Tag: Oil Prices
-
How the Israel-Hamas conflict will affect oil prices: There will undoubtedly be worries about trade implemented
Going into the upcoming week, oil dealers must deal with a fresh environment. Uncertainty and fear in the markets could cause the price of crude oil to soar as a result of the unexpected outbreak of conflict in Israel following unexpected attacks by Hamas. “The dispute creates a risk of increased oil prices, threats to…
-
Will the Economic Stimulus in China Affect Oil Prices?
During the middle of the 1990s, one of the key factors affecting the cost of oil (and the cost of gas as well, traditionally getting 70% of this from the oil cost) included China’s economic development rate. The ‘super cycle’ in commodities during that decade was caused by the enormous gap between the country’s energy needs to…