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Tag: energy market


Energy, Industries

Oil tumbles on inflation woes, Iraq exports

August 30, 2022

Via: Investing.com

Oil 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 […]


Energy, Industries

German finance chief wants measures to curb fuel price hike

March 14, 2022

Via: ABC News

Germany’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 […]


Energy, Industries

Crude Oil Price Forecast: Omicron Fuels Weakness in Energy Markets

December 20, 2021

Via: DailyFX

It’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 […]


Energy, Industries

Crude Oil Price Forecast: WTI Bounces from Big Level – Can it Hold?

November 29, 2021

Via: DailyFX

It’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 […]


Energy, Industries

Oil prices rise on expected U.S. stocks draw

September 22, 2021

Via: Investing.com

Oil 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 […]


Energy, Industries

Oil could plummet to $10 by 2050 if Paris climate goals are achieved, energy consultancy says

April 15, 2021

Via: CNBC

The 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

US crude oil fails to take out 2017 high as a ‘cruel’ month for energy market begins

November 2, 2017

Via: CNBC

U.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 […]