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Tag: Oil

News

Oil Futures Rise After Recent Losses

Oil futures rose early Thursday after a three-day losing streak caused by concerns about demand from China, rising Treasury yields, and a stronger ...
By fxcoach18th August 20230
Oil falling financial concept and crude price fall symbol as barrels of petroleum going down with a liquid drop icon for declining prices in fossil energy due to oversupply and overproduction market conditions.
News

China OKs US-Led Plan to Unleash Oil Reserves as Global Prices Climb

China has agreed to unload a portion of its oil reserves as part of a US-led plan to cut down global prices. Source: ...
By fxcoach14th January 20220
Oil pump on background of US dollar
News

US Crude Stockpiles Falls by 4.6M Barrels

US commercial crude oil inventories decreased by 4.6 million barrels in the week ending December 10, 2021, compared to the prior week. Source: ...
By fxcoach15th December 20210
Energy crisis. Oil pump nozzle tied in a knot. 3d
News

Brent Oil Plunges Nearly 7% On Concerns Over New Covid-19 Variant

Oil dropped sharply as new COVID-19 strain increased concerns on the outlook for demand, sending global markets spiraling. Futures in New York plunged ...
By fxcoach26th November 20210
a barrel and dollar bills on a white background
News

High Prices to Diminish Rate of Global Oil Demand Recovery Says OPEC

OPEC cut its global oil demand outlook for the last quarter of 2021 as high energy prices hamper the recovery from COVID-19, slowing ...
By fxcoach11th November 20210
Arrows like charts on the screen
Strategies

Forex Hedging Strategy: How to Win in Any Case

Sometimes trading may become challenging due to wrong decisions that may need to cover immediately. It is not charming to see running trades ...
By fxcoach16th September 20210

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