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Category OIL

Commodity wrap: gold, silver hit record highs amid Greenland dispute; oil slips

Commodity wrap: gold, silver hit record highs amid Greenland dispute; oil slips

Safe-haven demand propelled gold and silver prices to fresh record highs on Monday, even as experts see further upside. Oil prices slipped, reversi...
Easing Iran tensions erase oil’s risk premium, but analysts warn volatility ahead

Easing Iran tensions erase oil’s risk premium, but analysts warn volatility ahead

Oil prices face mounting fundamental pressure as potential shifts in global oversupply dynamics emerge, driven by China’s decelerating stockpiling,...
Venezuela Dollar Sales Resume After Critical US Oil Blockade Disruption

Venezuela Dollar Sales Resume After Critical US Oil Blockade Disruption

BitcoinWorld Venezuela Dollar Sales Resume After Critical US Oil Blockade Disruption CARACAS, VENEZUELA — March 2025 marks a significant turning p...
Commodity wrap: gold, silver, base metals drop as firm dollar, easing Iran tensions hit sentiments

Commodity wrap: gold, silver, base metals drop as firm dollar, easing Iran tensions hit sentiments

Gold prices continued to fall on the last day of the week as a stronger dollar and improved risk appetite dented demand for the precious metal.  Si...
White House’s Oil Gambit Pays Dividends: Trump’s ‘Gasolina’ Viral Video Celebrates Low Gas Prices

White House’s Oil Gambit Pays Dividends: Trump’s ‘Gasolina’ Viral Video Celebrates Low Gas Prices

President Trump’s celebratory dance, featuring the Latin hit song “Gasolina,” highlights the relevance of current low gas prices for his administra...