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Oil prices fall on stronger dollar, weak US gasoline demand
Oil prices fell for the second consecutive session on Wednesday as the dollar strengthened and government data showed a surprise jump in U.S. crude and gasoline stocks. Read More
Oil prices advance as investors reassess US inventories data
expect US inventories to rise less than normal in reflection of a global oil market in a slight deficit. This will likely hand support to the Brent crude oil price going forward," Bjarne ... rates ... Read More
The Dominant Dollar Faces a Backlash in the Oil Market
If the dollar’s dominance were to erode, that could eventually diminish this authority. The tight links between the dollar and global oil markets date ... A far bigger shift would occur if ... Read More
Shale CEOs Bemoan US Political ‘Uncertainty,’ Dallas Fed Says
US oil prices are more than high enough to make drilling new wells profitable but some shale bosses say they’re hesitant because of political and regulatory “uncertainty” that won’t be settled until ... Read More
The dominance of the US economy and the stock market in 4 charts
The dominance of the American ... of the world not including the US is at about 60%. Only Switzerland and Denmark have seen stock market values hit relatively bigger sizes when measured as a ... Read More
Oil Markets Face Supply Deficit on OPEC+ Curbs, IEA Says
The IEA assumes the measures will in fact continue until the end of 2024, reflecting the “bloc’s efforts to balance oil markets,” it said in a report. Read More
The dominance of the US economy and the stock market in 4 charts
and that growth has only accelerated recently. "The longer-term rise in the relative size of the US equity market has reflected the dominance of the US economy," strategists wrote. "Nonetheless ... Read More
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