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OPEC+ Production Cuts to Impact Central Banks Fight against Inflation
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 дальше »
2023-4-5 20:00
OPEC Unveils Plans to Cut Oil Production Beginning in May
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. дальше »
2023-4-3 12:26
Here’s Why This Expert Thinks The Next Crypto Bearish Trend May Be Near
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. дальше »
2022-10-6 05:44
OPEC to Discuss Blockchain Technology at Upcoming Virtual Workshop
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. дальше »
2020-8-31 17:01
Here’s Why Oil Prices Will Never Recover
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 дальше »
2020-5-6 02:06
OPEC+ Fails to Reach Consensus on Cutting Oil Production, Crude Prices Fall to 2017 Lows
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. дальше »
2020-3-7 17:43
Crude Oil Crashes to 13-Month Low Amid Devastating Supply Shock
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 дальше »
2020-2-11 00:59
Oil Prices in Danger of Crashing Next Year Thanks to Weak Demand
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. дальше »