oil price

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Slide in Oil Brings Welcome Break At The Pumps

18 Nov 2022 1 minute read 0 comments SweptOverNiagara

WTI Crude oil has slipped below $80 after topping at about $97 just before the FTX scandal broke out. Pushing it down further is a request put in by China to Saudi Arabia to cut oil shipments. This implies a slowdown with their economy. It might also...

US Oil Down Crypto is UP

20 Apr 2020 1 minute read 0 comments kriptomann

Today's most important economic news comes from US oil. The market is down by -306% and reached down to -$36.9 per barrel... Let me explain what that means. It means oil producers are paying buyer to get rid of the oil! Let me explain this shortly. T...