Tag: oil
A New Round of Oil Price Adjustment Is Approaching, with a High Probability of Refreshing the Largest Increase This Year
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At 24:00 on April 17 (next Monday), the eighth round of price adjustment window for this year will be ushered in. According to industry estimates,...
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...
Which Is the Highest Currency in World
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When it comes to currencies, most people are familiar with the big names like the US dollar, the Euro, and the British pound. However,...
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,...
Market Analysis: Oil Rises on Easing U.S. Inflation
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Oil prices rose on Wednesday, as cooling U.S. inflation data fueled expectations the Federal Reserve was nearing the end of its rate hike cycle...
UNCTAD: Higher Interest Rates Will Cost Developing Countries More Than $800 Billion in Lost Revenue
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On April 13, the United Nations Conference on Trade and Development (UNCTAD) predicted in a report released on the 12th that raising interest rates...
Understanding Brent Oil: What it is and Why it Matters
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Brent crude oil is a type of petroleum that is extracted from the North Sea. It is one of the most important crude oils...
Top 5 Strongest Currencies in the World
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Currencies are essential for global trade and commerce. However, not all currencies are created equal. Some currencies are more valuable and stronger than others....
Revealing the World’s Most Expensive Currency
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Currency is an essential element of the global economy, and some currencies are more valuable than others. The value of a currency can be...
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...
The Value of 1 Gram of 24K Gold: Understanding the Price of Pure Gold
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Gold has been a highly valued commodity throughout history, and its value continues to fluctuate based on a variety of factors such as global...
BlackRock: Fed May Not Need to Raise Rates in May
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On April 11, Rick Rieder, chief investment officer of BlackRock's global fixed income department, said that the Federal Reserve may not need to raise...