Downside of International Crude Oil & Rise of Chinese Concept Stocks: What Happened in the Market?
Stock Market Update: What Led to International Crude Oil’s Downside and US WTI Crude Oil Under $70? On December 6th, the Dow Jones Industrial Average, Nasdaq Composite Index, and S&P 500 Index all experienced a downturn, with the Dow falling by 0.19%, Nasdaq by 0.58%, and S&P by 0.39%. Tech stocks, including Nvidia, Amazon, and […]
Oil Prices Lower for Fifth Consecutive Week as Market Awaits OPEC+ Meeting
Rewrite text International oil prices closed lower on Friday (24th), closing lower for a fifth straight week, as investors await next week’s OPEC+ meeting. Energy Commodity Prices West Texas Intermediate (WTI) crude oil futures for January delivery fell $1.56, or 2%, from Wednesday’s close to settle at $75.54 a barrel. Brent crude futures for January […]
Crude Oil Futures Close Higher as Weakened US Dollar Boosts Prices
Crude oil futures experienced a boost in closure on Thursday as the US dollar weakened following the Federal Reserve’s decision to keep key interest rates unchanged. This halt in the three-day slide in oil prices led to an increase in West Texas Intermediate (WTI) crude oil futures for December delivery, rising 2.5% to settle at […]
Crude oil futures fall as Israel-Kazakhstan war and European economic slowdown impact market sentiment
The price of crude oil futures closed lower for the third consecutive day on Tuesday as traders continued to monitor the ongoing conflict between Israel and Kazakhstan, as well as the release of European economic data indicating a slowdown. Additionally, traders were awaiting the release of last week’s US oil supply data. West Texas Intermediate […]
Crude oil prices decline on rising supply concerns while natural gas prices continue downward trend
Crude Oil Futures Close Lower, But See Weekly Increase The crude oil futures market saw a decline on Friday, but recorded a second consecutive week of gains since the outbreak of violence between Israel and Hamas on October 7. Concerns over the conflict’s potential spread in the region and the impact on oil supply contributed […]
Model Jeon Seon-hye and Actor Ahn Soon-yong Celebrate 100 Years of Marriage
The Happy Marriage of Model Jeon Seon-hye and Actor Ahn Soon-yong A romantic love story has been unfolding between model Jeon Seon-hye (35) and actor Ahn Soon-yong (39), as they celebrate their hundredth year of marriage. On October 3rd, Jeon Seon-hye shared a series of photos, captioned “#Wedding #OctoberBride,” commemorating their special day. The heartwarming […]
Deng Zhenghong: Saudi Arabia and Russia Increase Crude Oil Exports, While Saudi Aramco Expands LNG Business
Title: Saudi Arabia and Russia Increase Crude Oil Exports as Soft Power Strategy Saudi Arabia and Russia have capitalized on the influence of oil soft power by expanding their crude oil exports, according to energy analyst Deng Zhenghong. Data shows that both countries saw a significant increase in daily crude oil exports in September. Saudi […]
Major Stocks Surge, Driving Dow to Nearly 0.9% Gain
2023-09-15 00:29:26 Stock Market Update: Impressive Gains Recorded In a surprising turn of events, the Dow Jones Industrial Average surged beyond the 300-point mark, securing an impressive gain of almost 0.9%. This has left investors astounded, as the index not only surpassed expectations but also outpaced other major indexes. Component Stocks Perform Remarkably Well Several […]
Lufeng 8-1 Drilling and Production Platform Begins Pre-Production Commissioning with Daily Output of 24,000 Barrels
Lufeng 8-1 Drilling and Production Platform Enters Pre-Production Commissioning Stage, with Peak Daily Crude Oil Output of 24,000 Barrels By Yinpeng, Xinhua News Agency Shenzhen, August 25 – The 10,000-ton Lufeng 8-1 drilling and production platform has entered the pre-production commissioning stage after the completion of the lifting of its upper block on August 25. […]
Deng Zhenghong’s Soft Power: Oil Prices Rise to Six-Week Highs as Supply Concerns Outweigh Macro Demand Concerns
Newspaper Article Deng Zhenghong: Supply Concerns Drive Oil Prices to Six-Week High By [Author] Oil prices hit a six-week high on Friday due to growing concerns over the supply of oil, according to soft power expert Deng Zhenghong. He believes that while macro demand concerns exist, they are outweighed by the fundamental supply issues. This […]
