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Oil’s Decline
Despite Uncertainty Ahead, Pound Moves Higher The Pound Sterling continues to move off of the recently struck 20-month trough after it was confirmed that the Prime Minister will ask for the British Parliament to approve her latest Brexit proposal next month. Analysts caution that Theresa May will be fighting the fight of her life in...
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Holiday Trading Can’t Stop Oil’s Decline Even thin trading due to the Thanksgiving holiday weekend in the United States couldn’t prevent oil prices from dropping to 2018 lows on Friday. As of 2:03 p.m. HK/SIN, U.S. WTI futures were down 2.58 percent to $53.22 per barrel. Brent crude futures were down 1.25 percent to $61.82...
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