Tag: USOIL
EIA Cuts 2023 Forecasts
USOIL, Daily
The Energy Information Administration (EIA) reduced it's oil price forecasts for 2023, and it also cut estimates for US crude production.
According to the...
Latest reports of the International Labor Organization & OPEC
USOIL, Daily
The International Labor Organization (ILO) has warned that the current slowdown in the global economy will force more workers to accept low-paid and...
USOIL Rebounds as China Eases COVID Restrictions
2023 is likely to be a year of change, as the economy emerges from one of the most difficult periods of the 21st century....
Market Update – January 5 – FOMC: Inflation still Public Enemy No. 1
The FOMC minutes continued to show inflation was the overriding concern. Participants generally noted that upside risks to the inflation outlook "remained a key...
Market Update – January 4 – USD & JPY hold gains, Stocks flat &...
The first full day of 2023 saw stocks flat, a bid for the Greenback & Yen, weaker EUR following softer German CPI data and...
Market Update – December 9 – Stocks Recover, USD Weaker, PPI Data Ahead
The USD Index is down at 104.55 for a 3rd day in a row. Wall Street rebounded with the US500 +0.75% (3963) gain...
