The Federal Reserve's decision to hold off on raising interest rates until March has given some relief to the oil markets, with New York-traded West Texas Intermediate (WTI) crude settling up 1.3% at $76.68 per barrel, reducing its weekly loss to 3.8...

Introduction: The U.S. crude inventories have finally fallen after 10 consecutive weeks of builds, according to the Weekly Petroleum Status Report released by the Energy Information Administration (EIA) on March 3, 2023. This is the first crude stoc...

Introduction: Gold prices have been hovering near yearly lows due to ongoing concerns regarding rising US interest rates. The market has been under pressure as investors turn to other assets amidst hawkish signals from the Fed. This article will exp...

Introduction: Oil prices have fallen for the third consecutive day as fears of rising interest rates outweighed a surprise drop in US crude inventories and hopes of Chinese demand. The recent comments by the US Federal Reserve Chair Jerome Powell re...