Thursday

17-04-2025 Vol 19

Year: 2025

Canadian Dollar Rises Following ‘Balanced’ Statement from Bank of Canada

The Canadian dollar experienced a slight increase against the U.S. dollar on Wednesday, bolstered by a balanced monetary policy statement…

Limited Interest in the Ship Recycling Market: A Growing Concern

The ship recycling market is experiencing a lack of interest and activity, with buyers remaining cautious amid ongoing economic uncertainties.…

Occidental Petroleum Predicts U.S. Oil Production Will Peak Within the Next Five Years

Occidental Petroleum Corp’s CEO, Vicki Hollub, shared her insight at the CERAWeek conference in Houston, Texas, stating that U.S. oil…

Recession Threat Fuels Growing Market Volatility, According to McGeever Insights

Financial market volatility has surged to its highest level this year, largely attributed to the tumultuous execution of President Donald…

Asian Stocks and Currencies Decline Amid Global Trade Uncertainties

On Wednesday, most Asian stocks and currencies experienced declines, as investors voiced concerns over uncertainties in global trade and fluctuating…

API Reports Increase in U.S. Crude Oil Inventories Last Week

The American Petroleum Institute (API) announced on Tuesday that U.S. crude oil inventories saw an increase of 4.247 million barrels…

The Commodities Update: US Dollar Weakness Offers Support for Market Dynamics

The Commodities Feed: US Dollar Weakness Provides Some Support Energy markets experienced a slight uptick in oil prices, largely bolstered…

Copper Prices Rise as Indicators Show Strengthening Demand in China

Shanghai copper prices showed notable strength on Wednesday, driven by signals of improving demand in China, a key consumer of…

Nigerian Bidder Offers Higher Prices for April Contracts

Traders reported that some Nigerian crude grades saw increased offers for April loading on Tuesday, while the Angolan market remained…

Traders Predict Swift Rate Cuts from Fed Amid Potential Economic Downturn

The Federal Reserve is not expected to reduce interest rates at its upcoming policy meeting next week. However, futures markets…