Tag: oil prices
Oil Posts Biggest Drop Since Banking Crisis as Traders See Oversupply
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On April 27, affected by the turmoil in the stock market, international oil prices experienced the largest drop since the banking crisis in mid-March,...
Brent vs. WTI: Understanding the Differences in Oil Prices
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Oil prices have always been a crucial component of global economic stability, and the two most important benchmarks used in the oil market are...
Technical Analysis: WTI Crude Oil Price Hits Target
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On April 20th, the latest opinion of analysts at Economies.com today: WTI crude oil prices hit our waiting target of 78.90 and put negative...
Understanding Brent Crude vs. Crude Oil: A Comprehensive Guide
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Crude oil is one of the most vital commodities globally, as it plays a significant role in the world economy. It is used in...
Wti Crude Oil Prices Await Further Falls
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On April 19, Economies.com's analysts' latest opinion today: WTI crude oil prices provided positive trading yesterday, approaching the first key resistance level at $81.70. Today,...
Inflationary Pressures in New Zealand May Weaken Further in the First Quarter
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On April 19, New Zealand's first-quarter CPI data released tomorrow may show that inflationary pressures have weakened further. The Federal Reserve Bank of New Zealand...
Understanding Brent Crude Oil Prices: A Comprehensive Guide
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Crude oil prices have a significant impact on the global economy, and Brent crude oil prices are particularly important because they serve as a...
Weaker Demand Weighs on Oil Prices, but Losses Expected to Be Limited
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On April 18, ANZ said last week's strong employment and inflation data had killed hopes that the Fed would pause its rate hike cycle. Investor...
The Versatility of Brent Crude Oil: A Comprehensive Guide
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Brent crude oil is a vital resource that has a significant impact on the global economy. It is a type of sweet light crude...
What Are WTI and Brent Crude Oil
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Crude oil is one of the most important natural resources in the world. It is a vital source of energy that fuels the global...
U.S. Secretary of Energy: Oil War Reserves Cannot Be Bought and Sold at the Same Time
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On April 13, U.S. Energy Secretary Granholm said on Wednesday that the Biden administration plans to refill the U.S. Strategic Petroleum Reserve (SPR) soon,...
Crude Oil vs Brent: What’s the Difference?
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Crude oil and Brent are two of the most widely traded commodities in the world. They are both used as benchmarks for global oil...