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Oil Price - Venezuela’s failed oil-backed cryptocurrency could be the future of money
All it needed to do was issue an oil-backed currency when oil prices were low and redeem it when prices were high. It could do this through a central bank, which would make domestic loans in the ...
Despite claims of economic diveristy, it’s still about oil in Houston
Despite all the talk and effort about diversifying the economy, oil — and oil prices — make Houston go. The industry employs more than 250,000 people, according to Gilmer’s figures, and its impact is ...
Oil Price Fundamental Daily Forecast – API Report Limits Gains, but Surging China Crude Imports, US Sanctions Supportive
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are trading mixed with a slight bias to the downside on Wednesday. Early in the session, prices rose as the U.S. ...
Oil gains as supply factors offset trade tensions
LONDON (Reuters) - Oil prices rose on Friday even as the start of U.S. President Donald Trump’s tariff hike on $200 billion of Chinese goods kept tensions high in the trade dispute between the ...
Global crude oil supply uncertainties to test Brent at $70-$75/b for now: Goldman Sachs
this lack of clarity in oil fundamentals is likely to keep speculative buyers hesitant and oil price volatility elevated, testing the boundaries of our $70-75/b expected Brent trading range,” Goldman ...