Tag: oil prices
Technical Analysis: Brent opens higher on July 11
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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Oil is one of the most important natural resources in the world, and its impact on economic development cannot be underestimated. It is a...