About this blog This blog post attempts to give a top level summary of the Singapore market goings on to a person who seeks to obtain a directional sense of the market on a daily basis. Disclaimer : All the views are the author’s personal views. These do not constitute an advice to buy or sell any commodity
Read MoreAbout this blog This blog post attempts to give a top level summary of the Singapore market goings on to a person who seeks to obtain a directional sense of the market on a daily basis. Disclaimer : All the views are the author’s personal views. These do not constitute an advice to buy or sell any commodity
Read MoreAbout this blog This blog post attempts to give a top level summary of the Singapore market goings on to a person who seeks to obtain a directional sense of the market on a daily basis. Disclaimer : All the views are the author’s personal views. These do not constitute an advice to buy or sell any commodity
Read MoreCrude Oil Oil was back in rally mode on Thursday, after an early week stumble, as President Joe Biden signed his Covid-19 relief bill into law, sending prices of stocks and commodities ripping on the promise of vaccinations and economic reopening. Brent futures settled at $69.63, up $1.73, or 2.5%. Brent hit an intraday high of $69.66 and was headed for a 0.4% gain on the week. WTI crude settled at $66.02, up $1.58, or…
Read MoreCrude Oil Oil prices rebounded on Wednesday, snapping a two-day slide, as the market looked beyond government data indicating that output was recovering faster than refining after last month’s storm-related outages in Texas. Brent futures settled at $67.90, up 46 cents, or 0.6%. Brent’s intraday low was $66.52. WTI crude settled at $64.44 per barrel, up 38 cents, or 0.7%. WTI earlier hit an intraday low of $63.14. Saudi Arabia’s crude oil exports fell just…
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