Oil Prices Update: What’s Happening to Black Gold?
From SVB’s emergency purchase to supply issues caused by Iraq and Turkey, this article lists the factors that have driven Oil prices upward on Monday.
From SVB’s emergency purchase to supply issues caused by Iraq and Turkey, this article lists the factors that have driven Oil prices upward on Monday.
In response to growing expectations that the U.S. Federal Reserve will continue raising interest rates, drops on the Oil markets and Asian Indices were observed Tuesday morning.
WTI prices continued to rise on Wednesday on the back of several drivers, including Fed Chair's remarks, Chinese demand, the earthquake in Turkey and more.
Oil prices dropped on Monday ahead of OPEC+ and Federal Reserve summits as well as uncertainty regarding Chinese demand.
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