August 30, 2022
Via: Investing.comOil prices fell Tuesday on fears that an inflation-induced weakening of global economies would soften fuel demand, and as Iraqi crude exports have been unaffected by clashes. Brent crude futures for October settlement fell $2.45, or 2.33%, to $102.64 a […]
March 14, 2022
Via: ABC NewsGermany’s finance minister proposed a “crisis discount” Monday to dampen the impact of recent fuel price hikes due to the war in Ukraine. The fuel subsidy proposed by Finance Minister Christian Lindner could see gas prices cut by more than […]
December 20, 2021
Via: DailyFXIt’s been a month since we last checked in on crude oil prices, when it was observed that “it appears that a potential double top may be forming.” Indeed, a double top played out over the ensuing weeks, but the […]
November 29, 2021
Via: DailyFXIt’s been a big year for crude oil prices. After flopping below zero last April matters have changed quite a bit. Oil prices caught a major last November, on the heels of the election, printing a bullish engulfing pattern as […]
September 22, 2021
Via: Investing.comOil prices climbed more than $1 on Wednesday, extending overnight gains after industry data showed U.S. crude stocks fell more than expected last week after two hurricanes, highlighting tight supply as demand improves. Prices were also supported as some OPEC […]
April 15, 2021
Via: CNBCThe price of oil could plunge to as little as $10 a barrel by 2050 if the world succeeds in electrifying the energy market and meeting Paris Agreement goals, a consultancy said on Thursday. Energy research and consultancy Wood Mackenzie […]
Energy, Finance Tech, Industries, Trading
November 2, 2017
Via: CNBCU.S. crude prices retreated after coming within striking distance of their 2017 high on Wednesday, raising questions about whether a rally that started in June has reached its peak. On the one hand, the trend of future oil prices suggests […]
March 28, 2024
February 27, 2024