Crude Oil Crashes to 13-Month Low Amid Devastating Supply Shock

opec	2020-2-11 00:59

Crude oil's descent continued on Monday, as the rapid spread of coronavirus put producers on high alert for a sharp decline in demand. The post Crude Oil Crashes to 13-Month Low Amid Devastating Supply Shock appeared first on CCN.com

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crude oil shock devastating supply amid 13-month

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Источник: ccn.com

crude oil → Результатов: 30

PetroChina Completes First International Crude Oil Trade in Digital Yuan: Report

PetroChina bought 1 million barrels of crude oil settled in e-CNY at the Shanghai Petroleum and Natural Gas Exchange.

2023-10-23 17:17	Digital Yuan
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Three Factors That Will Favor Bitcoin Vs Crude Oil This Decade: Bloomberg’s Chief Expert

Bloomberg’s Mike McGlone bets on Bitcoin price versus crude oil this decade

2022-5-25 20:18
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Tectonic Shift in the US Domestic Crude Oil Grades Market

Read how Crude Oil grade futures contracts from CME Group are helping participants manage arbitrage risk between evolving US and global markets.

2020-5-22 18:00	Economic Events
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This Is Why the Dow Jones & Crude Oil Surged So Aggressively Today

This is why the Dow Jones Industrial Average (DJIA) and crude oil prices rallied aggressively on Wednesday after two days of ugly losses. The post This Is Why the Dow Jones & Crude Oil Surged So Aggressively Today appeared first on CCN.com

2020-4-23 22:49	Oil
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Oil Prices Swing Wildly as Trump’s Sanctions Threat Against Iraq Likely to Backfire

Crude oil's volatile ride continued on Wednesday, as prices peaked at new 52-week highs before crashing again. The post Oil Prices Swing Wildly as Trump’s Sanctions Threat Against Iraq Likely to Backfire appeared first on CCN.com

2020-1-9 20:14	Oil
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Venezuela Cuts Petro’s Backing from 5B Barrels of Oil to 30M: Reuters

Venezuela to back its Petro with 30 million barrels of crude oil instead of 5 billion barrels as initially planned

2019-11-22 19:05	Cryptocurrencies
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Iran’s 53 Billion Oil Barrel Dig May Spoil Sworn-Foe Saudis’ Aramco IPO

The 53 billion barrels of crude oil reserves that Iran has revealed would comprise about 3% of the current proven reserves in the world. More oil in the world means lower prices. Saudi Aramco’s profits have been falling with declining prices.

2019-11-12 13:53
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Oil Prices in Danger of Crashing Next Year Thanks to Weak Demand

Oil prices were flying high when the year began. OPEC and its allies decided to reduce their output to the tune of 1. 2 million barrels per day for the first six months of 2019. Consequently, the international benchmark Brent crude oil touched nearly $75 per barrel by the third week of April.

2019-10-23 19:31
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VanEck-SolidX withdraws Bitcoin ETF proposal from SEC’s consideration

The VanEck-SolidX Bitcoin ETF proposal was withdrawn—again—from the SEC’s consideration prior to an October decision. Primer on VanEck-SolidX Bitcoin Shares VanEck-SolidX first submitted its proposal to list and trade shares of the “VanEck SolidX Bitcoin Trust” under commodity-based trust rules with the Securities Exchange Commission.

2019-9-18 03:50	Regulation
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Bitcoin Down as Saudi Attack Raises Fears of Economic Crisis

Bitcoin was trading in negative territory on Tuesday as attacks on Saudi Arabia’s crude oil processing facilities weighed on the global economy. The benchmark cryptocurrency dwindled by $74.

2019-9-17 16:00
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BOOM! Saudi Oil Attacks Pose Crucial Test for Bitcoin

The weekend drone attack on Saudi Arabia’s oil production facilities has slashed global oil supplies by five percent, temporarily sending the price of Brent crude up twenty percent. The attack also prompted a one percent rise in the price of gold.

2019-9-16 18:11	Bitcoin
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3 Oil Stocks Strike as Biggest Pre-Market Gainers as Trump Drills Pipeline Approvals

The warning by President Donald Trump that the U. S. is “locked and loaded” ready to attack Iran over suspicion that it was behind the drone attacks on refineries in Saudi Arabia not only sent crude oil prices surging but also saw upstream stocks climbing.

2019-9-17 15:13
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Drone Attacks On Saudi Oil Facilities Push Prices Up Depleting Global Reserves by 5%

Coinspeaker Drone Attacks On Saudi Oil Facilities Push Prices Up Depleting Global Reserves by 5%Global prices of crude oil have jumped shortly after major Saudi oil processing plants took several hits from drone attacks.

2019-9-16 11:36
oil global prices saudi attacks drone reserves

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Report: Shell and Sinochem Discuss Blockchain Platform for Crude Oil

Sinochem Energy Technology is reportedly discussing building a blockchain platform for the oil sector with Shell and Macquarie

2019-9-7 21:40	China
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Tether Mulls Commodity-Backed Stablecoin to Cut Bank Risk: Report

Bitfinex shareholder Zhao Dong claims Tether will release a version of its stablecoin pegged to commodities such as gold, crude oil and rubber

2019-9-4 11:24	Yuan
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Dow Rocked as King Dollar Ravages Risk Appetite

The Dow Jones surged as much as 152 points on Friday, only to careen lower following a US dollar spike and a major sell-off in crude oil. Dow Jones Reverses as Oil Prices & Sentiment Plummet As of 12:30 pm ET, the Dow Jones Industrial Average had gained 37.

2019-8-31 19:33	US dollar
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Dow Rallies as Investors Ignore CBO's $1 Trillion Debt Bombshell

By CCN Markets: The Dow Jones bounced over 1% on Wednesday, and not even an epic Trump rant was enough to spoil the stock market's party. Wall Street enjoyed stellar retail figures from Target and Lowe's, alongside robust new home sales data and demand for crude oil.

2019-8-21 19:16	dow jones
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Dow Surges as Wall Street Ignores Trump’s Anti-Fed Twitter Tirade

Stock market sentiment brightened as the Dow Jones moved 292 points (1. 13%) higher on Thursday, raising the DJIA to 26,299 . Wherever you look, risky assets are rallying. Crude oil is up more than 3.

2019-8-9 19:47	Federal Reserve
anti-fed dow tirade twitter street ignores trump

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Founder of Adamant Capital Compares Adoption of Bitcoin Similar to Petroleum in the 1800s

Tamas Blummer and Turr Demeester spoke about the future path of Bitcoin. Demeester compared the progress to that of the crude oil/petroleum transition of the 1860s. The entire blockchain of Bitcoin is based on a decentralized ledger, secured by the miners that support the network by validating via their system. The miners that validate the […]

2019-5-31 18:14	Bitcoin Innovation
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Binance Research Shows Bitcoin’s Performance is Better Than Tech Stocks and Crude Oil in 2019

The crypto market has experienced different highs and lows this year, however it still keeps surprising critics. Bitcoin, has also had an exciting year and as the world’s largest cryptocurrency, it always manages to gain attention.

2019-5-14 02:15	Bitcoin (BTC) Price
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“Rat Poison” Bitcoin Outperformed Most Traditional Asset Classes in 2019

The asset that legendary investor Warren Buffett once called a “rat poison” is looking like nectar in 2019. Bitcoin, a global money system currency, surged up to 53 percent in a much-needed bullish recovery session.

2019-5-7 15:15	Bitcoin
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Bitcoin Is the Best Performing Major Asset Class so Far in 2019

Is the proverbial winter over for Bitcoin just yet? Well, it’s too early to draw a conclusion even for the most hardcore Bitcoin bull out there. However, based on some newly available cold, hard data, it appears the world’s leading cryptocurrency is outmaneuvering pretty much any other rallying asset class — be it crude oil, […] Bitcoin Is the Best Performing Major Asset Class so Far in 2019 was originally found on Cryptocurrency News | Tech, Privacy, Bitcoin & Blockchain | Blokt.

2019-5-7 13:59	Bitcoin
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Bitcoin [BTC] performed better than crude oil and tech stocks in 2019, claims Binance Research

Bitcoin [BTC], the world’s largest cryptocurrency, has had an exciting new year as a rise in its prices proved its naysayers and critics wrong. The latest report compiled by Binance Research gave more evidence to support this fact, with numbers suggesting that Bitcoin has outperformed most traditional asset classes in 2019.

2019-5-7 11:30	News
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Dow Under Pressure as Crude Oil Politics Strangles Stock Rally

By CCN: The Dow and broader U. S. stock market drifted lower Wednesday, pressured by a sharp decline in energy shares after government data showed a surprise build-up in commercial crude inventories.

2019-4-25 21:50	S&P 500
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How To Become a Better Bitcoin Trader [Interview]

Brian Beamish is a professional trader, educator, and market commentator. He has over thirty years of direct experience as a trader, industry worker, and advisor. He has held licenses to advise on stocks, commodities, derivatives, and retirement planning and holds the designation of Fellow of the Canadian Securities Institute.

2019-4-11 15:00
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Saudi Arabia Won’t Bow to Trump’s ‘Crude’ Jabs Until After Aramco IPO

Donald Trump has been doing his best to wage war on the rising oil price, but the president is struggling with the fact that strong US growth is a natural boost to crude. However, there is another thorn in his side – Saudi Arabia-led OPEC, who have been keen to limit supply.

2019-4-9 17:45
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Trump Declares War on OPEC, Saudis Laugh as Oil Price Surges

Donald Trump is ramping up his attack on oil prices as US crude hit a 5-month high today. While up to now the US president has been focused on denouncing high energy costs via Twitter, it appears he now is looking to do more than merely bash OPEC online.

2019-4-6 00:45	texas
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Some Altcoins Make Mild Gains, Crude Oil Futures See Four-Month High

Cryptocurrency markets are experiencing mixed signals, with some of major coins reporting minor gains

2019-3-15 23:59	Oil
gains signals experiencing mixed major minor reporting

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ING Banking Group Expands Blockchain Usability With Komgo And Vakt Initiatives To Rival Bakkt

ING Banking Group Expands Blockchain Usability With Its Komgo And Bakkt Initiatives The Dutch banking group ING is moving towards blockchain technology in 2019. ING aims at expanding programs related to trade and commodity finance related to energy, crude oil, soybeans and other metals.

2018-12-28 20:38	News
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World’s First Blockchain-Based Oil Trading Platform Launched

VAKT, a blockchain-based consortium formed by leading oil and energy sector companies announced the launch of its commodity post-trade management platform through a press release dated November 29, 2018.

2018-12-2 05:00
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Shell & BP Are Now Selling Crude Oil on the Blockchain

Shell and BP are now using a blockchain-based trading platform for crude oil, which they hope will solve trade and settlement inefficiencies. Shell & BP Hope Blockchain Will Solve Inefficiencies Vakt is first to market of several pilot schemes which have been in development, which Bitcoinist reported on back in January 2018.

2018-12-1 04:00
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Meet Vakt, First Blockchain-based Platform to Finalize Crude Oil Deals

CoinSpeaker Meet Vakt, First Blockchain-based Platform to Finalize Crude Oil Deals At the helm of an international oil consortium, Shell and BP set up a live blockchain-based platform to secure effective post-trade processes.

2018-11-30 22:53
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3 Underrated Cryptocurrencies Under 50 Cents

Investing in cryptocurrencies is more like buying a commodity like silver or crude oil than buying stock in a… The post 3 Underrated Cryptocurrencies Under 50 Cents appeared first on Invest In Blockchain.

2018-8-13 06:14
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EverMarkets ICO

EverMarkets proposes to offer a trading platform aimed at revolutionizing global derivatives markets. EverMarkets is developing the EverMarkets Exchange (EMX), based on this platform, which will offer futures contracts which give price exposure to underlying assets as varied as crude oil, gold, stock indices, or bitcoin.

2018-7-4 20:23
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OPEC+ Production Cuts to Impact Central Banks Fight against Inflation

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Coinspeaker OPEC Unveils Plans to Cut Oil Production Beginning in May While Saudi Arabia said its cut is a precautionary measure that is aimed at supporting the stability of the market, experts are positive that many OPEC nations do not want to relive the crash that followed the 2008 crisis.

Here’s Why This Expert Thinks The Next Crypto Bearish Trend May Be Near

The past few months have brought a rollercoaster experience for the prices of cryptocurrencies. The crypto market has been hovering due to the impact of macro factors. But the past 24 hours created a new move of strength in the market.

OPEC to Discuss Blockchain Technology at Upcoming Virtual Workshop

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Here’s Why Oil Prices Will Never Recover

Oil prices are gaining momentum, but the same supply issues that pushed the commodity below $0 still exist despite easing lockdowns. The post Here’s Why Oil Prices Will Never Recover appeared first on CCN.com

OPEC+ Fails to Reach Consensus on Cutting Oil Production, Crude Prices Fall to 2017 Lows

Coinspeaker OPEC+ Fails to Reach Consensus on Cutting Oil Production, Crude Prices Fall to 2017 LowsAs crude prices went tumbling down, OPEC and non-OPEC members met on Friday for discussing the cutdown on oil production to control the price.

2020-2-11 00:59

crude oil → Результатов: 30

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