the use of farm land to mak...
16 May, 2008, 12.00 AM IST