Oil made headlines for plummeting prices in 2020 due to the impact of COVID-19. Here, we review what happened to oil prices ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
MOSCOW, July 2. /TASS/. Total revenues of 12 OPEC member states from oil supplies decreased by 3.86% last year to $651.99 bln, according to the annual statistical bulletin of the organization. Saudi ...
OPEC's oil output fell in December due to lower supply from Iran and Venezuela, which offset an OPEC+ agreement to raise ...
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Why China Is Driving Short-Term Oil Prices But OPEC Still Holds the Lever
China now drives short-term oil price moves as its opaque import patterns, refinery margins, and strategic stockpiling ...
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