Brent may slip below $60: OPEC+ warning triggers sell-off, says Peter McGuireCrude oil prices tumbled after OPEC+ signaled a looming supply glut, with Brent hovering near $62. Australia-Trading.com CEO Peter McGuire ...
Oversold bounce won’t last, softer oil prices ahead: Peter McGuireOPEC+ announced a fresh output hike, lifting Brent crude prices briefly before experts cautioned against a sustained rally. XM Australia’s ...
Crude softening, Fed cuts could ignite Wall Street rally: Peter McGuirePeter McGuire expects crude prices to soften through 2025, with WTI slipping into the $50s and Brent below $60, aided by higher US producti...
EMs to drive oil demand in H2 2025: Peter McGuirePeter McGuire suggests oil prices are rangebound, influenced by growth in Brazil, China, and India. Despite OPEC+'s unchanged demand foreca...
Israel-Iran conflict causing uncertainty in oil market, jacking up prices: Peter McGuireThe escalating tensions between Israel and Iran are injecting significant uncertainty into the oil market, independent of OPEC's decisions....
Long gold and short crude could be the trades for rest of the year: Peter McGuirePeter McGuire anticipates continued US dollar weakness, benefiting the euro, yen, and pound. He expects bond yields to rise around 4.47% wh...
Oil trade will remain profitable for at least next 30-60 days: Peter McGuire, XM AustraliaOn stronger economic growth, crude price will be going higher from here, XM Australia CEO.
Expect structural weakness in energy markets over next two weeks: Peter McGuire, XM AustraliaYou may see a weakening of Brent and WTI today, says MCGuire
Oil prices jump after Saudi Arabia announces December supply cutUS West Texas Intermediate (WTI) crude futures rose 1.6 per cent to $61.15 per barrel.
Oil's rebound could take a detour in 2016: Morgan StanleyA “number of headwinds in 2016 could serve to work against the progress towards rebalancing that has been made thus far,” warned Longson an...
The recommended Seventh Pay Commission hike will not create a boomSome corporates may gain, but others will lose. If consumer goods sector gains while capital goods loses, the effect on economy will be neg...
- Oil up for 5th day, above $72
Crude oil edged higher on Friday to just above $72 a barrel, on course for its first weekly rise since mid-August, supported by a softer do...
- Oil falls 2 pc to below $44 on economic worries
US oil fell below $44 a barrel, extending the previous session's 1 per cent decline, on worries the ailing US economy would further dent gl...
- OPEC to cut 2 mn barrels in oil output: Saudi minister
OPEC agreed to record cut in oil output of 2 mn barrels a day, Saudi Arabian oil minister Ali al-Nuaimi said. Gainers: BSE ( A, B ) | NSE |...
- Oil falls below $46 to 3-1/2-year low
OPEC may cut production by a significant amount when it meets later this month. Stocks Losers: BSE (A, B), NSE | Sectoral Losers | Stocks 5...
- Oil prices fall as OPEC dampens output cut prospects
Oil prices fell on Monday as recession in Japan stoked fears about weak global demand, and after the OPEC crude cartel talked down a possib...
- Oil prices plummet to $61 despite OPEC output cut
Oil prices plunged to the lowest points for 17 months as recession fears sparked renewed demand concerns. Top 10 oil producers | Reasons to...