2020-2-11 00:59 |
Crude oil's descent continued on Monday, as the rapid spread of coronavirus put producers on high alert for a sharp decline in demand. The post Crude Oil Crashes to 13-Month Low Amid Devastating Supply Shock appeared first on CCN.com origin »
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PetroChina bought 1 million barrels of crude oil settled in e-CNY at the Shanghai Petroleum and Natural Gas Exchange.
2023-10-23 17:17 | |
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Bloomberg’s Mike McGlone bets on Bitcoin price versus crude oil this decade
2022-5-25 20:18 | |
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Read how Crude Oil grade futures contracts from CME Group are helping participants manage arbitrage risk between evolving US and global markets.
2020-5-22 18:00 | |
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This is why the Dow Jones Industrial Average (DJIA) and crude oil prices rallied aggressively on Wednesday after two days of ugly losses. The post This Is Why the Dow Jones & Crude Oil Surged So Aggressively Today appeared first on CCN.com
2020-4-23 22:49 | |
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Crude oil's volatile ride continued on Wednesday, as prices peaked at new 52-week highs before crashing again. The post Oil Prices Swing Wildly as Trump’s Sanctions Threat Against Iraq Likely to Backfire appeared first on CCN.com
2020-1-9 20:14 | |
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Venezuela to back its Petro with 30 million barrels of crude oil instead of 5 billion barrels as initially planned
2019-11-22 19:05 | |
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The 53 billion barrels of crude oil reserves that Iran has revealed would comprise about 3% of the current proven reserves in the world. More oil in the world means lower prices. Saudi Aramco’s profits have been falling with declining prices.
2019-11-12 13:53 | |
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Oil prices were flying high when the year began. OPEC and its allies decided to reduce their output to the tune of 1. 2 million barrels per day for the first six months of 2019. Consequently, the international benchmark Brent crude oil touched nearly $75 per barrel by the third week of April.
2019-10-23 19:31 | |
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The VanEck-SolidX Bitcoin ETF proposal was withdrawn—again—from the SEC’s consideration prior to an October decision. Primer on VanEck-SolidX Bitcoin Shares VanEck-SolidX first submitted its proposal to list and trade shares of the “VanEck SolidX Bitcoin Trust” under commodity-based trust rules with the Securities Exchange Commission.
2019-9-18 03:50 | |
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Bitcoin was trading in negative territory on Tuesday as attacks on Saudi Arabia’s crude oil processing facilities weighed on the global economy. The benchmark cryptocurrency dwindled by $74.
2019-9-17 16:00 | |
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The weekend drone attack on Saudi Arabia’s oil production facilities has slashed global oil supplies by five percent, temporarily sending the price of Brent crude up twenty percent. The attack also prompted a one percent rise in the price of gold.
2019-9-16 18:11 | |
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The warning by President Donald Trump that the U. S. is “locked and loaded” ready to attack Iran over suspicion that it was behind the drone attacks on refineries in Saudi Arabia not only sent crude oil prices surging but also saw upstream stocks climbing.
2019-9-17 15:13 | |
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Coinspeaker Drone Attacks On Saudi Oil Facilities Push Prices Up Depleting Global Reserves by 5%Global prices of crude oil have jumped shortly after major Saudi oil processing plants took several hits from drone attacks.
2019-9-16 11:36 | |
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Sinochem Energy Technology is reportedly discussing building a blockchain platform for the oil sector with Shell and Macquarie
2019-9-7 21:40 | |
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Bitfinex shareholder Zhao Dong claims Tether will release a version of its stablecoin pegged to commodities such as gold, crude oil and rubber
2019-9-4 11:24 | |
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The Dow Jones surged as much as 152 points on Friday, only to careen lower following a US dollar spike and a major sell-off in crude oil. Dow Jones Reverses as Oil Prices & Sentiment Plummet As of 12:30 pm ET, the Dow Jones Industrial Average had gained 37.
2019-8-31 19:33 | |
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By CCN Markets: The Dow Jones bounced over 1% on Wednesday, and not even an epic Trump rant was enough to spoil the stock market's party. Wall Street enjoyed stellar retail figures from Target and Lowe's, alongside robust new home sales data and demand for crude oil.
2019-8-21 19:16 | |
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Stock market sentiment brightened as the Dow Jones moved 292 points (1. 13%) higher on Thursday, raising the DJIA to 26,299 . Wherever you look, risky assets are rallying. Crude oil is up more than 3.
2019-8-9 19:47 | |
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Tamas Blummer and Turr Demeester spoke about the future path of Bitcoin. Demeester compared the progress to that of the crude oil/petroleum transition of the 1860s. The entire blockchain of Bitcoin is based on a decentralized ledger, secured by the miners that support the network by validating via their system. The miners that validate the […]
2019-5-31 18:14 | |
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The crypto market has experienced different highs and lows this year, however it still keeps surprising critics. Bitcoin, has also had an exciting year and as the world’s largest cryptocurrency, it always manages to gain attention.
2019-5-14 02:15 | |
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The asset that legendary investor Warren Buffett once called a “rat poison” is looking like nectar in 2019. Bitcoin, a global money system currency, surged up to 53 percent in a much-needed bullish recovery session.
2019-5-7 15:15 | |
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Is the proverbial winter over for Bitcoin just yet? Well, it’s too early to draw a conclusion even for the most hardcore Bitcoin bull out there. However, based on some newly available cold, hard data, it appears the world’s leading cryptocurrency is outmaneuvering pretty much any other rallying asset class — be it crude oil, […] Bitcoin Is the Best Performing Major Asset Class so Far in 2019 was originally found on Cryptocurrency News | Tech, Privacy, Bitcoin & Blockchain | Blokt.
2019-5-7 13:59 | |
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Bitcoin [BTC], the world’s largest cryptocurrency, has had an exciting new year as a rise in its prices proved its naysayers and critics wrong. The latest report compiled by Binance Research gave more evidence to support this fact, with numbers suggesting that Bitcoin has outperformed most traditional asset classes in 2019.
2019-5-7 11:30 | |
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By CCN: The Dow and broader U. S. stock market drifted lower Wednesday, pressured by a sharp decline in energy shares after government data showed a surprise build-up in commercial crude inventories.
2019-4-25 21:50 | |
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Brian Beamish is a professional trader, educator, and market commentator. He has over thirty years of direct experience as a trader, industry worker, and advisor. He has held licenses to advise on stocks, commodities, derivatives, and retirement planning and holds the designation of Fellow of the Canadian Securities Institute.
2019-4-11 15:00 | |
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Donald Trump has been doing his best to wage war on the rising oil price, but the president is struggling with the fact that strong US growth is a natural boost to crude. However, there is another thorn in his side – Saudi Arabia-led OPEC, who have been keen to limit supply.
2019-4-9 17:45 | |
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Donald Trump is ramping up his attack on oil prices as US crude hit a 5-month high today. While up to now the US president has been focused on denouncing high energy costs via Twitter, it appears he now is looking to do more than merely bash OPEC online.
2019-4-6 00:45 | |
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Cryptocurrency markets are experiencing mixed signals, with some of major coins reporting minor gains
2019-3-15 23:59 | |
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ING Banking Group Expands Blockchain Usability With Its Komgo And Bakkt Initiatives The Dutch banking group ING is moving towards blockchain technology in 2019. ING aims at expanding programs related to trade and commodity finance related to energy, crude oil, soybeans and other metals.
2018-12-28 20:38 | |
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VAKT, a blockchain-based consortium formed by leading oil and energy sector companies announced the launch of its commodity post-trade management platform through a press release dated November 29, 2018.
2018-12-2 05:00 | |
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Shell and BP are now using a blockchain-based trading platform for crude oil, which they hope will solve trade and settlement inefficiencies. Shell & BP Hope Blockchain Will Solve Inefficiencies Vakt is first to market of several pilot schemes which have been in development, which Bitcoinist reported on back in January 2018.
2018-12-1 04:00 | |
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CoinSpeaker Meet Vakt, First Blockchain-based Platform to Finalize Crude Oil Deals At the helm of an international oil consortium, Shell and BP set up a live blockchain-based platform to secure effective post-trade processes.
2018-11-30 22:53 | |
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Investing in cryptocurrencies is more like buying a commodity like silver or crude oil than buying stock in a… The post 3 Underrated Cryptocurrencies Under 50 Cents appeared first on Invest In Blockchain.
2018-8-13 06:14 | |
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EverMarkets proposes to offer a trading platform aimed at revolutionizing global derivatives markets. EverMarkets is developing the EverMarkets Exchange (EMX), based on this platform, which will offer futures contracts which give price exposure to underlying assets as varied as crude oil, gold, stock indices, or bitcoin.
2018-7-4 20:23 | |
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Coinspeaker OPEC+ Production Cuts to Impact Central Banks Fight against Inflation Reducing oil production means there will be a relative shortage in the supply of the product. OPEC+ Production Cuts to Impact Central Banks Fight against Inflation
Coinspeaker OPEC Unveils Plans to Cut Oil Production Beginning in May While Saudi Arabia said its cut is a precautionary measure that is aimed at supporting the stability of the market, experts are positive that many OPEC nations do not want to relive the crash that followed the 2008 crisis.
The past few months have brought a rollercoaster experience for the prices of cryptocurrencies. The crypto market has been hovering due to the impact of macro factors. But the past 24 hours created a new move of strength in the market.
Coinspeaker OPEC to Discuss Blockchain Technology at Upcoming Virtual WorkshopThe plausible move by OPEC to consider the integration of blockchain to bolster its supply chain is a use case of the technology with enough precedents.
Oil prices are gaining momentum, but the same supply issues that pushed the commodity below $0 still exist despite easing lockdowns. The post Here’s Why Oil Prices Will Never Recover appeared first on CCN.com
Coinspeaker OPEC+ Fails to Reach Consensus on Cutting Oil Production, Crude Prices Fall to 2017 LowsAs crude prices went tumbling down, OPEC and non-OPEC members met on Friday for discussing the cutdown on oil production to control the price.