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Retracement is over 20%! Crude oil has fallen into a bear market

On Wednesday, July 6th, Eastern Time, concerns about a recession topped the list, crude oil futures closed down collectively, and both U.S. oil and...

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...

The latest query on international crude oil futures prices (June 27, 2022)

The latest query on international crude oil futures prices (June 27, 2022) name Price (USD/Barrel) ups and downs Quote change(%) date WTI crude oil 107.06 3.03 2.91 2022/06/27 Brent Crude 108.99 2.79 2.63 2022/06/27

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,...

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...

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...

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...

The difference between WTI crude and Brent crude

Differences between WTI crude and Brent crude: 1.They come from different places WTI crude oil is produced in West Texas, USA;Brent crude oil is produced in...

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...

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...

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...

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