Jan 5
Venezuela’s Oil Output Rise May Pressure Global Prices Venezuela’s oil supply is set to rise, adding fresh barrels to the global market. The increase could ease supply pressures and push global oil prices lower.
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Venezuela’s Oil Output Rise May Pressure Global Prices Venezuela’s oil supply is set to rise, adding fresh barrels to the global market. The increase could ease supply pressures and push global oil prices lower.
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French Elections Impact on Markets, Euro and Pound React to Data
French Elections Impact on Markets, Euro and Pound React to Data US Dollar (USD): The US Dollar, has stayed quite stable after mixed reactions to the release of the newest US Nonfarm Payrolls report, through which 206K new jobs were created against the forecast of 190K, though previous month’s numbers have been revised significantly lower from 272K to 218K. Euro (EUR): Additional pressure may…
(via Saudi Arabia Extends Cut of 1 Million Barrels of Oil a Day, Potentially Boosting Gas Prices - NowThis)
Gas is already up 30 cents per gallon in the past month. The Saudis are going to keep reducing production to jack up prices. This screws the American consumer as it forces energy prices higher and higher. The Saudis will keep supplies tight to fuck with and sabotage the 2024 US election (the crown prince is a big Trump fan) Republicans will lie like they always do and blame Biden.
UK GDP Growth Sparks Little GBP Movement
Main Market Movers Today UK GDP Data: The UK has released its GDP figure for May, posting 0.2% growth month on month. This modest rise shows that UK economic activity is picking up but is recovering really slow. The backdrop of positive GDP data lent the British pound little support, though ongoing concerns of the broader economic outlook bridle these gains. US CPI Data: The US will later…
Iran Holds Firm as Trump Shifts to an “Economic Chess Game”.
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US-Iran war: Washington claims Hormuz deal is near as Tehran hardliners push back https://zeitline.news/en/us-iran-war-hormuz-deal?utm_source=dlvr.it&utm_medium=tumblr
Web Server Hosting Asian Shares Pause for US Jobs, Oil Extends Gains on West Asia Risk; Kospi Down 0.5% http://dlvr.it/TTvC2n Arise Server
The Strait of Hormuz Crisis: How One Route Is Shaking Global Oil Markets | GeoMoney TV
Just watched this insightful breakdown of the Strait of Hormuz crisis and why this small but powerful route matters so much. The video explores how energy, politics, and global markets are connected, showing why events in one region can affect the entire world.
