Petroleum is the most important commodity in the world as it is still the primary source of energy available to humanity.
The price of oil is quoted in dollars on various markets, below you can follow the trend of the price of oil called Light.
Oil (CRUDE OIL)
Oil (CRUDE OIL), ultimi articoli su Money.it International
Canada increases oil exports as West battles OPEC, prices surge
Lorenzo Bagnato
25 September 2023 - 10:33
For the first time since its onset, the West has an ally in the oil war against Saudi Arabia and Russia.
Russia’s oil strategy backfired: high fuel prices and low international demand
Lorenzo Bagnato
22 September 2023 - 13:46
Russian revenues from oil are declining not because of sanctions but because of a lack in international demand.
Insight: oil rises as investors seek new funds
Money.it
11 September 2023 - 16:32
Chevron and other major U.S. oil companies are higher this week despite declines in the overall market.
How the West is losing the oil war: the Saudi Arabia-Russia alliance
Lorenzo Bagnato
5 September 2023 - 18:17
Saudi Arabia and Russia are acting together to raise oil prices in the West while keeping Russian revenues growing despite sanctions.
Why will OPEC+ do everything it can to drive oil prices up?
Money.it
17 August 2023 - 08:15
For Saudi Arabia, the only reason to stop cutting output to keep prices stable evaporated when it moved away from the US.
Oil prices: is the worst over?
Money.it
9 August 2023 - 10:45
The price of oil is back close to the April highs amid the optimism of stock traders. What emerges from the COT and what to expect from the WTI oil price?
China-Russia, "allies" in oil and coal: record-breaking numbers
Money.it
24 July 2023 - 12:54
China and Russia continue to do business with Russian oil and coal flows to the dragon. New record data demonstrates the strong link between Beijing and Moscow.
Insight: China goes towards leadership in global oil refining
Money.it
11 July 2023 - 12:46
Chinese refiners are building additional capacity, with the total expected to reach 19.7 million barrels per day by 2028.
Insight: India buys Russian oil with Chinese yuan, doubting US dollar dominance
Lorenzo Bagnato
3 July 2023 - 16:50
According to Reuters, Indian refiners started using China’s yuan to buy Russian oil. The US dollar is increasingly under scrutiny.
Insight: what is (really) happening to oil and gas prices
Money.it
21 June 2023 - 11:37
What is really driving oil and gas prices and what is happening to the energy sector? An analysis of the supply/demand dynamics of crucial raw materials for the world.