Tag: crude oil

Crude oil, also known as oil or petroleum, is one of the most common and used commodities of all. Its supply and demand dynamics are thus very important for the markets.

EU plans to end coal imports from Russia
NG
0.27%

EU plans to end coal imports from Russia

This week, the European Commission proposed the fifth package of sanctions against Russia. There is talk of banning coal imports.
Peru resuming oil production?
WTIOIL
-2.02%

Peru resuming oil production?

Peru's government wants to increase oil production in some of its inactive Amazon fields at a time when world oil prices are rising.
Covid fears sent crude oil down
WTIOIL
-2.02%

Covid fears sent crude oil down

Due to the significant Covid spread in Shanghai, fears from possible oil demand disruption sent crude oil to red numbers.
Russia is no longer the number one supplier of oil to China
WTIOIL
-2.02%

Russia is no longer the number one supplier of oil to China

Russia is known around the world as one of the largest oil producers and exporters. But it certainly does not have a monopoly.
Commodities surged after Fed
XAU
0.48%

Commodities surged after Fed

Fed decision brought no surprise for the markets, and mixed signals from Ukraine-Russia peace talks have sent price of commodities up.
Crude oil in the era of extremely high volatility
WTIOIL
-2.02%

Crude oil in the era of extremely high volatility

Over the past 5 days we saw more important statements for crude oil being published than over the period of last year. And consequences are apparent in the price development.
Countries defer about Russian oil restrictions
WTIOIL
-2.02%

Countries defer about Russian oil restrictions

High prices of fuel across Europe and the rest of the world brings question about economic sustainability and possible recession.
Crude oil rollercoaster
WTIOIL
-2.02%

Crude oil rollercoaster

War is here. Russia invaded Ukraine and volatility in the markets is increasing.
WTI is uncertain – waiting for the next move
WTIOIL
-2.02%

WTI is uncertain – waiting for the next move

For the past few weeks, we could see rising tensions at Ukraine-Russia border. Markets are nervous. Volatility is higher than usual. While it seems like there is no winner at this point, the markets are showing otherwise.