Devika Kumar is an oil markets correspondent for Bloomberg News, specializing in reporting on the global crude market. With a background in journalism and experience at Reuters, Devika provides insights and analysis on oil prices, supply and demand dynamics, and the impact of geopolitical events on the oil industry.
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Devika Kumar's coverage is heavily focused on the oil market, particularly around factors influencing crude oil prices such as OPEC+, US exports, and hedge fund activities. Her articles often include data citations and investment analysis related to the energy sector.
Given her focus on investment analysis and industry-specific content, Devika would likely be receptive to pitches from financial analysts or experts in the energy sector who can provide unique insights into trends affecting crude oil prices, OPEC+ dynamics, or the impact of US exports on global markets.
Pitches tailored to providing data-driven perspectives or analyses regarding key topics like supply-demand dynamics in the oil market could resonate well with Devika's coverage. Additionally, offering unique viewpoints on how geopolitical events are shaping global crude markets may also capture her interest.
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US oil producers pounced on a chance to lock in prices for future sales as rising tensions between Iran and Israel sent crude soaring earlier this month.
Oil extended losses in late trading on easing concerns over tensions in the Middle East.
Investors are protecting against a potential spike in crude prices. Palm oil futures are surging, and traders are warming up to exchange-traded funds for gold against a backdrop of geopolitical uncertainty and interest-rate cuts.
Hedge funds fled bearish bets against Brent crude prices at the fastest pace in nearly eight years as war risks ratcheted up.
Oil edged lower after fluctuating for most of the session as traders wrestled with the potential market effects of Donald Trump’s election win.
Oil traders snapped up bullish bets on US crude futures to protect against the chance that prices could spike toward $100 a barrel if Middle East tensions ratchet up in the days after the US election.
US oil production jumped to a fresh monthly record of 13.4 million barrels a day in August, in what is likely to make OPEC’s decision on whether to return supplies to the market more complicated.
Oil surged for a second day as a report that Iran may be planning a new attack on Israel put traders back on alert for supply disruptions from the Middle East.
Traders who piled into bullish options bets on oil prices at record pace are waking up to a harsh reality: Most of those contracts are now worthless.
Oil edged higher after four sessions of declines as traders weighed falling US crude stockpiles and potential risks to production in the Middle East against underwhelming stimulus measures from China.
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