Tag: oil
Oil falls around 3% as investors eye U.S. Fed rate hikes
Oil prices tumbled around 3% on Wednesday as investors worried that rate hikes by the Federal Reserve could push the U.S. economy into recession,...
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...
U.S. Gasoline Demand Increasing, Not Waning
U.S. gasoline demand increased by 5.5 percent on Sunday compared to the previous Sunday and was 11.4 percent higher than the average U.S. demand...
EIA: US Refining Capacity Sinks To Near Decade Low
Operable refining capacity in the United States hit a nearly decade low in 2022, the EIA’s latest Refining Capacity Report showed on Tuesday. U.S. refining...
The EU Is Considering Capping Gas Prices
Italy’s idea that the EU impose a cap on natural gas prices has emerged as the “only sustainable solution” to soaring energy prices, Italian...
Iran’s Oil Exports Surge In June
Iran’s crude oil exports are estimated to have jumped to an average of 961,000 barrels per day (bpd) between June 1 and June 19,...
API Reports Biggest Crude Oil Inventory Rise Since February
The American Petroleum Institute (API) reported a build this week for crude oil of 5.607 million barrels, while analysts predicted a draw of 1.433...
Biden Calls On Congress To Suspend Federal Gas Tax
U.S. President Joe Biden called on Congress today to suspend the federal gas tax for the next 90 days. “Today, I’m calling on Congress to...
“How to distinguish between gold, K gold and platinum” What is the difference between the three
K gold, gold, platinum , and the three are all rare and precious metals, which can be made into jewelry that people love, and...
brent crude oil price today_brent crude price live in dollars(2022.6.22)
brent crude oil price today_brent crude price live in dollars： Live Brent Oil Dollars price: BRT USD 108.22000 -6.55 -5.7% Updated 16:53:26 Day Low 107.02500 Last Daily 114.76500 Day High 114.76500 Live Brent Oil Price...
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...
WHY TRADE CRUDE OIL?
Crude oil is the world economy’s primary energy source, making it a very popular commodity to trade. A naturally occurring fossil fuel, it can...