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WTI oil rose .6% to shut at $93.06, OPEC manufacturing cuts envisioned.

oil sectormodify volatility by closing a rebound right after the initial decrease when Mr Powell reported it may be necessary to continue on elevating interest premiums for a even though to struggle inflation. This will guide to the financial system slowing down, the labor market place weakening. and impact the home and enterprise sectors Robust […]

International oil prices rise 4% on fears of tightening US and EU sanctions on Russia

Source: Pixar Bay Oil prices rose on news that the European Union (EU) is considering tightening sanctions on Russia. On the 4th (local time) on the New York Mercantile Exchange (NYMEX), the price of West Texas Intermediate (WTI) for May contract finished trading at $103.28 per barrel, up 4.01 dollars (4.03%) from the previous day. […]

Oil prices close below $100 on hopes for Russia-Ukraine negotiations

Source: Pixar Bay [이코노믹리뷰=김보배 기자] International oil prices closed below $100 on hopes for a peace talks between Russia and Ukraine and concerns about a decline in demand from China. On the 15th (local time) on the New York Mercantile Exchange (NYMEX), West Texas Intermediate (WTI) for April delivery closed at $96.44 per barrel, down […]

International oil prices fall by 2% on Russia’s commitment to supply oil

Source: Pixar Bay [이코노믹리뷰=김보배 기자] International oil prices calmed somewhat as Russia announced its will to implement global oil supply. On the New York Mercantile Exchange (NYMEX) on the 10th (local time), the price of West Texas Intermediate Oil (WTI) for April ended at $106.02 per barrel, down $2.68 (2.46%) from the previous day. On […]

[뉴욕증시포커스] U.S., U.K. ban on Russian oil imports… Nasdaq 0.28%↓

The New York Stock Exchange closed lower amid the Ukraine crisis and a surge in international oil prices. source = news [이코노믹리뷰=노성인 기자] New York stocks plunged on news of a US and UK embargo on Russian oil. It is believed that investor sentiment worsened as concerns about an economic slowdown increased due to a […]