Tag: energy
Analysis: High energy prices could sink U.S. stocks during earnings season
Sky-high oil prices pose yet another obstacle to U.S. corporate earnings, and some on Wall Street are worried this could sink stock prices even...
U.S. Gasoline Demand Increasing, Not Waning
U.S. gasoline demand increased by 5.5 percent on Sunday compared to the previous Sunday and was 11.4 percent higher than the average U.S. demand...
API Reports Biggest Crude Oil Inventory Rise Since February
The American Petroleum Institute (API) reported a build this week for crude oil of 5.607 million barrels, while analysts predicted a draw of 1.433...
WTI vs Brent: Top 5 Differences Between WTI and Brent Crude Oil
Oil is one of the most actively traded commodities in the world, and for good reason. It has the power to slide economies into...
WHY TRADE CRUDE OIL?
Crude oil is the world economy’s primary energy source, making it a very popular commodity to trade. A naturally occurring fossil fuel, it can...
Wall St Week Ahead Cloudy valuations give investors pause in buying beaten-up U.S. stocks
Whipsawing bond yields, surging oil prices and a Federal Reserve bent on squashing the worst inflation in four decades are hampering investors' ability to...
Fed vows unconditional inflation war with ‘whatever it takes’
The Federal Reserve, fresh from its biggest interest rate hike in more than a quarter of a century, signaled on Friday that the rising...
U.S. economy has 40% chance of being in recession next year, Bank of America says
BofA Securities economists see roughly a 40% chance of a U.S. recession next year, with inflation remaining persistently high. They expect U.S. Gross Domestic Product...
Oil wobbles as global economic worries offset tightening supply
Oil prices edged down on Monday, reversing earlier gains, as concerns about slowing global economic growth and fuel demand offset worries about tightening supplies. Brent...
Gas shortage in Europe again!Gas surges 20%, Germany urges energy conservation, Russia: None of my business
European gas prices surged on Thursday after Russia cut supplies to the continent for "technical" reasons. Front-month Dutch gas, the European benchmark, jumped 21.5 per...
First rate hike in seven years!The Swiss National Bank unexpectedly raised interest rates by 50 basis points
The Swiss National Bank raised interest rates for the first time in seven years and said it could not rule out further increases in...
Biggest push since 1994!The Fed raised interest rates by 75 basis points on schedule with a strong commitment to lower inflation
As markets expected, the Federal Reserve raised interest rates the most aggressively in nearly three decades to curb high inflation. On Wednesday June 15th the...