Crude Oil Prices Slightly Rising

Crude Oil Prices Slightly Rising

Bullish signals coming from refining sectors both in the US and China erased fears a possible slowdown of China’s economy and this helped crude oil prices to slightly go up and erased its earlier losses. Fact: Crude oil powers the global economy. And it’s...
The US: A Year After the Economic War

The US: A Year After the Economic War

The percentage of US citizens who were expected to receive government benefits due to being unemployed decreased this year, 15,000 less than expected. The number of US applications for unemployment benefits rose less than expected. The number of applicants for...
OPEC Faces Challenges in Balancing Oil Markets

OPEC Faces Challenges in Balancing Oil Markets

The Organization of Petroleum Exporting Countries (OPEC) faces many challenges due to the instability of the global oil market, and instability comes as a result of trade disputes between China and the United States and the United States and China are the largest...
US & Russia to Cut Interest Rates to Avoid Recession?

US & Russia to Cut Interest Rates to Avoid Recession?

Most countries have recently slashed their interest rates due to the slowdown in inflation and stagnant economic growth as a result of the emerging economic crises between many countries such as the United States and China which in turn has affected the global...
US-Iran Tensions and the Gulf States

US-Iran Tensions and the Gulf States

The United States is engaged in several world economic wars led by its president, Donald Trump, all of which have one or another impacted the financial markets including the oil industry as Iran’s exports amount to 80%. The Gulf states are currently trying to...