Por: MarketWatch Business November 28, 2022
“Thus, we believe oil stocks are especially vulnerable to a further decline in oil prices,” Reynolds wrote in a note to clients. The correlation coefficient between continuous crude-oil futures and the SPDR Energy Select Sector exchange-traded fund , from when crude futures closed at a 23-year low of $11.57 on April 21, 2020, to when the energy ETF (XLE) closed at a then-eight-year high of $92.28 on June 8, 2022, was 0.96, according to a... + full article
CNBC USA Business December 01, 2022
European oil sanctions are due to kick in on December 5. The idea is to reduce oil revenues for Russia given its war in Ukraine.Andrey Rudakov Bloomberg Getty ImagesUpcoming sanctions on Russian oil are set to be really disruptive for energy markets if European nations fail to... + más
OPEC decision could force Europe to cooperate with Putin | Newsweek
OPEC Warns of 'Considerable Uncertainties' Facing Oil Market -- WSJ | MarketWatch
ABC News USA Business November 25, 2022
FRANKFURT, Germany -- Western governments are aiming to cap the price of Russia's oil exports in an attempt to limit the fossil fuel earnings that support Moscow's budget, its military and the invasion of Ukraine. The cap is set to take effect on Dec. 5, the same day... + más
EXPLAINER: What's the effect of Russian oil price cap, ban? | ABC News
EXPLAINER: What's the effect of Russian oil price cap, ban? | WPLG Local 10
ABC News USA World November 25, 2022
Fox Business USA Business November 04, 2022
Rep. Scott Perry, R-Pa., predicts Democrats will 'suffer' a 'crushing defeat' in the November midterm elections. Deliveries of US crude oil to Asia are set to touch a record 1.8 million barrels per day this month, Kpler shipping data showed, as demand climbed... + más
No Need For Russian Crude Price Cap; Markets Will Do It Themselves. | Forbes
U.S. LNG Exports To France, Croatia, Poland Up More Than 1,000% | Forbes
Forbes USA Business October 16, 2022
Getty Images Key Takeaways The Organization of the Petroleum Exporting Countries (OPEC) announced last week that it would cut production of oil by approximately 2 million barrels of oil per day. That’s a reduction in the global supply of about 2%. This announcement had an... + más
OPEC Thumbs Its Nose At President Biden | Forbes
Progressives who back Green New Deal outraged over OPEC oil production cuts | Newsweek
MarketWatch USA Business October 03, 2022
The group will have to “decide how much firepower to deploy to staunch a sum-of-all-fears macro selloff that has caused crude to slide” below pre-Russian invasion of Ukraine levels, wrote Helima Croft, head of global commodity strategy and MENA research at RBC Capital... + más
OPEC+ to consider oil cut of over than 1 million barrels per day | CNN
Forbes USA Business September 30, 2022
The looming EU ban on Russian crude imports, a deepening global economic contraction, and simple logistics costs will dramatically limit Russia’s oil revenues.Russian oil revenues will fall hard as the global economy weakens and the European Union ban on ... [+] Russian crude... + más
EU countries approve energy windfall levies, turn to gas price cap | CNBC
Allies aim for risky Russian oil price cap as winter nears | WPLG Local 10
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