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Monday, 24 September 06:13 (GMT -05:00)



Stock and commodities markets

China declares crude oil war on USA


Beijing is now considering the opportunity to cut down on the export of crude oil from the United States in response to Washington's decision to raise the import duties on Chinese products. The energy war between the USa and China may also affect Russia.

Publication date: 11 September 11:55 AM

Oil Prices Won’t Exceed $75/b, BofA Experts Say

Even if the geopolitical situation is the most favorable for the global oil market, oil prices are still never going to exceed the $75/b threshold again, Bank of America Merrill Lynch (BofA) experts believe.

Publication date: 17 November 11:13 AM

Wall Street Banks Improve Their Oil Forecasts

For the first time in 6 months, Wall Street banks seem to be optimistic about the near future of crude oil, The Wall Street Journal reports.

Publication date: 10 November 07:06 AM

Cryptocurrency Market Cap Goes Above $200 Billion

Last week, the cryptocurrency market capitalization exceeded the $200 billion threshold for the first time in history. According to Coinmarketcap, a resource monitoring 1254 digital currencies on 6400 online exchanges, Bitcoin was the biggest market driver of the market-cap rally. 

Publication date: 10 November 01:12 AM

CME Group Announces Bitcoin Futures

CME Group, the world’s biggest operator of futures exchanges, has announced Bitcoin futures, the world’s first and most popular cryptocurrency to date. The information was first made public by The Financial Times.

Publication date: 10 November 01:08 AM

Bitcoin Sets New All-Time High At 7848 USD/BTC

Bitcoin, the world’s most popular cryptocurrency, has set another all-time high. The developers decided to abandon the idea of Segwit2x protocol. The news pushed the BTC exchange rate all the way up to $7848, Market Leader reports.

Publication date: 09 November 02:11 AM

Who Won from Liberating Syria's Major Oil Field – Russia or the USA?

Not so long ago, international mass media reported about the liberation of Syria’s major oil filed from the terrorists. However, the question is, who actually won from this? Moscow, Washington, or Damask?

Publication date: 31 October 08:23 AM

Don't Dream About Oil Renaissance, Shelin Says

While watching oil prices grow a little bit, oil exporters start hoping that oil prices will recover to the levels the used to be in the past. However, Russian market observer Sergey Shelin thinks that, given the existing state of affairs around the globe, this can only be possible in a dangerous world.

Publication date: 30 October 11:03 AM

U.S. Oil Demand Drops Oil Prices

Oil prices are now going down again after rallying close to 60 dollars per barrels. Again, the prices failed to touch the $60 threshold. Brent oil lost 2,5% in 24 hours. NordFX reports that Brent futures for December delivery were trading around $58,53/b on Wednesday. On Thursday, the price dropped down to $57,03/b, which was the lowest price level since the end of the previous trading week. WTI oil went down in price as well. On Thursday, the price dropped down to 51,74 per barrel.

Publication date: 23 October 03:25 AM

No More Expensive Oil

Many oil-exporting nations have been joining efforts to push oil prices higher. Still, some experts believe that they shouldn’t count on higher oil prices since this is not going to happen.

Publication date: 23 October 02:53 AM

OPEC Urges American Shale Oil Producers to Join Oil Agreement

The OPEC is reported to have offered American shale oil companies to join the Vienna Accord, also known as the OPEC+, which is the agreement designed to cap the production of crude oil and restore the market balance for the sake of higher oil prices in the future. However, some experts say that they won’t agree to do so even if they are threatened.

Publication date: 13 October 05:14 AM
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