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The U.S. National Debt Broke a Record Again, Topping $34 Trillion.
Jan 08, 2024
It took only 3 months to reach new highs. Back in June 2023, Joe Biden suspended the national debt limit until Janu...
New Israeli-Hamas Events Point to Increasing Chances of Further Oil Price Spikes
Oct 18, 2023
Tension escalated in the Middle East after hundreds were killed in a blast at a Gaza hospital, sparking concerns ab...
HAMAS-Israeli War Oil Impact: ‘There is Definitely Going to Be a Fear Trade Put in Place’
Oct 09, 2023
Markets are braced for a continuous ascension of oil prices after Hamas launched a deadly terrorist attack on Israe...
WTI Crude Oil Hits its 10-months High on OPEC+’s Decision to Extend Production Cuts
Sep 06, 2023
U.S. oil futures settled Tuesday at their highest level since November, propped up by news that Saudi Arabia and Ru...
With Oil Prices Being Cool So Far on Quota Reductions, OPEC+ Producers Weigh More Production Cuts
Jun 05, 2023
Oil prices have finally tilted towards a more consecutive growth after Sunday’s OPEC+ decision: currently frontal m...
DXY Dollar Index Little Changed Despite Stalling Talks about Debt Ceiling Increase
May 10, 2023
The DXY Dollar Index Spot is trading nearly unchanged today at 101.72, seemingly ignoring the latest news about sta...
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...
Crude Gets Unexpected Boost from Iraqi Kurdistan-Turkey Pipeline’s Shutdown
Mar 28, 2023
Despite grim forecasts, crude oil pushed higher overnight as sentiment was given a boost by the rescue of SVB Finan...
Export Plunge and Asia’s Growing Demand will Bolster Crude Oil Price Hike to USD 110/bbl in 2023, According to UBS
Jan 04, 2023
Crude oil prices were on a roller coaster ride in 2022, going north of $130/barrel in March amid geopolitical escal...
Russian Oil Companies Forced to Increase Oil Refinery in Response to Oil Price Cap
Dec 22, 2022
The prices of oil of both main blends – U.S. WTI and ICE’s Brent – have been hovering within rather ample ranges of...
Biden’s CHIPS Act Prompts to Take a More Detailed Look at Semiconductor Stocks and ETFs
Dec 01, 2022
The iShares Semiconductor ETF (SOXX), an exchange-traded fund holding 30 hot semiconductor stocks.
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...
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