#energy commodities

[sataniccapitalist]

US crude drops 2.3%, settling at $52.57, on fresh signs of global economic slowdown

Crude futures tumbled on Tuesday as China posted its weakest economic expansion in nearly three decades and the IMF revised its global growth forecast lower.

[perpetualcontrarian]

Trump orders OPEC to tame gas prices, but analysts blame his Iran sanctions for rising fuel costs

The Trump administration's effort to punish Iran by quickly curtailing its energy exports has undermined its goal of preventing oil prices from rising ahead of midterm elections.

Another trump DUH moment.

[nlvxexchange]

Currency Patterns & Commodities in Trading

Currency Patterns & Commodities in Trading

To be successful in trading forex, one must learn about various currency patterns and their significance. Some of these patterns are the Double Top, Pennant, and Falling Wedge. These patterns have great importance for currency trading and can help you predict future price movements. However, there are many other patterns that can also be very helpful in trading. Falling wedge The fall of a…

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[jingoroandpunchi]

Oil rises 1.1% to nearly 6-month high, settling at $66.30, on Trump's Iran crackdown

Oil prices continued to rally after Washington surprised the market with strict new measures aimed at driving Iran's crude exports to zero.

[backfirealley]

Oil prices fall on mixed supply signals, concern over Russian output hike

Traders weigh signals on global supply and signs that Russia may exit coordinated production cuts by nearly two dozen nations.

PRICE OF GASOLINE SET TO GO THROUGH THE ROOF BEFORE YEAR'S END...

[jermaine-main]

Oil giant Shell has a new plan for cutting carbon footprint: Planting millions of trees

Shell will spend $300 million over the next three years to support reforestation and offset greenhouse gas emissions from its products.

[ademocrat]

Oil climbs to 5-month high amid OPEC cuts, US sanctions and Libya fighting

Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC's ongoing supply cuts.

[newsierising]

US oil rises 2%, briefly breaks above $60 as supply cuts outweigh economic worry

Oil rose on Tuesday as OPEC supply cuts and expectations of lower U.S. inventories outweighed concern about weaker demand due to an economic slowdown.