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.   Â
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…
Web Server Hosting Gift Nifty Falls 34 Points, Signals Muted Start For Markets As Iran-US Tensions Keep Oil Prices Elevated http://dlvr.it/TV2n8K Arise Server
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How Inflation Inside Iran Is Quietly Moving Global Oil | GeoMoney TV
I just watched this video about how inflation and economic pressure inside Iran can affect global oil markets. It explains how uncertainty, shipping costs, insurance, and market risk can influence oil prices even when there is no major disruption in production. Really interesting look at how markets react before events fully unfold.
US helicopter fires on Panamanian-flagged ship accused of breaching Iran blockade https://zeitline.news/en/us-fires-panamanian-ship-iran-blockade?utm_source=dlvr.it&utm_medium=tumblr
Iran Holds Firm as Trump Shifts to an “Economic Chess Game”.
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