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Why All Eyes Will Be on the Expiry of Brent Oil Futures This Week

2020-04-30 11:10:00| OGI

The expiry of the June contract for Brent oil futures in Europe will possibly be the most-watched event in oil markets for some time after the WTI plummeted below zero for the first time in history last week.

Tags: this week eyes oil

 

US hog futures surge as meat plants warn of pork shortages

2020-04-28 11:43:00| ThePigSite - Industry News

US lean hog futures rose their daily limit on Monday (27 April) on fears of tightening domestic pork supplies as the coronavirus pandemic forces slowdowns at slaughterhouses, analysts said.

Tags: plants meat futures surge

 
 

China given the green light to start trading hog futures

2020-04-27 14:23:00| ThePigSite - Industry News

China is set to become the second market in the world after the United States to trade live pig futures after the securities regulator said on Friday (24 April) the Dalian Commodity Exchange could launch a contract in the world's top pork producer.

Tags: start china light green

 

Brent Oil Futures Drops 25%, Near Two-decade Lows

2020-04-21 20:30:00| OGI

While that trade was anomalous, the steep decline in Brent and U.S. oil futures expiring in June showed the market remained worried that the overwhelming supply and weak demand will persist for weeks.

Tags: oil drops futures brent

 

US Crude Oil Futures Plunge to 1986 Low on Scant Storage, Weak Demand

2020-04-20 18:00:00| OGI

U.S. crude futures hit a low of $10.01/bbl, the lowest since 1986. Analysts said the sell-off was exaggerated by the contract's imminent expiry.

Tags: low storage oil demand

 

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