Crude Oil Price Crash on Lockdowns, More Downside is Ahead
The crude oil price fell to the lowest level since May as the widening lockdowns across the European region have dented the oil demand outlook. The price fell almost 9% since the beginning of this month, with futures are currently trading around $37 a barrel while WTI futures dipped to the $34 a barrel level on Monday.
Vaccine Hopes Drive Equities Higher But For How Long ? US Trading Session Update
Essential Insights Asian equities started the week higher amid vaccine hopes along side its US equity counterparts The WHO reported a record single day increase in global covid-19 cases at 308,000 cases An important day in UK parliament as the Internal Market Bill is debated Japan’s Shinzo Abe replacement has…