Commodities

Oil Tumbled as U.S. and Allies Ready to Sell a Record Amount from Strategic Reserve

 Commodities

Oil prices tumbled on Thursday on the news that the Biden Administration is considering releasing up to 180 million barrels from its petroleum reserve (SPR), close to a one-time maximum in nearly 50 years of SPR history in response to the oil and gas supply crisis caused by the geopolitical events in the Eastern Europe.

April 1, 2022

views 2878
Base Case Scenario Sees Abnormally Elevated World Gas Prices Throughout Entire Upcoming Winder

Base Case Scenario Sees Abnormally Elevated World Gas Prices Throughout Entire Upcoming Winder

Energy and electricity prices in Europe set new records every day. Wholesale prices for natural gas are at their highest in years, and have more than doubled since the spring.

September 17, 2021

views 3065

Popular posts

Stocks

Alibaba’s Earnings vs. China’s Regulatory Actions: Waiting for Stock Reentry Signals

August 4, 2021

views 4028
Cryptocurrencies

Ethereum “London” Change of Protocol: Big Deal or Much Ado About Nothing?

August 6, 2021

views 4024
Cryptocurrencies

Why Robinhood IPO is Highly Contingent on Crypto Market Performance

July 2, 2021

views 3976
Stocks

Microchip Shortage Saga is Nowhere Near the End

June 1, 2021

views 3949
Commodities

Gold and Precious Metals: Landscape is Changing Outside our Windows

May 24, 2021

views 3888
show more

Tech summary box

top crypto

© 2024 Dutch Rate

Client Agreement AML Policy Refund and Withdrawal policy Privacy Policy

Trading financial instruments involves substantial risk and is not suitable for all investors. The information herein is not a recommendation to trade nor investment research or an offer to buy or sell any instrument. It does not take into account your particular investment objectives, financial situation or needs and does not create a binding obligation on any of the Dutch Rate Company to enter into any transaction with you. You are advised to perform an independent investigation of any transaction to determine whether any transaction is suitable for you.

The website is operated by Dutch Rate Limited (reg. number 176,110) registered in New Horizon Building, Ground Floor, 3½ Miles Philip S.W. Goldson Highway, Belize City, Belize and by Dutch Rate FZE LLC (reg. number 3877) registered in Business Club - A-0024-317 - Flamingo Villas, Ajman. Dutch Rate does not provide services to citizens of the United States and Canada.