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Iran’s unprecedented attack on Israel over the weekend has ratcheted up tensions in the oil-rich Middle East yet again, threatening to send fuel prices skyward if the conflict escalates and ...
Oil prices will fall to an average of $65 per barrel in 2025 amid an oversupply of crude and a backdrop of slowing demand as countries shift toward cleaner energies and forms of transportation ...
Oil prices rise during economic growth periods (higher energy demand), while gold becomes more valuable during tough times. The period from 2020 to 2024 shows this pattern clearly.
The next move for oil and gas prices could fall under a 'good', 'bad', or 'ugly' scenario, according to BofA Research strategists.
Soybean Oil: CBOT: XCBT: 60,000 lb BO/ZL (Electronic) Soybean Oil: DCE XDCE: 10 metric tons y Wheat CBOT: XCBT: 5000 bu W/ZW (Electronic) Wheat EURONEXT 50 tons EBM UK Feed Wheat ICE: IEPA: 100 metric tons T Milk CME: XCME: 200,000 lbs DC Cocoa ICE: IEPA: 10 metric tons CC Cocoa (London) ICE: IEPA: 10 metric tons C Coffee C: ICE: IEPA: 37,500 ...
Saudi Arabia is the leading member of Opec, a cartel of 12 oil-producing nations which has a remit to "work together to ensure stable oil prices". The price of crude fell by 1% after Trump spoke.
Outside of commodity trading, Ruggles is an accomplished engineer in petroleum refining and renewable energy. He was responsible for re-engineering the Trainer Refinery to increase its yields of kerosene to be the highest jet-fuel yielding refinery in the world with double the jet producing capacity compared to typical refineries [ 44 ] with a ...
After Thanksgiving, lower U.S. oil inventories, good economic news in the United States and good news relating to the Greek bailout helped push Brent crude up to $111.04, and benchmark oil for January delivery to $87.92; benchmark oil reached $86.24 on November 28, and gas was $3.41.