Crude Oil, Natural Gas Soar on European Energy Crisis, Tight Global Supplies
Energy commodities, including crude oil and natural gas, are soaring on Tuesday as shortages in Europe send prices higher. Worries over tightening supplies and lackluster…
Posts Tagged: Hurricane Ida
Crude Rebounds As Markets Weigh China’s Oil Supply Injections
Crude oil futures are rebounding to close out the holiday-shortened trading week. Oil prices had taken a substantial hit after China announced that it would…
Crude Oil Finishes the Session, Month Lower As Hurricane Ida Recovery in Spotlight
Crude oil futures settled the trading session lower on Tuesday as investors monitor the Hurricane Ida recovery. Traders are also keeping an eye on the…
USD/CAD Falls on Easing PPI, Energy Prices Come Into Focus
The Canadian dollar is recording a modest gain against several of its major currency rivals, including the US dollar and the euro. The loonie has…
Oil, Natural Gas Erase Gains As Hurricane Ida Downgraded to Tropical Storm
Crude oil and natural gas futures erased their pre-market gains to kick off the trading week as Hurricane Ida that slammed into the Gulf of…