Oil Prices

How the Israel-Hamas conflict will affect oil prices: There will undoubtedly be worries about trade implemented

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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 … Read more

Will the Economic Stimulus in China Affect Oil Prices?

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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 … Read more