After Trump’s latest tweetstorm, I’m honestly worried that the president doesn’t have a basic understanding of how oil and gas prices work.
The post I’m Worried Trump Is Clueless About How Gas Prices Work appeared first on CCN.com
Oil prices are gaining momentum, but the same supply issues that pushed the commodity below $0 still exist despite easing lockdowns.
The post Here’s Why Oil Prices Will Never Recover appeared first on CCN.com
The price of oil is under pressure again, as Syria and Libya join forces to combat Turkish aggression on their soils.
The post Oil Prices Hang in the Balance as Unlikely Alliance Rattles Middle East appeared first on CCN.com
U.S. oil prices plunged below $50 a barrel on Tuesday after the International Energy Agency revised down its forecast for global energy demand.
The post Oil Crash Intensifies Following Dire Warning from Energy Watchdog appeared first on CCN.com
The economic blow back from coronavirus threatens China’s economy and its vast energy consumption. Oil prices are likely headed lower as a result.
The post No Hope for Oil Price Revival as Coronavirus Blunts Chinese Demand appeared first on CCN.com
Crude oil’s descent continued on Monday, as the rapid spread of coronavirus put producers on high alert for a sharp decline in demand.
The post Crude Oil Crashes to 13-Month Low Amid Devastating Supply Shock appeared first on CCN.com
China’s oil consumption has fallen about 20% in the wake of the coronavirus, and there’s no clarity on whether things will get worse before they get better.
The post Oil Stocks Hit With a One-Two Punch of Coronavirus and Sustainability Goals appeared f…
For much of the past 75 years or thereabouts, the status of Saudi Arabia as the world’s undisputed energy hegemon has been taken for granted, with the kingdom exporting roughly 7 million barrels of oil per day, making it by far the world’s largest oil …
Donald Trump sent the oil market into a tailspin Monday with one tweet claiming oil prices are too high and blaming OPEC for it. Is Trump unaware that oil prices are a function of supply and demand? Or is he deliberately shifting the blame off his dest…
The value of Venezuela’s oil-backed cryptocurrency, the petro, is seemingly currently unclear, and even taking a look at official government sources yields inconclusive results, given substantial price differences. The petro, announced in December of 2…
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While think-tanks and central banks increase calls to minimize the amount of physical cash in circulation, many citizens are doing the opposite and stuffing cash under the mattress. We consider this trend and the developing downtrend in the benchmark S&P500 Index. This post is powered by the Bitcoin Trading Network xbt.social – CCN29 and get […]
The post Global Economic Outlook: Ban Cash, Hoard Cash appeared first on CCN: Financial Bitcoin & Cryptocurrency News.