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What do the numbers mean on oil

Oil is a vital commodity for the global economy, and its price is closely monitored by investors, governments, and businesses around the world. Understanding...

Bitcoin Spikes after Sharp Drop! The odds of a 100 basis point rate hike surged after U.S. inflation hit 9.1 percent in June

The consumer price Index (CPI) in June was released in the evening of yesterday (13). The annual increase rate reached 9.1%, the biggest increase...

What is brent crude oil used for

Brent crude oil is one of the most widely used benchmarks for pricing crude oil around the world. It is a light, sweet crude...

What is BBL oil

BBL oil, also known as Brent Blend crude oil, is a type of light sweet crude oil that is extracted from the North Sea....

What are oil futures

Oil futures are contracts that allow traders to buy or sell a specified amount of oil at a predetermined price on a specific future...

What is the use of crude oil

Crude oil is a naturally occurring, unrefined petroleum product that is extracted from the ground. It is one of the most valuable natural resources...

What is WTI oil

WTI oil, or West Texas Intermediate oil, is a grade of crude oil that is widely used as a benchmark for oil prices in...

What is brent crude oil

Brent crude oil is a benchmark grade of crude oil that is used to price two-thirds of the world's internationally traded crude oil supplies....

What does wti stand for

WTI stands for West Texas Intermediate, which is a type of crude oil that is produced in the United States. WTI is one of...

What is brent crude

Brent crude is a type of sweet light crude oil that is used as a benchmark for global oil prices. It is produced in...

What is foreign exchange quotation

The "foreign exchange quote" is the "ratio" of two currencies.Say "foreign exchange quotes" and people think of sets of "currency pairs", such as "euro/dollar"...

What is leveraged trading

Leveraged trading is also known as deposit trading.Investors use a small amount of capital to invest several times the original amount, in order to...

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