
#CrudeOilRises#
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Oil prices rose almost 2% on 3rd Feb and hovered near their highest levels in about a year, after government data showed U.S. crude stockpiles fell to their lowest since March, while OPEC+ maintained its supply cut agreement.
WTI Crude Oil Update – Volatility Rising Amid Middle East Tensions
Crude Oil (WTI) remains extremely volatile as geopolitical tensions between the United States and Iran continue to escalate. Recent price action pushed WTI toward the $95–$96 zone, driven by supply disruption fears. The biggest catalyst remains the Strait of Hormuz, which handles nearly 20% of globa
Red Sea crisis escalating already disrupted global supply chains
*News: Global Geopolitics* *First, trade wars and then Covid-led restrictions disrupted global supply chains.* • The conflict between Israel and Hamas has intensified and escalated across land and reached the sea level • Initially attacks by Yemen's Iran-aligned Houthi militants targeted only oil sh
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Largest Oil & Gas Companies by revenue in 2024 🛢️
Saudi Aramco established over a decade ago is known for their huge oil reserves and high-tech stuff. They run some of the world's biggest oil fields like Ghawar, which keeps Saudi Arabia and global oil markets steady. Sinopec is China's top energy and chemical company. They cover everything from exp
READ N' GO-Daily News Recap
Good morning traders! This is the official account to find out all the breaking news that may/may not affect your trading decision such as economic policies, political moves, global agendas, and more. BUT first, to start off your day with a bang, here's a recap of the important news we think you sho
Crude oil price forms ascending triangle after Suez success
The Japanese yen weakened against the US dollar after the mixed economic data from the country. According to the statistics bureau, the country's retail sales dropped by 1.5% in February after falling by 2.4% in the previous month. This decline was better than the median estimate of 2.8%. The countr
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