Tag: oil
Investing in Oil Futures: A Complete Guide for Beginners
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If you’re new to the world of investing and looking to diversify your portfolio, oil futures can be a great option. However, with a...
Multiple Factors Including Dollar Strength Weigh on Canadian Dollar
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USD/CAD edged higher in Asian trade amid a firmer greenback. Meanwhile, oil prices fell and Bank of Canada Governor Macklem gave no support for...
A Guide to Investing in Oil: Tips & Strategies
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With its significant role in global energy consumption, oil remains a prominent investment opportunity for individuals looking to diversify their portfolio and potentially capitalize...
A Full Guide to Understanding the KMI 30 Index
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The Karachi Stock Exchange (KSE) is the largest stock exchange in Pakistan. The KMI 30 Index is a free-float market capitalization weighted index that...
A Beginner’s Guide to Investing in Oil Commodities
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As the world's primary source of energy, oil is one of the most valuable commodities in the global market. For investors looking to diversify...
A Beginner’s Guide to Investing in Oil Wells
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Investing in oil wells can be an attractive opportunity for investors looking to diversify their portfolio and potentially earn significant returns. However, it is...
U.S. Plans to Buy Back 3 Million Barrels of Oil to Replenish War Reserves
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The United States is preparing to buy up to 3 million barrels of sour crude to begin replenishing its soon-to-deplete strategic oil reserve, according...
U.S. Seeks to Buy Back Oil in June to Fill War Reserves
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On May 12, local time, on Thursday, U.S. Energy Secretary Granholm said at the hearing of the U.S. House of Representatives, "The 26 million...
Nigeria’s Oil Production Falls Below 1 Million BPD in April
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On May 12, the data released by the Nigerian oil regulator on Thursday showed that the country's oil production fell below 1 million barrels...
U.S. Core Inflation Stickiness Remains Prominent
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On May 11, CICC pointed out that the U.S. CPI data released yesterday showed strong stickiness, but the April inflation data will support the...
Oil Prices Recover as Biden Administration Plans to Buy Back Oil Later This Year
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On May 10, the Biden administration plans to start buying oil to replenish the Strategic Petroleum Reserve (SPR) after repairs are completed later this...
Swiss Franc vs. US Dollar: Which Currency Is Stronger
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When it comes to global currencies, two of the strongest contenders are the Swiss franc (CHF) and the United States dollar (USD). Both currencies...