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OPEC+ Showed Accord to Push Oil Back towards USD100 Mark
News
OPEC+ Showed Accord to Push Oil Back towards USD100 Mark
Apr 03, 2023
As many investors and traders know by now, OPEC+ announced “unexpected” production cuts of more than 1 million barr...
Ruble: Benefitting from Russia’s Return to 4th Place by Gold Reserves but Suffering from Oil Price Cap
News
Ruble: Benefitting from Russia’s Return to 4th Place by Gold Reserves but S...
Feb 06, 2023
At the end of 2022, China became the largest gold and foreign exchange reserves holder in the world for the 17th ti...
Export Plunge and Asia’s Growing Demand will Bolster Crude Oil Price Hike to USD 110/bbl in 2023, According to UBS
News
Export Plunge and Asia’s Growing Demand will Bolster Crude Oil Price Hike t...
Jan 04, 2023
Crude oil prices were on a roller coaster ride in 2022, going north of $130/barrel in March amid geopolitical escal...
Diesel Fuel: Crunch Time Is Coming, Unless Something Changes
News
Diesel Fuel: Crunch Time Is Coming, Unless Something Changes
Oct 26, 2022
After a short pause, Diesel futures trading in New York surged almost back to the highest level in records going ba...
OPEC+ To Cut Production By Two Million Barrels a Day
News
OPEC+ To Cut Production By Two Million Barrels a Day
Oct 06, 2022
OPEC+ announced a much larger-than-expected production cut. The recommendation from the panel of OPEC+ ministers fo...
Growing Divergence Between Global Gas and Oil Price Patterns Hint at Impending Crude Price Spikes
News
Growing Divergence Between Global Gas and Oil Price Patterns Hint at Impend...
Sep 06, 2022
Oil prices rose about 3% on Monday, as OPEC+ members agreed to a small production cut of 100,000 barrels per day to...
All Eyes on Jackson Hole Inception Day News
News
All Eyes on Jackson Hole Inception Day News
Aug 24, 2022
U.S. index futures and European stocks struggled for direction ahead of the Jackson Hole meeting