2024-9-25 09:00 |
Electric vehicles are gaining market share in China and U.S. cars are going farther on a gallon of gas, helping to diminish demand for crude oil. origin »
Bitcoin price in Telegram @btc_price_every_hour
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Renewed volatility, coupled with a series of disappointing data releases, has stoked recession fears. The price trends observed in gold, copper and iron ore collectively suggest a slowdown in economic activities, potentially leading to softer demand for crude oil and a generally negative market outlook.
2024-9-16 10:45 | |
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Oil prices are lower than they were two years amid the rise of EVs, slowing growth in China and an increase in U.S. production.
2024-5-28 09:00 | |
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Ample inventories, weak demand from top consumer China and booming U.S. production are keeping crude oil prices hovering around $80 per barrel.
2024-5-3 09:00 | |
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Demand for oil has been weakened by Americans driving less as they work from home and amid the increasing use of fuel-efficient cars.
2023-6-29 09:00 | |
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Oil prices have tumbled about 40% from a year ago despite OPEC+ curtailing production. Weak demand is weighing on the market.
2023-6-29 09:00 | |
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Oil prices topped $80 last month, but could not hold on to the gains due to a number of reasons, including concerns over demand.
2023-5-15 09:00 | |
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The oil market is at the confluence of a variety of factors that could determine its direction in 2023, from uncertainty over global demand to low inventories, and more.
2022-11-9 20:26 | |
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Learn how disease spread is driving renewed volatility in the lean hog market, why biodiesel demand is fueling soybean oil usage, and the Ag product updates.
2021-11-8 16:00 | |
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Oil prices could face seasonally weak demand as fall arrives, and an increase in supply, but low U.S. inventories could be a bright spot.
2021-9-26 17:42 | |
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Olive Times, an up-and-coming olive oil brand in China, has joined hands with VeChain, a blockchain-powered chain supply platform, to ensure the authenticity of its oils. VeChain unveiled this news earlier today through a press release, saying this collaboration seeks to help the firm satisfy the increasing demand for organic olive oil in China.
2021-8-27 22:15 | |
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The global oil market was shaken by news from the United States as a ransomware attack hit the largest oil infrastructure operation in the country. A recent report claims hackers asked Colonial Pipeline to pay for an undisclosed amount in ransom to unlock the firm’s system – a demand the company allegedly fulfilled. Darkside Gang […]
2021-5-15 23:00 | |
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We examine key market factors including demand optimism as vaccines proliferate.
2021-4-26 13:00 | |
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Could the potential arrival of vaccines next year unleash pent-up demand for oil from sectors held down by the virus? It might depend on fiscal stimulus.
2020-11-21 19:00 | |
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US shale oil output might decline next year if prices hover around current levels, but weak demand could well be in the driver's seat if the virus persists.
2020-11-10 14:00 | |
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Oil demand from the transportation and airline sectors remains well below pre-pandemic levels, adding fresh challenges to already shifting seasonal trends.
2020-9-30 13:00 | |
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The oil and gas sector was on the brink of collapse this year amid a devastating decline in commodity prices in the wake of weakened demand as a result of the COVID-19 pandemic. Oil prices have recovered somewhat, but the industry is still having to reinvent itself in some ways to keep businesses running.
2020-9-27 12:00 | |
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Coinspeaker OPEC Revised Outlook on Oil Demand in 2020 and 2021As the coronavirus pandemic persists, the OPEC trimmed outlook on oil demand in 2020, and the first six months in 2021.OPEC Revised Outlook on Oil Demand in 2020 and 2021
2020-9-15 19:12 | |
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BP says world oil demand peaked in 2019 as central banks make “unconventional” policy the norm — and that’s all good for Bitcoin.
2020-9-15 13:27 | |
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Energy markets, such as Oil, have recently seen growing demand by crypto traders who are seeking new trading opportunities and are keen to gain exposure to new financial markets. Dabbling in new traditional financial markets was historically a challenging experience for most crypto traders in terms of both time and money.
2020-7-24 15:00 | |
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Crude oil storage levels in Cushing and other hubs are declining as the demand for oil increases in the wake of the pandemic.
2020-6-4 21:00 | |
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Coinspeaker Oil Prices Rise as Saudi Arabia Pledges Further Production CutWith the decline in oil demand due to the Covid-19 crisis, Saudi Arabia has pledged to further cut its production rate.
2020-5-12 15:54 | |
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Markets are predicting global oil demand to stay depressed into the summer as futures for June continue to drop. Bitcoin, on the other hand, has seen steady gains. Oil futures suffered a historic drop recently as traders struggled to liquidate their May futures contracts.
2020-4-28 17:10 | |
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This week, the world saw oil prices falling into negative territory for the first time ever. As we reported, the deep decline in the price of oil was due to oversupply while the demand had a sharp fall as a result of coronavirus pandemic-induced economic shutdowns.
2020-4-27 21:23 | |
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Tesla (NASDAQ: TSLA) stock has an energy problem, as survey data suggests negative oil prices will crater demand for electric vehicles. The post Sub-Zero Oil Price is a Scorching Car-Wreck Problem for Tesla Stock appeared first on CCN.com
2020-4-23 14:07 | |
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After remarkable rallies from the lows, both crypto and the stock market have reversed over the past few days. Bitcoin has shed 9% from the local highs while the stock market has tumbled 5%, responding to a crash in the demand for oil, which resulted in barrels temporarily trading negative on April 20th.
2020-4-22 04:00 | |
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In an unprecedented move yesterday, U. S. crude oil futures plunged well into the negative territory. An oversupply during a period of record-low demand has seen oil prices tank around the world.
2020-4-22 20:48 | |
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Owing to restrictions within the U. S. and abroad during the COVID-19 pandemic, the demand for refined petroleum products has all but disappeared. As a result, oil refineries have significantly cut their production and purchase of crude oil.
2020-4-22 15:01 | |
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A look at how the currencies of eight major commodity exporting nations have performed amid a decline in demand for their products such as oil and metals.
2020-4-15 13:59 | |
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Coinspeaker Estimated Russian Urals Oil Prices Turn Negative, Storage Capacities Are FullWith government institutions enforcing a shutdown due to the COVID-19 outbreak, the demand in the oil market has plunged to a record low.
2020-4-2 13:06 | |
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Oil prices crashed to an 18-year low as the coronavirus-fueled demand shock continued unabated. But the worst isn't over - not even close. The post Oil Prices Crash Below $20 – Why Crude’s Collapse Is Far from Over appeared first on CCN.com
2020-3-31 17:27 | |
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Demand for gold is skyrocketing and the clamor for scarce assets in a remote-first world was precisely where bitcoin was supposed to shine. But it's complicated.
2020-3-27 23:48 | |
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Oil prices face a perfect storm of falling demand and increasing supply. One Wall Street analyst thinks prices could go below zero. The post This Is How Oil Prices Can Crash Below $0 (Yes, Really) appeared first on CCN.com
2020-3-19 02:06 | |
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The entire world has been focused on the economy as the coronavirus outbreak has devastated global markets. While stocks, commodities, and barrels of oil plunge in value, there’s been considerable demand for cold hard cash in certain countries.
2020-3-18 18:30 | |
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Coinspeaker Oil Price Drops Below $30 as Coronavirus Forces Reduced DemandThe situation with the oil price is getting worse as the price has now fallen below $30 as there is no longer much demand because of travel restrictions due to the coronavirus.
2020-3-17 18:49 | |
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The decline in oil prices is reminiscent of episodes in 1985-86 and 2014-16 when supply increased, with an additional element of falling demand.
2020-3-14 13:00 | |
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Oil production in the Permian Basin could be headed for a slowdown amid a slump in capital expenditure, higher input costs and reduced demand.
2020-3-9 10:00 | |
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U.S. oil prices plunged below $50 a barrel on Tuesday after the International Energy Agency revised down its forecast for global energy demand. The post Oil Crash Intensifies Following Dire Warning from Energy Watchdog appeared first on CCN.com
2020-2-26 01:11 | |
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The economic blow back from coronavirus threatens China's economy and its vast energy consumption. Oil prices are likely headed lower as a result. The post No Hope for Oil Price Revival as Coronavirus Blunts Chinese Demand appeared first on CCN.com
2020-2-15 22:31 | |
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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
2020-2-11 00:59 | |
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The Organization of Petroleum Exporting Countries (OPEC) and Russia have agreed to push up their regular March meeting due to a price collapse. Oil has dropped over 20% in January amid fears of demand cuts related to the coronavirus outbreak.
2020-2-3 00:24 | |
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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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Bitcoin appeared stuck in a price-range on Monday as attacks on Saudi Arabia’s oil facilities raised concerns over global energy supply and renewed tensions in the Middle East. The spot bitcoin rate slipped 0.
2019-9-16 17:00 | |
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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 | |
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In a handful of oil fields in the Great White North, natural gas, an otherwise wasted drilling by-product, is being put to work. But it’s not being used to well more oil; it’s being used to mine bitcoin.
2019-5-8 20:07 | |
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Donald Trump sent the oil market into a tailspin Monday with one tweet claiming oil prices are too high and blaming OPEC for it. Is Trump unaware that oil prices are a function of supply and demand? Or is he deliberately shifting the blame off his destructive embargo of Venezuela? Oil prices getting too high.
2019-2-26 02:39 | |
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Making comparison shows that the fate of bitcoin is likely going to be like that of oil, from all indications. Bitcoin is the number one cryptocurrency, which attracts a lot of attention and demand not just that it is digital money but that it offers freedom from financial hitches.
2019-1-18 11:31 | |
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As consumer desire for palm oil continues to rise, movers and shakers within the industry look towards blockchain to solve issues related to production, accountability, and sustainability. Growing demand for palm oil over the last decade has driven a lot of new eyes towards the industry.
2018-9-17 13:00 | |
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Precious metals have been soaring since 2025 amid concerns over inflation but not long bonds, whose yields have barely moved.
Gold, silver and other precious metals soared in 2025. Their prospects this year hinge on inflation and interest rates.
Most major economies are easing policy despite above-target interest rates, possibly leading the way to faster growth and even higher inflation.
Platinum and palladium prices are surging after being in gold's shadow for years. Discover the key factors driving this rally.
Discover how the automotive industry's demand for palladium, a key component in catalytic converters, drives its market.
With the growing appeal of decentralized finance (DeFi) and the adoption by retail and institutional investors, cryptocurrencies are emerging as a compelling investment asset class.
Mexico's S&P/BMV IPC has a low correlation on a one-year rolling basis to the S&P 500, offering diversification opportunities to U.S. portfolios.