2023-7-29 09:00 |
There is a pattern of crude oil prices tracking the soybean oil market with a lag in its rallies and slumps.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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The oil industry has had a chaotic two years. Crude oil prices were down early in the COVID-19 pandemic; nevertheless, the price has now topped $100 per barrel. Moreover, the worldwide benchmark, Brent crude oil, is currently trading above $111 per barrel.
2022-5-9 09:34 | |
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Soybean oil has a history of leading crude oil through price peaks and troughs.
2021-4-11 13:00 | |
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Popular DeFi project DEX Synthetix now allows the crypto market to trade Brent Crude Oil as well. sOIL (Synthetic Brent Crude Oil) is a non-expiring Crude Oil Index based on the futures prices of ICE Brent Crude Oil, whose price is tracked through price feeds supplied by the Chainlink oracle, which will source the data […] The post DEX Synthetix Now Allows Trading of Brent Crude Oil Powered by Chainlink Oracle first appeared on BitcoinExchangeGuide.
2020-11-14 20:30 | |
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Crude oil recorded a historic drop by 99% on April 20. This sudden fall has added to the difficulties caused by the COVID-19 crisis especially in countries where fuel accounts for more than 90% of totThe post Does Bitcoin's correlation with crude oil hint at more trouble in the days to come? appeared first on AMBCrypto.
2020-4-24 10:30 | |
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Bitcoin was forced to retreat from the low-$7,000s on Tuesday following an unprecedented fall in crude oil prices. This was expected, though, considering a sharp drop in oil prices almost always has repercussions for most other major asset classes.
2020-4-22 10:55 | |
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Investment guru Robert Kiyosaki offers his take on why the Bitcoin price has recently slipped below $7,000, also commenting on the crude oil price slump
2020-4-22 10:47 | |
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The Dow Jones struggled again today as the oil price weighed on the stock market, despite a resilient showing from Exxon Mobil and Chevron. The post The Dow Is Plunging Because the Crude Oil Meltdown Isn’t Over Yet appeared first on CCN.com
2020-4-22 22:42 | |
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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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Crude prices have collapsed, spawning a litany of memes celebrating the fact that an empty barrel of oil is more expensive than a full one. The post Oil Prices: A Full Barrel of Oil is Now Cheaper than An Empty One appeared first on CCN.com
2020-4-22 16:33 | |
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Global markets had a historical day on Monday, as the price of oil dropped below zero and closed the day at -$36 per barrel of crude. The oil crash below zero has never happened in anyone’s lifetime and economists worldwide are uncertain about the future of the world’s financial system going forward.
2020-4-22 15:15 | |
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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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The global markets saw the price of crude oil crash to $0 on 20 April, a development that caused a lot of frenzy in the market. While many reasons were attributed to this fall, probably the most pertiThe post Cardano, Stellar Lumens' volatility falls as trends now on the brink of reversal appeared first on AMBCrypto.
2020-4-21 13:30 | |
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Despite the crude oil price falling below zero, Bitcoin is still almost 7,000 times more expensive. In comparison, now BTC does not seem so volatile
2020-4-21 11:35 | |
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With industrial activity forced to a snail’s pace by the coronavirus, a massive surplus of oil is causing prices to tank. The most recent in a series of crashes now sees crude oil trading at just less than $1 per barrel.
2020-4-21 22:03 | |
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As the 38-percent plunge of crude oil has become a hot discussion topic today, Bitcoin advocate Max Keiser states that BTC does not look so volatile next to the oil price
2020-4-20 17:06 | |
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Chamath Palihapitiya, the CEO of Social Capital, is expecting crude oil prices to plunge to zero
2020-4-20 10:15 | |
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Brent Crude Oil has jumped some 40% from $26 to $36 to then ‘plunge’ to $28, now at $30 but moving with some considerable speed. WTI Oil is up some... The post Oil Goes Nuts, Bitcoin, Stocks on the Rise appeared first on Trustnodes.
2020-4-5 18:26 | |
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The price of oil continues to tumble lower — WTI crude briefly traded for under $20 per barrel this week. The dollar, dependent on oil, could now in serious jeopardy. The oil price war between Russia and Saudi Arabia shows no signs of slowing down, and US shale will likely see mass bankruptcies in the […] The post Collapsing Petrodollar and Oil Prices could Find Relief in Digital Currency Counterparts appeared first on BeInCrypto.
2020-4-2 13:10 | |
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Coinspeaker Bitcoin and Ethereum Are Worst Investments in 2020 after Crude OilBitcoin and Ethereum are two of the most famous cryptocurrencies. During the fall of the markets, they fall especially loudly.
2020-3-31 01:20 | |
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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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Synthetix’s Hadar upgrade will bring a slew of traditional assets to the platform, such as Brent crude oil, FTSE 100, and the S&P Global 1200. The protocol is entering uncharted...The post Synthetix Announces Crypto Assets for Legacy Market Exposure appeared first on Crypto Briefing.
2020-3-25 23:12 | |
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Last week was some of the darkest hours of global financial markets. Affected by the COVID-19 epidemic and oil price war, global stock markets, crude oil price, gold price and futures markets dived successively.
2020-3-17 15:17 | |
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Oil and Bitcoin rebounded in tandem after falling to record lows earlier this week. International benchmark Brent crude surged more than 11 percent to $37. 13 per barrel after its most significant fall since the 1991 Gulf War on Monday.
2020-3-10 17:58 | |
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Global markets are in turmoil today as news of a Saudi Arabia-led crude oil price war caused selloffs around the world. Bitcoin joined the decline too with its own agonising plunge but gold price is holding up great.
2020-3-10 23:00 | |
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In the last 24 hours, Bitcoin is the second worst-performing asset class, behind crude oil. It is currently down some -10.50 percent, at the time of writing. Given Bitcoin’s drastic drop in the last 24 hours amid the oil price war, the leading cryptocurrency does not seem mature enough to be treated as a global […] The post Bitcoin Is the Second Worst Performing Asset Over Last 24 Hours appeared first on BeInCrypto.
2020-3-10 18:32 | |
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The price of oil has collapsed this year, down more than 30%. Brent crude closed Friday at a multi-year low of $45. 27, a 9% reduction, and West Texas Intermediate fell more than 10%. [CNBC] The declines appear to be based on a painful set of circumstances that have dealt a one-two punch to the industry.
2020-3-9 00:17 | |
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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.
2020-3-7 17:43 | |
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Explore how to use WTI Crude Oil Weekly options to hedge oil risk and express views around market-moving events, with lower premiums and more precision.
2020-2-26 14:00 | |
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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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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 | |
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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 | |
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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 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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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 | |
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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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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 | |
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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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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 | |
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Sinochem Energy Technology is reportedly discussing building a blockchain platform for the oil sector with Shell and Macquarie
2019-9-7 21:40 | |
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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 | |
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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 | |
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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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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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| Analogue Notcoin - TapSwap |
The yen has tumbled to multi-decade lows against the U.S. dollar following Japan's exit from negative interest rates.
Ample inventories, weak demand from top consumer China and booming U.S. production are keeping crude oil prices hovering around $80 per barrel.
Gold prices have been setting record highs in recent weeks despite easing expectations on the number of rate cuts this year.
Japan ended its eight-year experiment with negative rates by raising borrowing costs for the first time in 17 years.
Japan's first rate hike in 17 years ends its eight-year experiment with negative rates, rallying the stock market while weighing on the yen.
Is the U.S. economy adding new jobs or shedding them? Both can be true depending on which government data set you are looking at.
Bitcoin will go through its quadrennial halving on April 19, which will tighten supply. Will prices rally like in past halvings?