Crude Oil Inventories Surge, Defying Market Expectations

Crude Oil Inventories Surge, Defying Market Expectations
The Energy Information Administration (EIA) has reported a significant increase in U.S. crude oil inventories, a development that caught market participants by surprise. The latest data reveals an actual increase of 2.969 million barrels in crude oil inventories. This...
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Nothing can harm Eurozone growth (it seems)

Nothing can harm Eurozone growth (it seems)
This PMI report must be music to Europe’s ears. It is the figure most often cited as evidence of the eurozone’s resilience. The eurozone composite PMI came in at 53.1 in September, from 52.0 in August. Despite the latest escalation in the Middle East, surging oil...
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