Crude oil

Crude Oil Tops $80 for the First Time Since 2014

Crude Oil Tops $80 for the First Time Since 2014

An increase in vaccinations might be fueling the economy, and its rising activity requires more Crude Oil, prompting a rise in demand. Oil’s price topped $80 on Monday for the first time since 2014. Will this rally endure, or will rising Oil production weigh on the price?

Will Pfizer’s FDA Approval Boost Oil?

Will Pfizer’s FDA Approval Boost Oil?

Oil prices have been oscillating on the coronavirus, the FDA Pfizer vaccine approval, the dollar and an accident on a Mexican oil rig. How will Jackson Hole’s Fed policy meeting impact it, if at all?

Will Oil Prices Continue to Fall?

Will Oil Prices Continue to Fall?

Oil (CL) sank under $63 a barrel today, marking it the lowest drop since May. This fall came on the heels of the Fed signaling it would narrow asset purchases.

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