Oil price hovers near $94 a barrel
4 days ago
Michael Hewson of CMC Markets said in a market commentary that "rising inventories in the US mean that supply will likely outweigh demand for quite some time to come.
Markets leaden-footed ahead of raft of US news
18 days ago
"The only thing for markets to focus on will be any changes to nuances of the language in the Fed statement on the economy," said Michael Hewson, senior markets analyst at CMC Markets.
Asia markets edge higher on back of Dow gain
69 days ago
"It's been a tepid start to the week after weekend Chinese economic data came in on the weaker side of expectations, while investors absorb the latest Italian downgrade, as well as a surprise dive...
Oil rises as US, China manufacturing improves
110 days ago
"The news just appears to be positive and at this stage consistent with consensus or better on growth in the major economies, particularly in the U.S. and China," said Ric Spooner, chief market...
Oil rises above $96 despite growing stockpiles
114 days ago
However, Michael Hewson of CMC Markets said that "prices could slip back" if crude inventories continue to rise.
Oil falls on US home sales, manufacturing report
116 days ago
Michael Hewson of CMC Markets said in a market commentary that the reports raised "concerns about the US manufacturing sector once again."
Oil price flat on ample supplies, US uncertainty
117 days ago
Concerns about oversupply continue to limit upside progress," Michael Hewson of CMC Markets said in an email commentary.
Oil flat after Europe industrial production falls
124 days ago
has seen Brent and US crude prices remain under pressure," Michael Hewson, senior market analyst at CMC Markets, said in a market commentary.
Oil up on Alcoa results despite Europe joblessness
130 days ago
"The outlook for global commodities is likely to remain uncertain in the next twelve months with low growth hampering demand especially in Europe," Michael Hewson of CMC Markets said in an email...
Oil falls as uncertainty hits energy markets
132 days ago
"Crude oil prices have struggled to react with conviction one way or the other," said Michael Hewson, senior market analyst at CMC Markets in an email commentary.