Oil prices

China fuels markets as protests erupt over Covid lockdowns |  CNN Business

China fuels markets as protests erupt over Covid lockdowns | CNN Business

hong kong CNN Business — China’s major stock indexes and its currency opened sharply lower on Monday as widespread protests over the country’s tough Covid-19 restrictions over the weekend rattled investor sentiment. Hong Kong Hang Seng Index (HSI) fell 4.2% in early trading. It has since pared some losses and last traded 2% lower. The …

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bearish

Bearish Sentiment Strengthens Once Again in Oil Markets | OilPrice.com

A combination of rising Covid infections in China, uncertainty over the G7 oil price ceiling and a rise in oil inventories in the United States has driven oil prices lower this week. As oil prices climbed early Friday morning, the rise in bearish sentiment is palpable. Friday, November 25, 2022 With the oil price cap …

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West struggles to set oil price cap that hurts Russia |  CNN Business

West struggles to set oil price cap that hurts Russia | CNN Business

London CNN Business — Ukraine’s allies want to put a price cap on Russian oil. But there’s a problem: they can’t agree on a figure that would put pressure on the Kremlin. The biggest Western economies agreed earlier this year to cap the price of Russia’s most valuable export and pledged to work out the …

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Demand

Why demand destruction is more worrisome than a supply crisis in oil markets | OilPrice.com

It seems that the global economy has been in a state of continuous flux this year. The titles are repetitive to the point of being absurd. This uncertainty translated into high volatility that pushed the fear gauge, VIX, to a 150-day high last month. It still remains high (although down from its recent high), with …

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Wall St.

The Best ETFs to Play Energy Markets Right Now | OilPrice.com

As analysts are busy explaining the impact on oil prices of the November 8 U.S. election, China’s zero COVID policy going forward, inflation, production and inventory figures, funds Exchange-traded funds (ETFs) are a great way to play on high commodity prices amid a global energy crisis and conflict in Europe. Most, but not all, ETFs …

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