OPEC+ Production Cut Shifts Markets
On the back of unexpected OPEC+ production cuts, Oil and related stocks have gained renewed momentum this week.
Tuesday 04 April 2023
BP (BP-L)
More Companies Ride the Wave of Sanctions
Over the past few weeks, many companies imposed sanctions on Russia in an effort to halt Russia’s military activities in Ukraine. Despite the losses incurred by these companies, on Tuesday, other major names in the field joined the wave of sanctions. How could this affect their stocks?
Wednesday 09 March 2022
Could Oil Hit $100 a Barrel Again?
Oil and Brent Oil both showed gains compared to last week’s prices as of Monday morning, perhaps due to the geopolitical crisis between Russia and Ukraine. Some analysts are raising the possibility of petrol prices peaking above $100 again in response to sanctions and supply constraints.
Monday 28 February 2022
What is Causing a Sharp Oil Selloff?
Oil dropped after the U.S. asked some of the biggest Oil-consuming countries to join it by tapping into stockpiles to manage global energy prices, according to people familiar with the matter.
Thursday 18 November 2021
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