Tag: oil prices
The latest news of international oil prices
The latest news of international oil prices: overnight related data summary Crude Oil Opinion: Oil gains support as Libya almost completely shuts down due to...
Brent oil prices may soar to $150 a barrel
On June 23, local time, according to the US Drilling website, the Bank of America Global Research Center predicted in a new report sent...
How Fed Rate Hikes Affect Oil
Oil prices fell. The Fed raises interest rates to promote the appreciation of the US dollar. Oil is priced in US dollars. If the...
Analysis: High energy prices could sink U.S. stocks during earnings season
Sky-high oil prices pose yet another obstacle to U.S. corporate earnings, and some on Wall Street are worried this could sink stock prices even...
WTI vs Brent: Top 5 Differences Between WTI and Brent Crude Oil
Oil is one of the most actively traded commodities in the world, and for good reason. It has the power to slide economies into...
Types, uses and impacts of crude oil
Crude oil is a liquid fuel source located underground.It is extracted by drilling Wells.Crude oil is used in transportation, petroleum products and plastics. composition: Fifty to...
How to define a world currency?What are the current world currencies?
Which countries are currently the world's currencies? Is the dollar the only real world currency? Is being a reserve currency in IMF Special Drawing Rights the...
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...