Oil

NEWS DESK

Gold Breaks Higher as Oil Slips on Supply Glut — Market Signals Shift: Comments from Vijay Valecha , CIO – Century Financial

News Desk 25/11/2025

US Markets  The S&P 500 extended its strong rebound, rising 1.43% in yesterday’s session, while the Nasdaq gained 2%, supported by a renewed tech-led rally. Optimism around a potential Federal Reserve rate cut continues to support sentiment, with the index currently trading at $6,703 in

NEWS DESK

Oil Falls on Supply Fears; Gold Softens as Fed Cut Odds Shrink: Comments from Vijay Valecha , CIO – Century Financial

News Desk 21/11/2025

 US Markets  The S&P 500 slid in yesterday’s session, down 1.56%, closing at $6,538. The Nasdaq 100 also fell 2.38% in yesterday’s session. Nvidia’s strong Q3 results had at one point led the indices higher, with the S&P 500 up 1.9%, but the rally ultimately cooled as a broader downturn in stocks took place. The […]

NEWS DESK

Gold Climbs as Rate-Cut Hopes Grow; Oil Steady Ahead of EIA Data : Comments from Vijay Valecha , CIO – Century Financial

News Desk 19/11/2025

Crude Oil  WTI crude oil rose by 1.54% to 60.70 in yesterday’s session. In the early Asian session today, WTI is relatively flat around 60.64, holding firm despite the API reporting a 4.4 million-barrel build in U.S. crude inventories. Geopolitics continue to be a positive catalyst, as U.S. sanctions on Rosneft and Lukoil take effect […]

NEWS DESK

Equities Slide on Fed Uncertainty; Oil and Gold Extend Weakness – Comments from Vijay Valecha , CIO – Century Financial

News Desk 18/11/2025

 US Markets  The S&P 500 fell 0.99% in yesterday’s session and is currently trading around $6,641, down another 0.55%. The Nasdaq also declined 0.99% yesterday and is now trading near $24,637, lower by 0.77%, as fear and caution continue to weigh on markets. A bright spot in the market was Alphabet, which rose 3.1% after […]

NEWS DESK

Oil Retreats as Supply Fears Ease; Gold Extends Decline on Fed Caution – Comments from Vijay Valecha , CIO – Century Financial

News Desk 17/11/2025

Crude Oil  WTI closed 2.1% higher on Friday, amid renewed geopolitical tensions, heightening supply concerns. However, it has retreated 0.76% today as supply fears have eased since then. Last week, a Ukrainian strike on the Russian port of Novorossiysk caused damage and temporarily halted operations. However, two tankers were able to dock on Sunday, signaling […]

NEWS DESK

Oil Slips on Rising U.S. Stockpiles; Gold Steadies Ahead of Fed Cues – Comments from Vijay Valecha , CIO – Century Financial

News Desk 06/11/2025

US Markets   After a risk-averse week, markets saw a modest rebound yesterday, with the SPX up 0.37% and the NDX gaining 0.72%. Dip buyers stepped in, supported by upbeat U.S. economic data, giving the market some breathing room. From a fundamental view, the recovery remains fragile but supported. Tech majors like Amazon, Google, Tesla, […]

NEWS DESK

Gold Holds Steady, Oil Slips as Market Volatility Returns – Comments from Vijay Valecha , CIO – Century Financial Services

News Desk 05/11/2025

US Markets   The SPX dropped 1.17% yesterday, marking its biggest decline since October 10. Since reaching its recent high on October 29, the index has fallen 2.18%. The selloff was mainly triggered by Palantir. Despite posting strong earnings, investors grew wary about its frothy valuations,  as the stock trades around 217x forward P/E. Meanwhile, […]

NEWS DESK

Oil Rises as OPEC+ Halts Output Hike and Black Sea Tensions Lift Sentiment – Comments from Vijay Valecha, CIO – Century Financial

News Desk 03/11/2025

US Markets The week ended with a 0.74% gain, driven by stellar Q3 earnings from six of the Magnificent Seven. Sentiment was also lifted by signs of easing U.S.-China trade tensions, with the Nasdaq 100 up 1.9%. From a fundamental standpoint, upbeat earnings reignited AI momentum in the markets. However, the rally cooled slightly last […]

NEWS DESK

Oil Prices Rebound as OPEC Slows Output Hike, Markets Eye Fed Rate Cut and Russia Sanctions : Comments from Century Financial

PR News Desk 09/09/2025

Crude Oil prices experienced fluctuations of about $1 to $2 on Monday but ended up slightly higher by market closing, with WTI indicating a 0.65% gain and Brent showing a 0.86% rise. Tuesday’s Asian session saw a continuation in the recovery of prices with a 0.51% upmove in WTI and a 0.53% upmove in Brent. […]

NEWS DESK

Gold Hits Record $3,508.90 as Fed Cut Bets Rise, Oil Gains on Supply Risks – Comments from Century Financial

PR News Desk 02/09/2025

Following a 0.84% increase yesterday, gold reached a record high of $3,508.90 in early trading today, as expectations of Federal Reserve rate cuts and rising concerns over the central bank’s independence fueled the multi-year rally in precious metals. ETFs added 104,284 ounces of gold to their holdings in the last trading session, bringing this year’s […]

NEWS DESK

Oil fell 5% last week, its biggest drop since June : Comments from Century Financial

PR News Desk 11/08/2025

Oil fell 5% last week, its biggest drop since June, before a meeting between the US and Russian leaders on Friday, which is raising the prospect of an end to the war in Ukraine and more supply. President Donald Trump did not announce new sanctions on Russia or tariffs on its energy buyers during the […]

NEWS DESK

Oil Rallies on Tariff Threats, Gold Slips as Dollar Gains Strength : Comments from Century Financial

PR News Desk 29/07/2025

Crude Oil prices rallied to a weekly high on Monday, with WTI up 2.79% and Brent up 2.89% by close. This was driven as investors digested President Trump’s threat towards Russia. He stated that Russia would be given a new deadline of 10 to 12 days to make progress towards ending the war with Ukraine, […]

Business Energy Oil & Gas

Do you know that these 8 countries control the world’s energy supply?

Arnold Pinto 20/07/2025

As oil superpowers Global oil production remains dominated by a handful of countries, each with significant influence over energy markets, pricing, and international policy. As geopolitical tensions and energy transitions unfold, these nations remain critical to the global energy supply chain. Middle Eastern producers, particularly Saudi Arabia, the UAE, and Iraq, remain

NEWS DESK

Oil Prices Dip Amid Tariff Concerns, but Demand Holds Steady : Comments from Century Financial

PR News Desk 17/07/2025

Oil prices declined by around 2% over the last three sessions after Trump announced that he would send letters to over 150 countries, notifying them of tariff rates ranging from 10% to 15%. Moreover, U.S. government data presented a mixed picture of stockpiles, showing an increase in distillate holdings but a decline in nationwide crude […]

NEWS DESK

UAE Navigates Global Tariff Storm with Oil Stability and Fiscal Strength

PR News Desk 16/07/2025

As global markets brace for a new wave of U.S. tariffs and shifting OPEC+ production strategies, the UAE appears firmly grounded, thanks to strategic oil exemptions, fiscal resilience, and a diversified economy. With President Donald Trump reinstating a hardline trade agenda, a series of sweeping tariffs are scheduled to take effect on August 1. These […]

NEWS DESK

Oil tumbles as Hormuz risk premium evaporates following symbolic retaliation and ceasefire deal- Saxo Bank

PR News Desk 24/06/2025

Since our latest update “Oil market on the edge as Hormuz risk premium builds“, which highlighted the market’s nervous response to President Trump’s decision on Saturday to support Israel in a coordinated strike on Iran’s nuclear facilities, the geopolitical landscape has shifted dramatically—removing in one swift move the supply risk premium that had built

NEWS DESK

Oil Slips on Trade Jitters; Gold Steady Ahead of Key Data : Comments from Century Financial

PR News Desk 11/06/2025

Oil prices eased on Wednesday, following a 1% decline on Tuesday, as markets weighed the results of U.S.-China trade talks, which still await President Donald Trump’s review, against concerns over weak Chinese oil demand and rising OPEC+ output. The recent price pullback reflects a combination of profit-taking and market caution ahead of the official U.S.-China […]

NEWS DESK

Oil Slips on OPEC+ Supply Surge, Gold Gains on Safe-Haven Demand : Comments from Century Financial

PR News Desk 26/05/2025

Crude oil has declined sharply this year amid concerns that Trump’s import tariffs could dent economic growth and curb demand, just as OPEC+ accelerates output increases to protect market share. Oil opened the year near $74.93 and surged to $82.63 by mid-January, only to reverse course sharply, tumbling to $58.40 by April 9. A modest […]

NEWS DESK

Gold Slips on Trade Optimism; Oil Rallies on Tariff Relief : Century Financial

PR News Desk 12/05/2025

Gold:Gold closed in the green on Friday, up 0.6%. However, the rally was short-lived as prices stuck to intraday losses through the Asian session on Monday, and the latest optimism over a US-China trade deal undermined demand for traditional safe-haven assets. The US and China will temporarily lower tariffs on each other’s products, according to […]

NEWS DESK

Oil gains on China import boost, gold hits fresh highs amid trade tensions and rate cut bets – Century Financial

PR News Desk 15/04/2025

WTI crude oil futures rose to around $61.8 per barrel (0.18% rise in WTI and 0.34% rise in Brent) on Tuesday after President Donald Trump hinted at another tariff exemption. On Monday, Trump said he is considering temporary relief from the 25% tariffs on the auto industry to give carmakers time to adjust their supply […]