Column: Oil bulls retreat as economic outlook darkens

Column: Oil bulls retreat as economic outlook darkens

An Oil and Natural Gas Corp’s (ONGC) well is pictured in an oil field on the outskirts of the western city of Ahmedabad, India, February 10, 2016. REUTERS/Amit Dave Register now for FREE unlimited access to Reuters.com Register LONDON, July 4 (Reuters) – Investors continued to liquidate bullish long positions in petroleum last week as … Read more

US-dollar Libor transition enters critical phase for leveraged loan market

US-dollar Libor transition enters critical phase for leveraged loan market

A US dollar note is seen in front of a stock graph in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register NEW YORK, June 30 (Reuters) – The one-year countdown began on Thursday to the end of the publication of the tarnished London Interbank Offer … Read more

Oil steady as concerns over weaker economy offset tight supplies

Oil steady as concerns over weaker economy offset tight supplies

A worker uses a petrol pump at a Brazilian oil company Petrobras gas station in Brasilia, Brazil March 7, 2022. REUTERS/Adriano Machado/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register OPEC, OPEC+ begin two days of policy meetings US inventors down as refiners pick up activity US crude production reaches high since … Read more

Explainer: How a massive options trade by a JP Morgan fund can move markets

Explainer: How a massive options trade by a JP Morgan fund can move markets

A street sign marks Wall Street outside the New York Stock Exchange (NYSE) in New York City, where markets roiled after Russia continues to attack Ukraine, in New York, US, February 24, 2022. REUTERS/Caitlin Ochs Register now for FREE unlimited access to Reuters.com Register NEW YORK, June 28 (Reuters) – A nearly $17 billion JP … Read more

Market positioning suggests more pain for equities despite rout, Bank of America says

Market positioning suggests more pain for equities despite rout, Bank of America says

A trader walks by the New York Stock Exchange (NYSE) in Manhattan, New York City, US, May 19, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register LONDON, June 17 (Reuters) – A market trends indicator by BofA Securities fell to zero for the first time since the pandemic-induced mayhem in financial … Read more

Stocks rally, copper extends fall as investors assessed, recession risk

Stocks rally, copper extends fall as investors assessed, recession risk

US stocks sharply higher early Copper falls again, oil higher Treasury yields edge up NEW YORK, June 24 (Reuters) – Stocks on global markets jumped on Friday, with Wall Street up more than 2% and the MSCI global index set for a weekly gain after three straight weeks of declines, as sliding commodity prices eased … Read more

Column: Wild 2022 in grain markets sparks 2008 comparisons

Column: Oil bulls retreat as economic outlook darkens

Wheat grains are seen at the Farmers Cooperative Exchange during harvesting in Bessie, Oklahoma, US, June 12, 2019. REUTERS/Nick Oxford Register now for FREE unlimited access to Reuters.com Register NAPERVILLE, Ill., June 22 (Reuters) – Chicago wheat prices inked new records this year, trading at levels seen only in 2008. The recent state of the … Read more

Oil rises on market caution over tight supply

Oil rises on market caution over tight supply

Models of oil barrels and a pump jack are displayed in front of a rising stock graph and “$100” in this illustration taken February 24, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Brent rises more than $1/bbl US inventory data delayed by a day this week SINGAPORE, June 21 (Reuters) … Read more