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Yellen: US inflation ‘unacceptably high’ but recession not inevitable
With the Federal Reserve taking aggressive action to combat stubbornly high inflation, talk of a recession is mounting and U.S. officials have come out...
Fed official: Don’t expect US recession, return to 2% inflation target will take years
On Sunday, Loretta Mester, president of the Cleveland Fed and a vote taker for 2022, said the risk of a U.S. recession is increasing...
What is crude oil?
Crude oil, also known as "black gold", is a liquid or semi-solid combustible material. Like coal and natural gas, it is a non-renewable fossil...
Is crude oil futures or spot?Is there a difference?What say normally fry crude oil and futures distinction in the end where?
Internationally, crude oil investment can be divided into spot investment and futures investment. Futures trading is a form of centralized trading of standardized forward contracts.The...
Differences between EIA and IEA?
The iea is usually referred to as the International Energy Agency.The international energy agency, also known as "the international energy agency, was established in...
What is Brent crude oil?
Brent crude oil is a kind of North Sea crude oil, from the North Atlantic Brent region named, is the intercontinental Exchange in London...
Crude oil prices up and down the influencing factors brief introduction
Oil futures, which trade trillions of dollars a year, rise and fall more sharply than gold or silver.For investors, understanding the factors that affect...
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...
What is the difference between crude oil and petroleum?
Difference between crude oil and petroleum: Oil in a narrow sense refers to crude oil.In a broad sense, oil is a big concept; rude oil is...
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...
Common professional terms in virtual currency transactions
Position: refers to the proportion of actual investment and actual investment funds of investors. Full position: All funds to buy virtual currency. Selling: Selling some of...
What is cryptocurrency?
Cryptocurrency is a type of digital currency created through code.They operate autonomously outside the traditional banking and government systems.Cryptocurrencies use cryptography to secure transactions...