Tag: profit
Is It a Good Idea to Invest in Oil: Evaluating the Pros and Cons of Investing in Oil
Jennifer -
Investing in oil has long been a topic of interest for individuals seeking to diversify their portfolios and capitalize on the energy sector's potential....
Dollar on track for second monthly loss in row
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Dollar fell in European trade against a basket of major rivals off three-week highs on profit-taking. The dollar is on track for the second monthly...
Major energy companies relied on petrochemicals to drive growth, did the strategy fail?
Jennifer -
Two days ago, major energy companies Exxonmobil and Chevron reported their quarterly results for the second quarter of 2023, showing a steep decline in...
Wall Street opens July’s last session higher
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US stock indices rose on Monday while heading for a monthly profit in July amid speculation the Federal Reserve will end the current cycle...
Oil prices on track for largest monthly profit since 2022
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Oil prices rose in European trade on Monday for the third straight session, hitting a three-month high and on track for the largest monthly...
What happens when the fed raises interest rates: A Complete Overview
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The Federal Reserve (the Fed) plays a crucial role in shaping the United States' monetary policy to achieve economic stability and growth. One of...
What Happens If the Fed Raises Interest Rates: Impact on Economy, Markets, and Consumers
Jennifer -
The Federal Reserve (Fed) plays a crucial role in the United States' monetary policy by setting interest rates to achieve its dual mandate of...
Wall Street closes down, Dow snaps longest winning streak since 1987
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U.S. stocks ended lower on Thursday after news that the Bank of Japan will allow long-term interest rates to rise sent U.S. yields higher,...
How Do I Start Buying and Selling Bitcoins: A Comprehensive Guide
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In this article, we will provide a step-by-step guide on how to start buying and selling bitcoins. By combining my expertise with a focus...
Who Controls OPEC: Understanding the OPEC
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OPEC, the Organization of the Petroleum Exporting Countries, plays a pivotal role in the global oil industry. As a group of major oil-producing nations,...
Who Owns the Rights to North Sea Oil: A Comprehensive Overview
Jennifer -
North Sea oil has played a significant role in shaping the energy landscape of the United Kingdom and neighboring countries. As a valuable natural...
Tesla, Netflix drag down S&P 500, Nasdaq
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The S&P 500 and Nasdaq fell on Thursday, as Tesla (NASDAQ:TSLA) CEO's hints about more price cuts deepened investor concerns, while Netflix (NASDAQ:NFLX) slid...