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Oil Continues to Slide on Supply-Glut Fears
0721 GMT – Oil continues last week’s downwards trajectory as investors assess a looming supply glut and a challenging macroeconomic backdrop, ANZ analysts write. Brent crude falls 0.8% to $60.78 a ...
Oil prices edged lower yesterday with ICE Brent settling 0.9% lower on the day amid concerns over tariffs, with the August 1 deadline fast approaching. While our oil balance indicates that the oil ...
Total U.S. surplus lines direct premiums written (DPW) reached another record level at nearly $130 billion with a year-over-year increase of 12.3%, notching the seventh straight year of double-digit ...
Even though oil prices have climbed more than 1% on Monday after OPEC+ agreed to only a modest increase in production for November, the underlying market surplus is likely to subdue any upside ...
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