Interest rates growing in december, commercial wars(CHINA EUROPE), trump efect in: saudi arabia, russians, Iran, venezuela, deep state, FED, are playing in his own interest as PRESIDENT. Trump is the wild card all timeto make wti crude oil even lower than $25 be...
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Cook’s told to take a seat, and this massive, monstrous machine is placed around his face. It’s crude, like a giant box, and it’s got screens in it, half a dozen of them layered on top of each other, and cameras sticking out like whiskers. “You weren’t really wearing it ...
George Milton, who runs a hot sauce business in Austin, Texas, said consumers are frustrated because it isn’t clear to them why many food prices are so high. “Is that price gouging or costs going up for distributors or retailers or farmers? I have no idea,” he said. “Nobody does...
ore and metallurgical coal, and 85 percent of the value of global trade in those materials involves Asia. Within the region, 59 percent of iron ore and metallurgical coal trade flows from Australia to China, the latter accounting for 53 percent of global crude steel production in 2021.13...
The U.S. is now a net exporter of refined petroleum products. in other words, the U.S. net imports crude oil, refines it, and ship the finished products abroad. Good work if you can find it. The U.S. has found it. I am not great fan of the pharmaceutical indus...
is gradually being put at the center of trade payment, first with crude oil, then more widely in general trade. Integration within the banking systems would follow. China is on the verge of delivering gold within formal contracts, unlike the cash-trade West. When the $2000 price level is ...
crude oil, whose $30 billion extraction would ruin this precious Amazonian ecosystem. The thirst for petroleum is so overwhelming that the Bush government is pressuring Ecuadorian president Correa to let us destroy this spectacularly beautiful park even though the oil there would only provide twelve ...
Contango and backwardation are often found in the crude oil futures market, given that the price of this widely used commodity is highly volatile. If investors think the price of oil will rise, contango will kick in. Conversely, if they think it will fall, as in August 2024, backwardation ...
Notably, 2015 offers an interesting example of how all five factors can conspire to send prices to historic lows. At that time, the price of crude oil fell by more than half in under a year, reaching lows that had not been seen since the last global recession.1 At the time, many oil...