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Oil Up Over Big U.S. Crude Supply Draw, Chinese Economy Stabilization Efforts By Investing.com

Oil Up Over Big U.S. Crude Supply Draw, Chinese Economy Stabilization Efforts By Investing.com

© Reuters. By Gina Lee Investing.com – Oil was up Wednesday morning in Asia, holding gains as the latest U.S. crude oil supply data showed a bigger-than-expected draw. Trading volumes are also thinning out as the holiday period approaches. edged up 0.18% to $74.11 by 11:13 PM ET (4:13 AM GMT) and were up 0.37%…

Commodities

With warning for unvaccinated, Biden lays out plan to fight surging Omicron By Reuters

2/2 © Reuters. FILE PHOTO: A woman gets a COVID-19 test during the coronavirus disease pandemic in the Manhattan borough of New York City, New York, U.S., December 17, 2021. REUTERS/Carlo Allegri 2/2 By Steve Holland and Jarrett Renshaw WASHINGTON (Reuters) – U.S. President Joe Biden announced on Tuesday more federal vaccination and testing sites…

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Omicron Spooks Global Markets | Investing.com

Yesterday, equities across the globe took a beating as the financial world became more concerned over the Omicron variant. From Australia, the RBA kicked off the morning by delivering the minutes from the meeting held earlier in December. Another set of economic data for Tuesday, which will be monitored carefully, are the UK’s core and…

Technical Analysis

Volatile Trade Continues | Investing.com

Stock markets are bouncing back on Tuesday despite there being little of note to trigger the sentiment u-turn as whipsaw price action continues ahead of the holiday season. In the same way that we shouldn’t get too carried away with yesterday’s sell-off, which was likely caused by low liquidity and some pre-holiday season risk reduction,…

Fundamental Analysis
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