Browsing Tag
Oil
78 posts
Why Are Oil Prices Falling Today? Explained
The anticipation concerning the US Fed interest rate cut has already started to show its potential results. The…
BRICS: How Will Expansion Affect The Oil Market in 2024?
The BRICS alliance grew in numbers in 2023, with multiple nations being invited to join the bloc and…
BRICS Control 47% of Global Oil, U.S. Owns Just 2.1%
Saudi Arabia officially joined the BRICS alliance on Wednesday becoming the first large oil-producing country to enter the…
U.S. Dollar Bounces Back Leading Gold & Oil Prices To Dip
The U.S. dollar remained strong this week rising from a low of 102 to a high of 103.8…
BRICS: China Stockpiling 1.39 Million Barrels of Oil Every Day
BRICS member China is taking undue advantage of lower crude oil prices by stockpiling 1.39 million barrels every…
Sluggish China Economy & Robust Dollar Push Oil Prices Down by 1%
Oil prices saw a 1% decrease earlier this week, influenced by a sluggish economic recovery in China and…
Gold & Oil Prices Continue To Fall as US Dollar Grows Stronger
Oil and gold prices dip as the US dollar is flexing its muscles on the international stage. The…
Oil Prices Dip After U.S. Dollar Strengthens
Oil prices fell on Wednesday after the U.S. dollar staged the biggest rally since March 2023. The U.S.…
Oil Prices To Reach $110 per Barrel as Middle East Conflict Escalates
Commodity traders are betting on ‘Call options’ on Brent Crude claiming that oil prices are on the way…
BRICS: Largest Oil Producer Making Way into China
Saudi Arabian oil company Aramco is looking to expand its footprint in China to strengthen ties between the…