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WTI vs. Brent Crude Oil: Understanding the Differences

WTI and Brent are two of the most well-known and widely traded types of crude oil in the world. Both serve as benchmarks for...

Gold Holds Steady as Markets Await Central Bank Rate Decisions

The gold market exhibited relative stability as traders adopted a cautious stance, awaiting the Federal Reserve's monetary policy update and rate decisions from other...

European Stocks Edge Lower as Central Bank Meetings Loom

European stock markets experienced a slight decline on Monday as investors prepared for a week filled with central bank meetings, including the U.S. Federal...

Russia refinery spare capacity rises in July, making it harder to cut exports

July 10 (Reuters) - Russia's primary refinery idle rate will exceed an expected 38 percent in July, according to industry sources and Reuters calculations,...

Who Benefits from Higher Oil Prices? An Overview

The global economy is intricately linked to the price of oil, and fluctuations in oil prices can have far-reaching implications. While higher oil prices...

What is the cost of oil per barrel

The cost of oil per barrel is a crucial economic indicator that affects the price of many goods and services around the world. Crude...

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...

Low international oil prices, economic recession sparked demand concerns

In the past two months, against the backdrop of weakening demand expectations, international crude oil prices have fallen by more than 20%. Analysts said...

On September 13, the gold price of Laiyin Jewelry was quoted at 469 yuan/gram, and the platinum price was quoted at 374 yuan/gram today.

On September 13, 2022, the real gold price of Laiyin Jewelry Gold was 469 yuan/gram, an increase of 2 yuan/gram compared with the previous...

UK economic growth may stagnate next year, gold remains volatile

On September 13 (Tuesday) this trading day, gold continued to fluctuate and fell in intraday trading, and it is now holding above the $1,720/oz...

Japanese carmakers raise car prices due to soaring raw material prices

On September 11, Japanese domestic automakers raised prices one after another due to soaring raw material prices, including some models from brands such as...

Bank of America: Panic fermented, U.S. stocks fled as much as $11 billion in a week

Bank of America strategists said the rising probability of a recession amid numerous risks has sent investors fleeing U.S. stocks. Since mid-August, U.S. stocks have...

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