Tag: oil price
Us stocks and us bonds rebounded strongly after the Fed raised interest rates by a large margin
In June, the Federal Reserve's FOMC raised interest rates by 75 basis points, the largest increase in nearly three decades since 1994, to levels...
Powell: 75 basis point rate hike won’t be normal The next 50 or 75 basis points may not show signs of a broad-based slowdown
Federal Reserve Chairman Jerome Powell holds a press conference after the Fed's rate-setting meeting on June 15. Powell said inflation led the Fed to raise...
WTI VS BRENT: WHAT ARE THE DIFFERENCES?
Two of the most commonly traded types of crude oil are WTI and Brent. It is worth understanding what the top differences between WTI and Brent...
The Oil Price Rally Shows No Sign Of Slowing
The U.S. national average for gasoline hit $5 per gallon last week, the highest ever. Brent crude is trading at $120 per barrel and...
Oil Climbs Back To Nearly $123
Bearish sentiments on oil demand coming from renewed COVID lockdowns in China that shaved $4 off oil prices early on Monday failed to maintain...
Crude oil likely to remain volatile ahead of US Fed meeting; $110-125 per barrel range eyed
Crude oil and gasoline prices have been a hot topic for almost everyone recently as the basket of crude oil that India buys has...
OPEC Reference Basket (ORB) US Dollars per Barrel:OPEC BASKET PRICE ON JUNE13TH 2022
In June of 2022, the average price of the OPEC basket so far this month is $119.6 per barrel, while the price was $113.94...
Crude Oil Prices Today：BRENT PRICE ON JUNE10TH 2022
Crude Oil Prices Today:The oil price for Brent crude oils in June was $126.41 per barrel while the price was $113.34 per barrel in...
Foreigners pull out of Asian equities for fifth straight month in May
June 2 (Reuters) - Asian equities continued to witness foreign outflows for a fifth consecutive month in May, hit by concerns over monetary tightening...
Energy & Precious Metals – Weekly Review and Outlook
The U.S. job market isn’t giving up easily, meaning its ‘shadow’ — the oil market — won’t either. With neither slowing significantly, good luck...
European Stock Futures Lower; Eurozone CPI Data in Focus
European stock markets are expected to open slightly lower Tuesday, ahead of the release of key regional inflation data which could heighten concerns about...
What is windfall tax on oil companies?
Crude oil price is rising. As the burden on people's pocket is increasing, experts are suggesting one-time 'windfall tax' on companies that have profited from the price rise. What is 'windfall tax'?