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Tag: Organization of the Petroleum Exporting Countries

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Global Economic Slowdown Fears Send Oil Prices Slipping

In the dynamic world of commodities, trading oil stands as one of the most lucrative and essential activities. As a vital source of energy,...

Oil rallies for second day after Senate votes through debt-ceiling deal, NFPs fuel uptrend

Share: Oil price recovers for the second day after the debt-ceiling bill gets voted through by the US Senate.  The possibility...

ICYMI: Oil – Wall Street Journal says “Tensions are rising between Saudi Arabia & Russia” | Forexlive

The Wall Street Journal (gated) cites unnamed sources for the info:Saudi Arabia, the de facto leader of the Organization of the Petroleum Exporting Countries,...

“Recent Wall Street Journal Report Highlights Increasing Tensions between Saudi Arabia and Russia in the Oil Industry”

The oil industry has always been a complex and volatile market, with various factors influencing the price and supply of crude oil. However, recent...

Oil makes modest recovery as traders digest mixed messages from OPEC+

Share: Oil price recovers after the steep sell-off on Thursday due to mixed messaging from OPEC+ members. Russia’s Novak says production...

Crude trades lower after debt-ceiling talks stall

Share: Oil price reverses gains and marks a decline on Friday after Republicans walked out debt-ceiling talks with President Biden.  The...

OPEC’s adherence to its commitment causes a $2 increase in WTI crude oil prices | Forexlive

The Organization of the Petroleum Exporting Countries (OPEC) has been in the news recently for its adherence to its commitment to cut oil production....

6 Proven Digital Marketing Strategies For Oil And Gas Companies

There have been two massive shifts that have impacted the crude oil and natural gas industry.The rising demand for clean energy supply. The transition to...

Oil Demand Boosts WTI Prices by Over 2%

Oil Demand Boosts WTI Prices by Over 2%The price of West Texas Intermediate (WTI) crude oil rose by over 2% on Monday, June 7th,...

Economist and Political Scientist Refute Claims of US Dollar’s Demise Despite Trend of De-Dollarization News

This year, there has been a flurry of news reports and opinion editorials discussing an alleged de-dollarization trend amid a wave of disclosures...

Saudi Arabia Strengthens Bond With China by Joining SCO Bloc as Dialogue Partner

China’s relationship with Saudi Arabia is growing as the country’s Cabinet has agreed to join the Shanghai Cooperation Organization (SCO). The diplomatic move...

Bitcoin trades above US$28,000, Dogecoin leads gains among top 10 cryptos

Bitcoin, the world’s largest cryptocurrency by market capitalization, recovered to trade above US$28,000 on Tuesday afternoon in Asia. Ether and most other top 10...

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