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Technical Analysis: Brent opens higher on July 11

July 11th, Economies analysts' latest views today: After facing negative pressure in the previous trading sessions, Brent crude oil prices closed at 77.75 yesterday...

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,...

Technical analysis: WTI crude oil faces downward pressure on July 10

July 10th, Economies analysts' latest opinion today: WTI crude oil prices encountered resistance at 73.80 and were negatively affected by stochastic indicators, which may...

A Comprehensive Guide to Investing in Oil Rigs

The oil and gas industry plays a significant role in the global economy, and investing in oil rigs can offer lucrative opportunities for investors....

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...

How to Invest in Physical Oil: A Beginner’s Guide

Investing in physical oil can offer unique opportunities for diversification and potential returns. However, it requires a thorough understanding of the market dynamics, supply...

A Guide to Exploring the Factors that Determine How Long Oil Wells Last

Oil wells are a crucial part of our energy industry, providing us with the resources we need to power our homes and businesses. However,...

A Comprehensive Guide to Investing in Oil Drilling

Investing in oil drilling can offer lucrative opportunities for investors looking to diversify their portfolios and capitalize on the energy sector. However, navigating the...

The True Cost of a Barrel of Oil: What You Need to Know

The price of a barrel of oil is a key metric that influences global economies, energy markets, and the daily lives of individuals around...

Fed Minutes: Future decision-making will shift to a more data-dependent approach

On May 25, the minutes of the Federal Reserve's May meeting stated that oil prices fell slightly due to concerns about the global economic...

Won’t Be Surprised by OPEC+ Proposing New Output Cuts in June

On May 24, both oil prices in the United States and Burundi rose by more than 2% on Tuesday. It was reported that Saudi...

How Oil Drives Economic Development Around the World

Oil is one of the most important natural resources in the world, and its impact on economic development cannot be underestimated. It is a...

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