Search Results for: crude prices

Saudi Arabia and OPEC Reveal Surprise Oil Production Cut; White House Insists Cuts Aren’t Advisable Right Now

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El domingo, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May and continuing until the end of 2023. According to the Saudi Energy Ministry, the move was…

Analysts Suspect Banking Crisis Triggered ‘Resting Bull Market’ in Gold, Silver Could Print Much Higher Gains

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At the start of the week, a troy ounce of .999 fine gold was trading at $1,813 por unidad. Seven days later, gold rose 9.65% contra los estados unidos. dollar to the current spot price of $1,988 per ounce. Gold’s rise comes…

‘Oil Prices North of $200’ per Barrel — Investor Expects Oil to ‘Crush’ Every Investment in 2023

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Amid the dreary global economy, a number of market strategists and analysts believe oil will be the number one investment in 2023. While a barrel of oil is coasting along at prices between $80.12 y $85 por unidad, Goldman Sachs analysts…

Nicolas Maduro Tempts West With an Abundance of Oil and Gas, Venezuelan President Wants Sanctions Lifted

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Amid the economic rumblings across the world and the energy crisis in Europe, Venezuelan president Nicolas Maduro has said his country is ready to step up and help with oil. Despite the fact that Venezuela has the largest supply of crude…

Los economistas estadounidenses están desconcertados por una "situación inusual" ya que el rublo de Rusia es la moneda fiduciaria con mejor rendimiento del mundo

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Dos meses después de que el rublo ruso cayera por debajo del dólar estadounidense. centavo, the transcontinental country’s fiat currency is the best performing currency worldwide. American economists are baffled by the “unusual situation” because a country facing stiff sanctions typically sees its fiat currency…

Predice el Banco Mundial 3% Crecimiento del precio del oro, Experto dice que $ 3K por onza 'es más probable que no'

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The World Bank has said it expects the price of gold to rise by 3% en 2022 but warned the price might fall sharply if the Russian central bank decides to offload large quantities of the commodity. The Russian Factor After…

Data Shows Global Financial Conditions Tightest in 2 Años, Shaky Bond Markets Point to Long-Run Inflation

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At the end of the trading day on Monday, Wall Street was roiled once again as major stocks plunged during the day’s trading sessions. Most news outlets indicate the Russia-Ukraine war is causing the bleak outlook and reports show strained financial…