Commodities Oil prices saw a sharp reversal yesterday and fell about 2% on worries that slower economic growth in the US and China could reduce demand for energy, especially after prices surged over 7% during the prior three days. Brent futures fell $1.88, or 2.3%, to settle at $79.55 a barrel,
Mark Pussard
Mark Pussard, Head of Risk, APM Capital Commodities Oil prices eased off a little on Tuesday after five straight winning sessions as supply risks posed by widening Middle Eastern conflict were tempered by demand concerns a day after OPEC cut its forecast for demand growth in 2024. Benchmark Brent crude futures were down $1.32, or […]
Commodities Oil prices jumped by more than 3% on Monday, rising for a fifth consecutive session on expectations of a widening Middle Eastern conflict that could tighten global crude oil supplies. Global benchmark Brent crude futures settled higher at $82.30 a barrel, gaining $2.64, or 3.3%, its biggest percentage gain for a single trading session […]
Mark Pussard, Head of Risk, APM Capital Commodities Oil prices continued their week-long upward momentum on Friday, snapping a four-week losing streak, with Brent crude futures increasing to $79.66 a barrel. Similarly, US West Texas Intermediate (WTI) crude futures prices rose to $76.18 per barrel. Both contracts gained around 3.70% and 4.50%, respectively, this week. […]
Mark Pussard, Head of Risk, APM Capital Commodities Oil futures rose Wednesday, finding support as data showed a fall in U.S. crude inventories and as stock markets continued their recovery from a global rout that had served to pull down commodity prices. West Texas Intermediate crude for September delivery finished with a gain of $2.03, […]
On Monday global stock markets experienced mixed results, with significant gains in some regions and notable losses in others. Overall, European bourses showed strong performance, while Asian markets experienced mixed outcomes with several indices declining. One of the biggest losers on the day was Irish carrier Ryanair which plummeted 17.15 percent after reporting net












