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Oil/War/Economy

Why are Oil Prices Falling?

"Saudis Instigate Oil-Price Clash With Russia Oil prices crashed to their lowest levels since 2016 after Saudi Arabian state oil giant Aramco said it plans to cut prices, a move more...

How is Coronavirus Affecting Oil Demand?

''Global Oil Demand Shrinks, Hit by Coronavirus, IEA Says Global oil demand is expected to fall in the first three months of the year—the first quarterly drop in more than more...

How is Coronavirus Threatening the Economy?

''Fed chairman: Coronavirus could hurt the global economy Federal Reserve chairman Jerome Powell on Tuesday warned Congress that the coronavirus could hurt the global economy. "We are closely monitoring the more...

How is oil production performing?

''U.S. Oil Production Stays Flat For The First Half Of 2019 Summary EIA 914 came out today and US oil production for June 2019 came in at 12.082 more...

Will oil prices rally in the near future?

"Closely watched indicators in the oil market are boosting confidence that prices can continue to rebound, sparking bullish bets by investors ahead of the summer driving season. Crude prices are more...

Is an economic crisis coming soon?

President Trump may not be troubled by the debt’s effect on the economy because he believes he will be out of office before it becomes a major problem. However, the more...

Where could oil prices go in the near future?

''Oil prices dropped to their lowest level in almost six weeks after government data showed an unexpected increase in U.S. inventories of crude, reigniting worries about oversupply. Light, sweet more...

Could Middle East conflict become a regionwide war, escalating into global involvement?

''A long-standing fear is that open military conflict among the Middle East's dominant players will devolve into a regionwide conflict that drags global powers into war. A series of rocket more...

How has oil been performing in recent months?

''In its closely watched monthly oil-market report issued Thursday, the International Energy Agency said global oil demand should grow by 1.5 million barrels a day, to average 99.3 more...

Have oil prices been on the rise?

''US crude surges more than 2%, settling at $61.63, its best closing price since December 2014 U.S. crude oil prices rise to the highest level in 2½ years, more...

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