Oil Bets News Today

Discussions on may 11 that will confirm the progress that has been achieved. And will being yet another move yet another step in the direction of the final agreement. Germanys finance minister is still skeptical that a deal on greek economic reform can be reached by the may 11 meeting. Bond yields, meanwhile, im resuming their rise. The yield on the two year has risen two percentage points. It is now yielding 22 . Raising one of the issues behind the global bond selloff. Investors are now ponder...

Global markets are looking out for a definitive crude oil price breakout. But modest mid-$80 prices seem about par as a hedge funds fuelled rally stalls.

(Bloomberg) -- Oil fell as traders tracked a worsening Covid-19 outbreak in China and prospects for additional crude releases from government stockpiles. West Texas Intermediate dropped below $99 a barrel in early Asian trade after sinking 13% last week.

Elliott, but what he is referring to is back in 2008 the white house did a similar thing and they hit the line hard and said we will investigate these oil bets, and whether the market speculators or the oil traders are colluding to draw the prices higher, but all that happened is one dutch firm came under investigation and it didnt affect the oil or gas prices whatsoever, and we saw the gas go up to $4.11 on average per gallon and the white house did it three years ago, but it did not change wha...