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Category OIL

JP Morgan: Oil’s Volatile Journey From $145.29 Peak to $71.48—What’s Next?

JP Morgan: Oil’s Volatile Journey From $145.29 Peak to $71.48—What’s Next?

According to current JP Morgan oil analysis prices have experienced a drastic decline from their 2008 value of…
IMF Lowers Saudi Arabia’s Growth Outlook as Economic Pressures Loom

IMF Lowers Saudi Arabia’s Growth Outlook as Economic Pressures Loom

The International Monetary Fund (IMF) has lowered Saudi Arabia’s growth outlook in its latest report. In its recent…
Bloomberg Analyst Predicts Massive but Historically ‘Normal’ Market Crashes for Bitcoin, Oil and Stock Market

Bloomberg Analyst Predicts Massive but Historically ‘Normal’ Market Crashes for Bitcoin, Oil and Stock Market

Bloomberg commodity strategist Mike McGlone says that there’s a chance of a massive correction in US markets that could pummel the price of Bitcoin...
Iran Sanctions & China’s 90% US Oil Cut: How High Could Oil Prices Climb in May 2025?

Iran Sanctions & China’s 90% US Oil Cut: How High Could Oil Prices Climb in May 2025?

Iran’s and China’s oil trade is actually shifting quite rapidly right now as new US sanctions and also…
Exxon (XOM) Jumps As It Becomes Billionaires’ Top Oil Stock

Exxon (XOM) Jumps As It Becomes Billionaires’ Top Oil Stock

Exxon Mobil (XOM) stock climbed during Thursday’s trading session following a general rise amongst oil company stocks. U.S.…